Showing 1 - 10 of 27
Mongolia completes rail crossing with China to boost coal exports
AFP, Published on 12/09/2022
» ULAANBAATAR: Mongolia has launched a rail line that could help boost coal exports to China to 50 million tonnes a year, the country's president said, ending a decade-long wait for the crossing.
High-flying tech giants buffeted by turbulent times, earnings show
AFP, Published on 29/04/2022
» SAN FRANCISCO: Tech giants that saw good times during the pandemic are dealing with a "hangover" compounded by inflation and the war in Ukraine, analysts have said after earnings released this week.
Toyota overtakes GM to lead US auto sales for 2021
AFP, Published on 05/01/2022
» NEW YORK - Japanese carmaker Toyota led US automobile sales in 2021, according to figures released Tuesday, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry.
Heavy load: supply chain woes strain US trucking
AFP, Published on 22/12/2021
» SUMMERVILLE, United States: It had been a challenging day on the road and Desi Wade was ready for dinner. But as he pulled into a truck stop, Wade encountered a familiar frustration in the overstressed industry.
Global economy rebounds, but for how long?
AFP, Published on 01/12/2021
» PARIS: The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply chain bottlenecks and a resurgent coronavirus have taken the shine off the comeback.
GM factory launch ushers in Detroit's EV pickup campaign
AFP, Published on 17/11/2021
» NEW YORK: General Motors takes a leap Wednesday towards its much-touted "all-EV" future when it officially opens its first electric pickup truck factory.
GM, Ford see semiconductor shortage lasting into 2022
AFP, Published on 28/10/2021
» NEW YORK: General Motors and Ford reported lower profits Wednesday as a global semiconductor crunch dented sales, prompting both US auto giants to caution that shortages would persist into 2022.
US port logjam brings early Christmas for importers
AFP, Published on 15/10/2021
» LOS ANGELES: Christmas came early -- June, to be precise -- at the port of Los Angeles, as American importers raced to get ahead of a pandemic-sparked logjam that has snarled global shipping.
Vietnam's lockdown ensnares world's clothing giants
AFP, Published on 29/09/2021
» HANOI: From shoes and sweaters to car parts and coffee, Vietnam's strict and lengthy coronavirus lockdown has sparked product shortages among worldwide brands such as Nike and Gap which have grown increasingly dependent on the Southeast Asian nation's manufacturers.
US charges Nikola founder with fraud
AFP, Published on 30/07/2021
» NEW YORK: US officials on Thursday charged Nikola founder and former executive chairman Trevor Milton with "brazenly" defrauding investors through a litany of false claims about the company's electric vehicles.