Bloomberg Business

Apple Supplier Foxconn to Work With China on Unspecified Probes

Key iPhone assembler Hon Hai Precision Industry Co. said it will collaborate with Chinese authorities on unspecified probes, following a report that officials are conducting tax audits and reviewing land use by parent Foxconn Technology Group Co.

EU Mulls Gas Price Cap Extension to Avert Winter Crisis, FT Says

Europe is considering whether to extend an emergency gas price cap introduced earlier this year because of fears that the conflict in the Middle East and a pipeline sabotage might elevate prices this winter, the Financial Times reported, citing a presentation to diplomats that it had seen.

South Korea, US, Japan to Hold Joint Aerial Drill, Yonhap Says

South Korea, the US and Japan were set to conduct a joint air military exercise near the Korean peninsula on Sunday, weeks after the three countries carried out their first three-nation naval interdiction drills in seven years.

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