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Mondelez International, the maker of iconic brands including Cadbury Dairy Milk, Oreo, Ritz and Toblerone, has appointed Hemant Rupani as president for its Southeast Asia (SEA) Business Unit. Hemant, previously Managing Director of Mondelez Kinh Do Vietnam, replaces Glenn Caton who has moved to another position in the company’s global …

Foxconn, the world’s largest contract electronics maker, said on Tuesday it was not in the business of selling its own electric vehicle (EV) brand but wanted its customers to sell EVs in large numbers by opening up the “closed loop” of auto manufacturing. The ambition lines up with Taiwan-based Foxconn’s …

Storm Nesat lay 310 km to the northeast of the Paracel Islands at 7 a.m. Tuesday with maximum wind speed of 149 kph. According to the National Center for Hydro-Meteorological Forecasting, the storm will move at 15 kph within Tuesday in the west-southwest direction. By 4 a.m. of Wednesday, it …