One of every three German manufacturers is thinking about relocating abroad amid the bloc’s economic difficulties, twice the number of 2022, Bild media sources reported Saturday, noted Siegfried Russwurm, the…

According to an official statement released on Sunday, China’s Dazheng Group Acquisition is leading a consortium, including TFI Asset Management and GA Technologies, which has made a bid to acquire automation…

At least 13 workers are dead, and another 38 were injured after a furnace exploded Sunday at a nickel factory owned by a Chinese company, according to officials. The explosion…

Noting that ties between the steel industries of the United States and Japan are certain to deepen following the acquisition of US Steel by Nippon Steel, the president of Japan’s…

US Steel, once the biggest corporation on the planet, and a symbol of America’s industrial might, has agreed to be taken over by Japan’s Nippon Steel in a deal worth…

This week, US Steel warned 1,0000 employees of its Granite City, Illinois mill that it is expecting to lay off about 60% of them as a result of the need…

On Thursday, Siemens offered a more cautious outlook on sales for 2024, after the maker of everything from industrial software to trains reported fourth quarter industrial profits ahead of expectations.…

On Friday, the Russian newspaper Rossiyskaya Gazeta reported that a new study by the recruitment agency HeadHunter has found that the labor market in Russia is struggling with a steep…

On Monday, consumer goods company Unilever announced its board had voted to freeze the fixed pay of CEO Hein Schumacher for the next two years after shareholders rejected his initial…

Earlier this week, Bloomberg reported that global garment and footwear producers are experiencing difficulties in transitioning to supply chains outside of China, according to reports from several apparel makers and…