World news about “Industry” published by euronews.
Ti my shoes This tannery in Silla, Spain, has made its leather production greener and safer with a new technology developed as part of an EU-funded research… 03/02/2012
Weaker European economy pushed Philips to Q4 loss Philips swung to a net loss in the final three months of 2011. It blamed cuts in government budgets for reducing healthcare equipment sales and said a… 30/01/2012
New boss in latest Carrefour turnaround bid It is all change at Carrefour Europe’s largest retailer. Out goes Lars Olofsson, who failed to revive the French group’s ailing hypermarkets, and presided… 30/01/2012
Japan experiences first trade deficit since 1980 For the first time in more than 30 years Japan imported more than it exported. That annual trade deficit in 2011 came as the nuclear power shutdowns after… 25/01/2012
Oil refiner Petroplus brought down by debt Europe’s largest independent oil refiner, Petroplus, said it is filing for insolvency after failing to work out a deal with the banks to which it owes 1.4… 24/01/2012
Eurozone private sector downturn eases The downturn in the eurozone’s private sector economy has eased slightly. The latest surveys of companies’ purchasing managers showed an improvement in… 04/01/2012
China’s factory output falters Chinese factory activity shrank again in December according to a survey of company purchasing managers (PMI) carried out by HSBC. New export orders were… 30/12/2011
Thai floods hit Japanese factory output Japan’s factories cut output more than expected in November due to supply disruptions from flooding in Thailand. Industrial output fell 2.6 percent last… 28/12/2011
Greek output slumps, jobless near record highs More evidence of the collapse of Greek economy in the latest government data from Athens. In October industrial output and manufacturing production in… 08/12/2011
Slowdown in euro zone factories speeds up Manufacturing in the euro zone contracted at its fastest pace for two years last month. The latest survey showed factories were forced to cut their… 01/12/2011
Woodford to help with Olympus prosecution The British former boss of Olympus Corp. Michael Woodford has met with Japanese police and prosecutors, the first time he has been back in Japan since fleeing… 24/11/2011
Finmeccanica results warning Finmeccanica has lowered its full-year earnings forecast and is anticipating a loss of around 200 million euros before interest and taxes. Italy’s biggest… 15/11/2011
Euro zone factory data boosts recession fears There has been another indicator that the debt crisis is dragging the euro zone’s economy back into recession as the latest business surveys showed the… 02/11/2011
Novartis slashes jobs to cut costsNovartis is cutting 2,000 jobs in Switzerland and the United States to keep costs under control. That is in response to growing price pressures and the strong… 25/10/2011
Euro zone business activity shrinks further The euro zone’s private sector slipped further into decline in October. The latest business surveys show the bloc’s economy is now in serious danger of… 24/10/2011
ArcelorMittal to close two Belgian furnaces ArcelorMittal has told unions that it is permanently closing its two blast furnaces near the eastern Belgian city of Liege. One of those furnaces has not… 13/10/2011
Solidarity’s birth place now builds luxury yachts Poland’s Gdansk Shipyard — where once the Solidarity trade union movement fought to bring down the communist regime — is now a shadow of its former self and a… 07/09/2011
Falling orders stall factory activity worldwide Euro zone manufacturing activity contracted for the first time in almost two years in August. That confirms a global trend of faltering factory output as… 01/09/2011
Stronger yen hits Japan’s industrial output growth Japanese factory output rose less than forecast in July and companies surveyed by the government said they expect production to dip next month. That is… 31/08/2011
Euro zone services and manufacturing weaken The euro zone’s dominant service sector was effectively stagnant this month after two years of growth. A survey of purchasing managers measuring activity of… 23/08/2011
Gold Fields profit leaps Glittering results from Gold Fields, the world’s fourth-largest producer of the precious metal, as it reported a 15 percent rise in quarterly profit with… 11/08/2011
Revolutions hit TUI’s growth German tourism and shipping group TUI AG has abandoned its forecast for higher profits this year. It blamed a fall in travel bookings to North Africa… 11/08/2011
