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Production at Japan’s vital manufacturers is sinking fast _ and is projected to turn in its worst quarter ever _ amid a plunge in global demand that is battering the core of the world’s second-largest economy.
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AP, Washington
Industrial production fell for the fifth straight month in March, as companies cut output in order to clear stockpiles of goods.
made popular Apr 15 2009
AP, Falls Church
General Dynamics Corp. says plummeting sales of business and personal jets has forced it to cut production, lay off 1,200 workers and reduce its profit guidance for the...
made popular Mar 5 2009
AP, Brussels
Global steel output fell last year after climbing for six years, as demand by car makers and construction dropped amid recessions in the U.S. and Europe, the World...
made popular Jan 22 2009
AP, London
Optimism in Britain’s manufacturing sector has slid to a near 30-year low despite the falling pound, while the car industry continues to suffer amid plummeting...
made popular Jan 22 2009
AP, London
Vehicle production in the United Kingdom slumped by nearly half in December from the same month the year before as the credit crisis continued to hit demand hard, a...
made popular Jan 22 2009
AP, Washington
Industrial production plunged by double the amount analysts expected in December.
made popular Jan 16 2009
AP, Tokyo
Honda said Friday it is slashing production in Japan by an additional 56,000 vehicles, the latest step by the nation’s No. 2 automaker to cope with a global sales...
made popular Jan 16 2009
AP, Oslo
Norwegian state-controlled oil company StatoilHydro ASA on Thursday temporarily shut down its Kristin natural gas field after tests revealed problems with a new type of...
made popular Jan 8 2009
AP, Seoul
South Korea’s vehicle production fell in 2008 for the first time in seven years, manufacturers said Wednesday, as the global financial crisis shrunk demand.
made popular Jan 7 2009
AP, Havana
Cuba produced 70,400 tons of nickel in 2008, helping the industry surpass tourism as the communist-run island’s top source of revenue for the second consecutive...
made popular Jan 6 2009
AP, La Paz
President Evo Morales has acknowledged for the first time in his nearly three years in office that a portion of coca produced in Bolivia is used to make cocaine.
made popular Dec 28 2008
AP, Tokyo
Japan’s production of cars, trucks and buses marked its steepest drop in at least four decades in November, an industry group said Thursday, as the fallout from...
made popular Dec 25 2008
AP, Detroit
Chrysler says it will close all 30 of its manufacturing plants for a month starting Friday.
made popular Dec 17 2008
AP, Mumbai
India’s industrial production contracted for the first time in 15 years in October, the Ministry of Statistics said Friday, the latest gloomy economic news to...
made popular Dec 12 2008
AP, Bismarck
Production of oats in the United States is at its lowest level since Civil War days, but those who use the grain in breakfast cereal or animal feed aren’t...
made popular Dec 12 2008
AP, Bucharest
French-Romanian carmaker Dacia has announced it will keep its factory in Romania closed for a month, cut production, and make layoffs due to a sharp drop in car sales,...
made popular Dec 9 2008
AP, Stockholm
Swedish truckmaker Scania AB on Wednesday said it will halt its truck production in Europe for one month because of a drop in orders.
made popular Dec 3 2008
AP, Tehran
Iranian state TV is reporting that OPEC’s Secretary-General says a daily oil production cut of between 1 million and 1.5 million barrels is likely in December.
made popular Dec 1 2008
AP, San Juan
Jamaica’s government plans to hire 150 scientists to help farmers boost output, more than tripling its agronomy staff by 2010.
made popular Nov 30 2008
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