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 several aircraft factories and shipbuilding …
factories
-
-
Financial News
Backlogs, more staff help German factories against headwinds -PMI
by Reutersby ReutersBERLIN – German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing and, in some cases, improved materials availability, but a further decline in new orders mean …
-
Financial News
Mexico’s factories contract for 26th straight month, inflation near four-year high
by Reutersby ReutersMEXICO CITY – Mexico’s manufacturing sector contracted for the 26th month in a row in April, as factories responded to shrinking demand with a further downward adjustment to output and …
-
Financial News
Shanghai factories scramble to reopen as COVID lockdown lingers
by Reutersby ReutersSHANGHAI – 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 urge them to resume work …
-
Financial News
Mexico’s factories contract for 25th straight month, inflation rises
by Reutersby ReutersMEXICO CITY – Mexico’s manufacturing sector contracted for the 25th month in a row in March, amid rising inflation, global shortages of materials, and economic uncertainty due to the pandemic …
-
By Brenda Goh and Norihiko Shirouzu SHANGHAI – General Motors and Volkswagen Group China on Monday said that their Shanghai operations have not been affected by the city’s lockdown to …
-
Financial News
Toyota to further suspend work at 11 domestic factories after quake
by Reutersby ReutersTOKYO – Toyota Motor Corp said on Friday that it would suspend operations on 18 lines at 11 domestic factories next week, mostly for three days, due to a parts …
-
Financial News
China’s factories opt for isolation bubbles to beat COVID curbs and keep running
by Reutersby ReutersBy Josh Horwitz and Martin Quin Pollard SHANGHAI/BEIJING – To keep factory lines open in the face of COVID curbs Chinese firms are asking workers to eat, sleep and work …
-
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, citing the global microchip shortage …
-
Financial News
Nestle reopens factories, warehouses in central and west Ukraine
by Reutersby ReutersBy Maytaal Angel LONDON – Nestle, the world’s largest food group, said it has reopened its factories and warehouses in central and western Ukraine in a bid to ensure essential …
-
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 giant will temporarily halt production …
-
ZURICH – Food group Nestle said it has temporarily closed its factories, warehouses and supply chain in Ukraine following the Russian invasion. “Ensuring the safety and protection of our employees …
-
Business NewsFeatured News
Ford to suspend or cut output at 8 of its factories due to chip shortage
by Reutersby ReutersSAN FRANCISCO – Ford Motor plans to suspend or cut production at eight of its factories in the United States, Mexico and Canada throughout next week because of chip supply …
-
Business News
Tesla shares jump ahead of report; investors eye factories, Cybertruck
by Reutersby Reuters– Shares of Tesla Inc rallied on Wednesday ahead of the electric car maker’s quarterly report after the bell, with investors focused on how quickly the company can scale production …
-
US and World News
Cybertrucks, new factories in focus as Tesla set to report record earnings
by Reutersby ReutersBy Hyunjoo Jin SAN FRANCISCO – Tesla Inc is expected to post record revenue on Wednesday, but analysts and investors are focusing on how fast Tesla can scale up production …