Euro zone factory growth stalls in July Manufacturing in the euro zone expanded in July at the weakest rate since the 2009 recession, adding to concerns over world economic growth. The latest… 01/08/2011
Euro zone May industrial output weak Euro zone industrial output rose in May, but by far less than expected. It was up by just 0.1 percent month-on-month and increased four percent compared… 13/07/2011
Bombardier to lay off half its UK train builders Canadian train maker Bombardier is cutting more than 1,400 jobs – nearly half the workforce – at its plant in Derby, in central England. The lay-offs come… 05/07/2011
Cyberspace and cinema on The Network In this edition of The Network Chris Burns and his guests look at how internet downloading is impacting the movie industry. The red-carpet galas may still… 26/05/2011
UK economic recovery feeble in first quarter Britain’s economy remained sluggish at the start at this year. GDP expanded by just 0.5 percent between January and March from the previous quarter… 27/04/2011
Pringles sold to Diamond Foods Procter & Gamble has sold its last remaining food brand – Pringles – freeing up the household products company to focus on its cosmetics and healthcare units… 05/04/2011
Rosneft blocked deal bad news for BP’s Dudley BP boss’ Bob Dudley has been criticised by some oil industry analysts for entering into an Arctic exploration deal with state-controlled Russian energy group… 25/03/2011
Saab CEO retires as Spyker issues shares Saab’s chief executive, Jan Ake Jonsson, has announced he is retiring. At the same time Spyker Cars, which bought Saab last year from General Motors said it… 25/03/2011
Still a long way from business as usual in Japan With more than one week having passed since Japan’s devastating earthquake and tsunami the country’s carmakers and technology firms have been struggling to… 21/03/2011
Workers of garment manufacturers demonstrate in New DelhiThousands of Indian garment manufacturer workers on Tuesday protested in New Delhi against the imposition of 10 percent excise duty on the industry in the… 15/03/2011
China accelerates in Europe New motorways in Poland, co-financed by the EU, are being built by Chinese companies. Outraged European industry groups accuse China of competing unfairly… 10/02/2011
Morocco cleans up one of its oldest industries Tanning is an ancient art in Morocco, but it pollutes the environment heavily. Chouara is part of this tradition. It is one of the three tanneries in Medina… 07/09/2010
Fatal accident at South Wales coal mineThree coal miners have been found dead after an underground accident in South Wales. A rescue operation is under way to reach one more mine worker who has… 16/09/2011
Fracking: let’s think before we drillFracking is being hailed by its supporters as a clean solution to our energy needs. Its critics say it is just a chance to make big bucks at the expense of… 10/05/2011
Renault spies not spies after allFrench carmaker Renault has formally apologised to three executives accused of industrial espionage after the Paris prosecutor said no evidence had emerged… 14/03/2011
Daewoo gets big order for bigger shipSouth Korea’s Daewoo Shipbuilding has received an order for 10 vessels from Maersk, the world’s biggest container shipping company, with an option for another… 21/02/2011
ThyssenKrupp Americas plants overrunning costsThyssenKrupp has warned that startup costs at its new steel plants in Brazil and the United States would be several hundred million euros more than… 11/02/2011
More mergers anticipated after Nippon-SumitomoFrom Japan comes word that Nippon Steel Corporation and Sumitomo Metal Industries are to merge to create the world’s second largest steelmaker. Shares of… 04/02/2011
European manufacturing activity acceleratesManufacturing activity in the euro zone accelerated more than previously thought in January, indicating the sector is regaining momentum across most of the… 01/02/2011
Boeing again delays Dreamliner deliveryBoeing has announced that it is delaying the first delivery of the 787 Dreamliner after an electrical fire on a test flight in November. The first aircraft… 18/01/2011
Airbus beats Boeing for 2010 plane salesEuropean planemaker Airbus has scored a surprise victory in the annual orders race against Boeing. The guest of honour at the company’s news conference… 17/01/2011
Airbus lands historic orderAirbus has won the world’s biggest ever commercial aircraft order – 180 planes for Indian low cost airline IndiGo. Most are for an upgraded versions of… 12/01/2011
