North Korea’s Kim visits arms factories amid criticism over trade with Russia
By Hyunsu Yim SEOUL (Reuters) – North Korean leader Kim Jong Un visited arms factories this week, state media outlet KCNA reported on Wednesday as …
factories
Three years on, UK factories still face Brexit challenges – survey
By Suban Abdulla LONDON (Reuters) – Nine in 10 British manufacturers still face problems doing business with the European Union and difficulties in hiring skilled …
GM cancels 1,245 layoffs at factories in Brazil, union says
(Reuters) – General Motors will cancel 1,245 layoffs at its factories in Sao Jose dos Campos, Sao Caetano do Sul and Mogi das Cruzes in …
Blacklisted Chinese Tech Giant Building Shadow Network Of Factories To Evade US Sanctions
Blacklisted Chinese Tech Giant Building Shadow Network Of Factories To Evade US Sanctions Will Kessler on August 23, 2023 An association of top semiconductor companies …
South Korea factories regain some footing as export orders turn around – PMI
By Jihoon Lee SEOUL (Reuters) – A protracted slump in South Korea’s factory activity eased in July as export orders rose for the first time …
Europe’s factories are slowing but no one has told cyclical stock investors
By Lucy Raitano LONDON (Reuters) – Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday’s Purchasing Managers surveys, and yet European cyclical stocks …
Marketmind: Markets brush off OPEC as factories stall
A look at the day ahead in U.S. and global markets from Mike Dolan Relatively calm world markets have brushed off OPEC’s latest twist and …
Mexican factories expand for second straight month, inflation pressures subside
MEXICO CITY (Reuters) – Mexico’s manufacturing sector grew for a second straight month in March as firms hired workers, supply-chain pressures eased, and input cost …
Biden EPA Cracks Down On Midwestern Factories, Power Plants
Biden EPA Cracks Down On Midwestern Factories, Power Plants John Hugh DeMastri on March 15, 2023 The Biden administration on Wednesday introduced stringent rules to …
Biden Admin Opens Probe Into Illegal Immigrant Children Working In American Cereal Factories
Biden Admin Opens Probe Into Illegal Immigrant Children Working In American Cereal Factories Jennie Taer on February 27, 2023 The Biden administration’s Department of Labor …
Euro zone factories are likely over the worst – PMI
LONDON (Reuters) – The downturn in euro zone manufacturing activity eased again last month suggesting the worst may be over, according to a survey which …
COVID-hit Chinese factories eye gradual recovery after Lunar New Year break
By David Kirton SHENZHEN, China (Reuters) – Christian Gassner, whose furniture components factory in the southern Chinese city of Shenzhen had a dismal end of …
North Korea calls for normalising factories, economy after COVID ‘upheaval’
By Hyonhee Shin SEOUL (Reuters) – North Korea’s parliament has outlined plans to normalise industrial production and meet its economic goals this year, despite the …
Exclusive-Apple supplier BOE plans new factories in Vietnam -sources
By Francesco Guarascio HANOI (Reuters) – Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, …
Tesla’s China Head Now Oversees Its US Factories, Becomes Musk’s Number Two: REPORT
Tesla’s China Head Now Oversees Its US Factories, Becomes Musk’s Number Two: REPORT John Hugh DeMastri on January 3, 2023 Tom Zhu, Tesla’s executive responsible …
Darkest days likely over for euro zone factories, Dec PMIs show
LONDON (Reuters) – The downturn in euro zone manufacturing activity has likely passed its trough as supply chains begin to recover and inflationary pressures ease, …
India’s factories ended 2022 on a strong note
By Vivek Mishra BENGALURU (Reuters) – India’s manufacturing industry ended 2022 on a solid footing as business conditions improved at the fastest rate in over …
Mexico’s factories grow again amid sales improvement, job creation
MEXICO CITY (Reuters) – Mexico’s manufacturing sector expanded for a third straight month in November, picking up its pace of growth slightly, as tentative signs …
China’s Nio resumes production at its two Hefei factories
BEIJING (Reuters) -Chinese electric vehicle maker Nio said on Thursday it has resumed production at its two factories in the eastern city of Hefei, after …
