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BBC - Politics

Hancock ‘worried’ over Leicester factory practices

BBC
Media playback is unsupported on your device Media captionMatt Hancock said infections in Leicester were “three times the rate of the next highest city” Matt Hancock has said he is concerned about poor social distancing in some clothing factories in Leicester, which is under local lockdown. Speaking on the BBC’s......
New York Post

Blasts at Turkish fireworks factory kill two, injure 73

NYPost
ISTANBUL — A series of large explosions shook a fireworks factory in northwest Turkey’s Sakarya province on Friday, killing two people and wounding 73, Health Minister Fahrettin Koca said. Fire crews fought to contain the blaze ignited by an initial blast at 11:15 a.m. in the province’s Hendek district, Turkey’s......
CNBC Business

China says its factory activity expanded in June

CNBC
CNBC – For more and to sign up click here A worker welding truck parts at a factory in Weihai, China, October 18, 2018. STR | AFP | Getty Images China on Tuesday said manufacturing activity expanded in June with the official Purchasing Manager’s Index coming in at 50.9. Economists polled......
BBC World

Coronavirus outbreaks in city and at meat factory

BBC
Image caption Leicester City Council’s director of public health said lockdown rules had been relaxed but there was still a risk of infection Coronavirus outbreaks have been reported in Leicester and at a meat processing plant in Yorkshire. About 25% of Leicester’s 2,494 confirmed Covid-19 cases were reported in the......
CNBC Business

One of the world’s best restaurants has opened a chocolate factory connected to a luxury hotel

CNBC
CNBC – For more and to sign up click here Spanish fine-dining powerhouse El Celler de Can Roca was twice named the “World’s Best Restaurant” by Restaurant Magazine. Not to mention the three Michelin stars that it has maintained since 2009. While the restaurant’s closure due to the coronavirus pandemic......
CNBC Business

Tesla safety boss tries to calm factory workers, some are concerned about lax coronavirus precautions

CNBC
CNBC – For more and to sign up click here Tesla’s safety leader Laurie Shelby sent an e-mail to employees who work at its Fremont, California, vehicle assembly plant on Thursday to assuage their concerns about new infections among employees. However, some employees say that despite Shelby’s email, they remain......
Reuters - Business

China factory gate deflation deepens on global demand slump

Reuters
BEIJING (Reuters) – China’s producer prices fell by the sharpest rate in more than four years, underscoring pressure on the manufacturing sector as the COVID-19 pandemic reduces trade flows and global demand. FILE PHOTO: An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang......
Reuters - Business

TSMC says planned U.S. factory in line with company’s interests

Reuters
FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. REUTERS/Tyrone Siu/File Photo HSINCHU, Taiwan (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd’s (2330.TW) planned factory in the United States is “definitely in line with” the company’s interests, Chairman Mark......
BBC - Business

Nissan says UK factory under no-deal Brexit threat

BBC
https://www.bbc.co.uk/news/business-52900528 Media playback is unsupported on your device Media captionNissan’s Sunderland plant is “unsustainable” without a Brexit trade deal, said Ashwani Gupta. The UK’s largest car manufacturing plant is “unsustainable” if the UK leaves the European Union without a trade deal, owner Nissan says. The Japanese company’s global chief operating......
Reuters - Business

Asia’s factory pain worsens as China’s recovery fails to lift demand

Reuters
TOKYO (Reuters) – Asia’s factory pain deepened in May as the slump in global trade caused by the coronavirus pandemic worsened, with export powerhouses Japan and South Korea suffering the sharpest declines in business activity in more than a decade. FILE PHOTO: Employees wearing protective face masks and face guards......
BBC USA

Zambia probes Chinese factory murders

BBC
Image copyright ZNBC Image caption The clothing factory’s warehouse was gutted in the fire Police in Zambia have arrested three people suspected of murdering three Chinese nationals, dragging the bodies into a factory and setting it alight. Home Affairs Minister Stephen Kampyongo has promised a full investigation into Sunday’s “barbaric”......
Reuters - Business

Investing in Spanish Nissan factory cheaper than closing it: Spanish official

Reuters
(Reuters) – Nissan Motor (7201.T) would find it cheaper to invest in its Barcelona factory than to close it, a senior Spanish industry ministry official said on Monday, pegging the estimated cost of a shutdown at more than 1 billion euros ($1.1 billion). FILE PHOTO: A Nissan logo is pictured......
BBC - Business

City mustard factory closing down after 160 years

BBC
https://www.bbc.co.uk/news/uk-england-norfolk-52772491 Image copyright Unilever Image caption Unilver has shared images from the factory’s 160-year history in Norwich The Colman’s Mustard plant in Norwich is set to close its doors for the final time later. The last remaining employees will leave the site in Carrow on Friday evening, bringing to an......
CNBC Business

Trump told to wear coronavirus mask for upcoming Ford ventilator factory visit, but it’s not clear he will

CNBC
CNBC – For more and to sign up click here President Donald Trump tours a Honeywell International Inc. factory producing N95 masks during his first trip since widespread COVID-19 related lockdowns went into effect May 5, 2020, in Phoenix, Arizona. Brendan Smialowski | AFP | Getty Images Ford Motor Company said......
Reuters - Business

Taiwan’s TSMC announces $12 billion U.S. chip factory

Reuters
(Reuters) – Taiwan Semiconductor Manufacturing Co Ltd, a major supplier to Apple Inc, announced on Friday it will build a $12 billion chip factory in Arizona, in what the company called a “strong partnership” with the U.S. government. FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen......
Reuters - Business

Taiwan’s TSMC announces plan to build $12 billion U.S. factory

Reuters
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd, the world’s biggest contract manufacturer of computer chips, on Friday announced plans to build an approximately $12 billion advanced chip factory in Arizona. The plant will create as many as 1,600 jobs and produce the most sophisticated 5 nanometer chips, TSMC said......
New York Times - World

Tesla, Defying Local Order, Plans to Restart Factory: Live Business Updates

New York Times
New York Times – For more and to sign up click here Elon Musk says Tesla is restarting production despite a county order. Elon Musk, Tesla’s chief executive, said Monday that the electric-car company was resuming production at its assembly plant in Fremont, Calif., even though it had not yet......

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