German pork now feared dioxin-taintedGermany’s dioxin contaminated eggs scandal has spread to pork, and could also concern poultry, as well as cow’s milk. More than 4,700 German farms were closed… 11/01/2011
Euro zone sentiment data shows divergenceEuro zone economic sentiment jumped to its highest level in 38 months in December according to a regular survey of businesses and consumers by the European… 06/01/2011
Italy’s economy remains lacklustreItaly’s economy grew 0.3 percent in the third quarter compared to the second quarter of the year. That was slightly stronger than had been earlier estimated… 10/12/2010
GM unveils its new electric hybridThe first of General Motors’ new battery-powered car, the Chevy Volt, has rolled off the production line. The company is to hire 1,000 engineers in a bid to… 01/12/2010
Airbus to upgrade A320 enginesAirbus is to upgrade its A320 planes with new engines it says will provide airlines with 15 percent cuts in their fuel costs. The France-based planemaker… 01/12/2010
Abu Dhabi unveils industrial free zoneLooking to diversify for when the oil runs out, Abu Dhabi has launched the largest industrial free zone in the United Arab Emirates. Located between Abu… 16/11/2010
Rolls-Royce identifies A380 engine faultInvestors seem to have been comforted by soothing words from Rolls-Royce about problems with its engines used on the Airbus A380 superjumbo. Rolls-Royce… 12/11/2010
Siemens upbeat on growthSignalling its confidence in the future, Siemens is sharply raising its dividend to shareholders. Europe’s biggest engineering company announced a surge in… 11/11/2010
Euro zone manufacturing rises unevenlyFactories in the euro zone boosted their output in October at a faster pace than previously estimated. The revised Markit Manufacturing Purchasing Managers… 02/11/2010
ArcelorMittal sees steel slowdown continuingArcelorMittal says demand for steel will remain muted through to the end of the year. Announcing third quarter core profit that was in line with market… 26/10/2010
Fiat boss criticism sparks outrageThe boss of Fiat, Sergio Marchionne, has sparked outrage by saying the carmaker would perform better without its loss-making Italian plants. Interviewed on… 25/10/2010
Strong industrial orders in euro zoneNew industrial orders in the euro zone rose much more strongly than expected in monthly terms in August rising 5.3 percent from July. They also registered… 25/10/2010
Nokia to cut 1,800 jobsFinland’s Nokia managed much better than expected results with a return to net profit of almost 529 million euros in the third quarter. At the same time… 21/10/2010
Hungarian toxic plant to reopenThe alumina plant at the heart of Hungary’s worst ecological disaster is to restart production tomorrow, but it will remain under state control for two… 14/10/2010
Euro zone industrial production upEuro zone industrial production was stronger than expected in August and July’s figure was revised upwards slightly. The EU’s statistics agency Eurostat… 13/10/2010
Kazakhstan: the new energy frontierAstana has become the capital of the energy industry, gathering together the most influential players in the oil-gas-uranium-solar market of Central… 08/10/2010
Siemens to build Eurostar trainsGerman industrial group Siemens has won the contract to supply 10 next-generation high-speed trains to Eurostar for its service through the Channel Tunnel… 07/10/2010
Audi to expand Hungary plantGerman carmaker Audi is to invest 900 million euros to expand its Hungarian manufacturing plant. It will make 125,000 vehicles a year once production starts… 23/09/2010
Made In Dagenham premieres in LondonMade In Dagenham, a dramatised re-telling of a group of women’s fight for equal pay at the Ford car factory in 1968, has just premiered in London. 23/09/2010
Volvo puts the hammer down as sales jumpSwedish truckmaker Volvo has seen deliveries soar by 62 percent year-on-year last month. The world number two saw sales rise by 94 percent in Europe and by 56… 15/09/2010
Jobs in a changing EuropeMajor factory closures or relocations and layoffs in a particular region or a specific industry are what the European Globalisation Adjustment Fund was set up… 31/08/2010
Russia recovery revs up car sales forecastsAs the Moscow Motor Show opened, a revival in sales in Russia has car makers revving up their growth forecasts for the year. Russia’s car market is fast… 25/08/2010
China rallies its stressed work forceYoung workers at the forefront of China’s economic boom are being encouraged to attend morale boosting rallies following a string of suicides. Clad in pink… 19/08/2010
