In India, Firozabad has depended on its glassmaking industry for centuries. Fuel prices are starting to shatter businesses already under pressure.
Category: Factories and Manufacturing
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‘City of Glass’ Is Under Threat From Iran War
The New York Times – Business: -
China’s Economy Starts to Show Cracks From Iran War
The New York Times – Business:China’s strategic reserves of oil and natural gas have insulated it somewhat, but its manufacturing-based economy is beginning to falter.
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The U.S. Started the War. The Rest of the World Is Feeling the Effects.
The New York Times – Business:In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
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Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows
The New York Times – Business:A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
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Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows
The New York Times – Business:A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
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Pentagon Seeks Help From Ford and G.M.
The New York Times – Business:Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
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Detroit Aims to Become Center of U.S. Drone Manufacturing
The New York Times – Business:The state, known for making cars, is spending millions to entice drone manufacturers that can bring new business to auto suppliers.
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Middle East War Triggers Higher Prices in China
The New York Times – Business:Three and a half years of deflationary pressure on Chinese factories reversed course last month as higher energy prices cycled into the economy.
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Volkswagen to End E.V. Production at Tennessee Plant
The New York Times – Business:The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
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White House Secures Foreign Steel for Ballroom Project
The New York Times – Business:ArcelorMittal, a European steel maker, is donating tens of millions of dollars of foreign steel for President Trump’s new ballroom.
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Blue Collar Work Has Plateaued, Narrowing Options for Young Workers
The New York Times – Business:Skilled electricians, plumbers and factory workers are in demand, but job openings have dropped.
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Iran War Showcases Strength of South Korean Defense Sector
The New York Times – Business:Missile interceptors made by the South Korean firm LIG Nex1 are said to be performing well, at a small fraction of the cost of U.S. interceptors.