TOKYO/ Central banks in Europe were poised to cut interest rates on Thursday to try to contain a global economic slump that appears to be spreading faster than policymakers had anticipated.
DETROIT/ A top lawmaker predicted Washington would approve a bailout for U.S. automakers after they submitted survival plans, and General Motors and Chrysler said they needed an immediate infusion of cash to avoid failures.
Toyota said on Tuesday it will cut management bonuses by 10 percent as the global economic slowdown bites hard and prompts it to reduce production further in Japan.
Tata Steel unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown, Dutch news agency ANP reported on Monday.
Manufacturing shrank at a record pace in November after a collapse in new orders, purchasing managers' data from Markit/CIPS showed on Monday.
The outlook for British manufacturers has deteriorated significantly over the last quarter, a survey showed on Monday, warning conditions in 2009 are set to be some of the toughest for two decades.
One water’s Duncan Goose is in the spotlight this month as Exec looks at the phenomenon of social entrepreneurship, which is replacing the cut and thrust of Nineties’ business ethos as the way forward.
Duncan Frazer, Managing Director of Frazer and Tabberer, number 23 on in this year’s Fast Track 100, explains what the future holds for the company
Following a major reorganisation, business units in the UK, Finland, Australia, USA and China amalgamate into protection equipment specialist, Scott Health and Safety.
Entrepreneur Gamil Magal explains to Manufacturing Exec how the Magal Engineering Group has become a driving force in the automotive industry.
SMD expands its subsea expertise offering turnkey solutions for all trenching and Work Class ROVrequirements, Soil Machine Dynamics has an increasingly diverse portfolio of products.
04 December 2008 08:07