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Workers escape Chinese iPhone factory over COVID fears

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Workers have escaped from a Chinese iPhone factory after a COVID outbreak sent them into isolation.

Around 10 people were seen jumping a fence at Apple’s largest assembly plant in Zhengzhou city.

While it isn’t clear how many cases were reported in the factory, the city itself has reported over 160 local cases last week.

The city is home to 10 million people, but it was partially locked down as case numbers continue to climb.

Of course, this is all part of China’s strict COVID-zero policy, which is plaguing businesses and the local population.

The factory is owned by the Taiwan-based company, Foxconn.

It acts as a supplier to Apple and has hundreds and thousands of workers at the site.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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