Mexico’s factories grow for 2nd month in a row; inflation bites again
MEXICO CITY (Reuters) – Mexico’s manufacturing sector grew, albeit slightly, for the second straight month in October, though challenges persisted, as stubbornly high inflation was …
Mexico factories back in growth territory as challenges abound
MEXICO CITY (Reuters) – Mexico’s manufacturing sector inched back into expansion territory in September, following two months of contraction, as goods producers faced a challenging …
Mexico factories contract again in August, bracing for difficulties ahead
MEXICO CITY (Reuters) – Mexico’s manufacturing sector contracted for a second consecutive month in August as weaker demand conditions, inflation and input shortages hindered growth …
GM’s South Korea unit resumes production at two factories
SEOUL – General Motors Co’s South Korea unit has resumed production at its two factories in the country this week following a production halt that …
GM’s South Korea unit suspends production at two factories over procurement issues
SEOUL – General Motors Co’s South Korea unit has suspended production at its two factories in the country following a local supplier’s refusal to supply …
LG Energy Solution to invest $568 million in South Korean factories
SEOUL -LG Energy Solution said on Monday it will invest 730 billion won ($567.76 million) to expand its production capacity at its Ochang production site …
U.S. adds Russian airplane factories to economic blacklist
By David Shepardson and Karen Freifeld WASHINGTON/NEW YORK – The United States on Thursday added 71 Russian and Belarusian entities to its trade blacklist including …
Backlogs, more staff help German factories against headwinds -PMI
BERLIN – German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing and, in some cases, improved materials availability, but a further …
Mexico’s factories contract for 26th straight month, inflation near four-year high
MEXICO CITY – Mexico’s manufacturing sector contracted for the 26th month in a row in April, as factories responded to shrinking demand with a further …
Shanghai factories scramble to reopen as COVID lockdown lingers
SHANGHAI – Companies reopening factories in locked-down Shanghai are booking hotel rooms to house workers and turning vacant workshops into on-site isolation facilities as authorities …
Mexico’s factories contract for 25th straight month, inflation rises
MEXICO CITY – Mexico’s manufacturing sector contracted for the 25th month in a row in March, amid rising inflation, global shortages of materials, and economic …
GM and VW say Shanghai factories unaffected by lockdown
By Brenda Goh and Norihiko Shirouzu SHANGHAI – General Motors and Volkswagen Group China on Monday said that their Shanghai operations have not been affected …
Toyota to further suspend work at 11 domestic factories after quake
TOKYO – Toyota Motor Corp said on Friday that it would suspend operations on 18 lines at 11 domestic factories next week, mostly for three …
China’s factories opt for isolation bubbles to beat COVID curbs and keep running
By Josh Horwitz and Martin Quin Pollard SHANGHAI/BEIJING – To keep factory lines open in the face of COVID curbs Chinese firms are asking workers …
Honda to cut production by 10% in two factories
TOKYO – Japan’s Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, …
Nestle reopens factories, warehouses in central and west Ukraine
By Maytaal Angel LONDON – Nestle, the world’s largest food group, said it has reopened its factories and warehouses in central and western Ukraine in …
Toyota Suspends Japanese Factories After Reports Of Cyberattack
Toyota is suspending production of all its Japanese factories beginning Tuesday after reports of a cyberattack that caused system malfunctions, Reuters reported. The Japanese car …
Nestle temporarily close factories, warehouses in Ukraine
ZURICH – Food group Nestle said it has temporarily closed its factories, warehouses and supply chain in Ukraine following the Russian invasion. “Ensuring the safety …
Ford to suspend or cut output at 8 of its factories due to chip shortage
SAN FRANCISCO – Ford Motor plans to suspend or cut production at eight of its factories in the United States, Mexico and Canada throughout next …