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Foxconn net profit rises in second quarter on AI demand
Foxconn net profit rises in second quarter on AI demand
by  AFP

Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers. It said Wednesday that net profit for April-June rose to NT$35.05 billion (US$1.08 billion) from NT$33 billion in the same period last year.

Three years after Taliban return, economic woes loom large
Three years after Taliban return, economic woes loom large
by  AFP

Despite three years of improved security following the end of the Taliban's insurgency, Afghanistan's economy remains stagnant and its population is in the grips of a worsening humanitarian crisis. Though Afghans welcome the improved security in their lives, many are just trying to make ends meet.

Workers strike at world's biggest copper mine in Chile
Workers strike at world's biggest copper mine in Chile
by  AFP

Workers at the world's largest copper mine in Chile are striking after pay talks with Australian resources giant BHP fell apart, casting a shadow of uncertainty Wednesday over the market for the commodity. The Escondida mine in northern Chile yearly digs up around five percent of the world's copper, a coveted metal used in everything from electrical wiring to rechargeable batteries.

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