Tag Archives: factories

[ad_1] General Motors announced Monday that it planned to decommission five factories in North America and remove several thousand blue-collar and salaried jobs in order to cut costs. The move follows similar …

[ad_1] Mary Barra, president and CEO of General Motors, talks about the automaker's financial outlook on January 10, 2017 in Detroit.(Photo: Paul Sancya, AP) General Motors is on the verge of closing …

[ad_1] DETROIT – General Motors is closing factories in Canada, Ohio, Maryland and Michigan, and is downsizing by 15%, with a view to reducing costs, while the North American auto sector is …

[ad_1] Samsung has formally apologized to its sick and dead workers at its chip and screen factories. The excuses came as part of a settlement that the company has with victims of …

[ad_1] Kinam Kim, President and CEO, Device Solutions, Samsung Electronics, apologizes in Seoul, South Korea.Image: Lee Jin-Man (AP) Samsung has formally apologized to its sick and dead workers at its chip and …

[ad_1] LONDON (Reuters) – British plants have had their worst month since the October 2016 vote at the 2016 Brexit, due to concerns over the country 's upcoming departure from the country. …

[ad_1] BEIJING (Reuters) – A private survey revealed that China's manufacturing sector had barely made progress last month after losing ground. A prolonged contraction in export orders has highlighted growing pressure on …

[ad_1] BEIJING (Reuters) – A private survey revealed that China's manufacturing sector had barely made progress last month after losing ground. A prolonged contraction in export orders has highlighted growing pressure on …

[ad_1] BEIJING (Reuters) – The Chinese manufacturing sector barely developed in October and missed expectations, as domestic and external demand weakened, a sign of deepening economic cracks following the intensification of the …

[ad_1] The Trump administration has drawn attention to the growing signs of economic weakness in China and weakening its stock markets as evidence that the United States is winning the trade war, …