CNOOC Limited (0883.HK)

China Seals Off IPhone Maker, CNOOC in Shenzhen to Battle Covid

(Bloomberg) -- China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer Cnooc Ltd., to operate within a “closed loop” restricted system for seven days as the southern manufacturing hub of Shenzhen battles its latest Covid outbreak.Most Read from BloombergRockstar Games Cleaned Up Its Frat-Boy Culture — and Grand Theft Auto, TooUS Economy Shrinks for a Second Quarter, Fueling Recession FearsFed Hikes 75 Basis Points Second Time, Signals Third Is PossibleBide