A worker walks past aluminium wires at a factory in Binzhou, China. Reuters
A recently signed agreement between Al Ain Cement Factory, a subsidiary of Arkan Building Materials Co, a leading manufacturer of building materials in UAE, and the National Cement Factory (NCF)
Jaguar Land Rover (JLR) is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
Emirates Global Aluminium (EGA) on Sunday announced that it achieved cost savings of Dhs20.8 million through its suggestion scheme during the first half of 2019. Since January 2019, EGA employees have put forward over 14,000 ideas
Japan’s industrial output rose at the fastest pace in more than a year in May on the back of higher car production, suggesting that growth is holding up despite fears manufacturers remain pressured by the US-China trade war.
Japan’s fourth quarter GDP shrinks much faster than expected and its economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending,
General Motors Co said it would wind down its Australian and New Zealand operations and sell a Thailand plant in the latest restructuring of its global business, costing the US auto maker $1.1 billion.
Gold prices on Monday eased from a near two-week high, as a monetary policy intervention by China’s central bank to limit the economic impact from the coronavirus outbreak reassured investors and boosted demand for higher-risk assets.