GM steers closer to China’s SAICGeneral Motors is deepening its ties with Chinese car-maker SAIC. They announced in Shanghai that they will work together on developing small vehicle… 18/08/2010
ThyssenKrupp steels itself for price swingsThyssenKrupp, said robust demand from the car and engineering sectors meant it was able to post better than expected results. Germany’s top steelmaker also… 13/08/2010
Euro zone industry output slipsEuro zone industrial production declined in June, falling sharply in France and Germany. Output in the 16 countries using the euro fell 0.1 percent… 12/08/2010
Chinese output growth slowsGrowth in Chinese investment and factory output slowed further last month as the government cut back lending to normal levels. It was boosted last year to… 11/08/2010
Fiat on track for higher profitFiat’s shares shot up on a higher than expected second quarter trading profit and it said it may raise its profit targets later this year. The Italian… 21/07/2010
European car sales slumpEuropean car sales fell in June for the third straight month as the artificial boost from scrapping schemes across the continent faded. New registrations in… 15/07/2010
EU executive seeks to slash cost of patentsThe European Commission want to reduce the costs involved in registering patents in Europe in order to encourage innovation and research by the region’s… 12/07/2010
EU Commission may take over oil industry oversightThe Deepwater oil disaster in the Gulf of Mexico has sent a ripple effect across the Atlantic, where the European Union Energy Commissioner Günter Oettinger… 07/07/2010
Recovery boosts Volvo truck salesVolvo’s shipments of trucks were up by 44 percent in May compared with the same month last year. The world’s second biggest lorry maker said the increase… 16/06/2010
Euro zone industrial production surgesEuro zone industrial output surged in April by a record 9.5 percent year-on-year. That is more than in any month since the creation of the euro zone at the… 14/06/2010
Euro zone industrial orders race aheadNew industrial orders in the euro zone rose at their fastest rate in 10 years in March. They jumped 5.2 percent month-on-month and were up almost 19.8… 25/05/2010
UK manufacturing growsManufacturing activity in Britain grew last month at its fastest pace in more than 15 years. A survey of purchasing managers showed a surge in new orders… 04/05/2010
Euro zone industrial output perks upIndustrial output in the euro zone rose much more than expected in February boosting hopes that economic recovery is gaining momentum. The European Union… 14/04/2010
EADS could pick L-3 for air tanker bidEADS is likely to choose the New York based firm L-3 Communications as its partner if it does go ahead with a bid to supply the US military with aerial… 07/04/2010
European manufacturing activity risesThere have been more signs that the economic recovery in Europe is gathered pace. As production was cranked up last month, manufacturing activity in the… 01/04/2010
Airlines climbing further to recoveryThe recovery in the airline industry has taken off, with further increases in passenger numbers and freight traffic. The association representing the… 30/03/2010
Eurozone manufacturing activity on the increaseLatest research shows Eurozone manufacturing activity grew at its fastest rate since 2006, while the dominant service sector expanded at its quickest rate in… 24/03/2010
Manufacturing morale is on the up in FranceLatest figures show morale in France’s manufacturing sector is the highest it has been for 19 months. Doubts over future output and foreign orders seem to… 23/03/2010
Euro zone industrial production surprisesMore signs have emerged that the economic recovery is on course as industrial output in the euro zone soared in January; it recorded its biggest monthly… 12/03/2010
Russia starts car scrappage schemeA scrappage scheme has started in Russia to try to boost new car sales. The government is offering 200,000 vouchers – each worth 1,200 euros – to people… 08/03/2010
Sweden back in recessionSweden’s economy unexpectedly slid back into recession in the fourth quarter. The figures caused the Swedish currency, the crown, to fall. They also… 01/03/2010
Euro zone factory growth risesManufacturing activity in the euro zone grew slightly faster than previously thought in February according to a survey of manufacturing purchasing managers in… 01/03/2010
Euro zone manufacturing boostThe euro zone’s manufacturing sector enjoyed its best month in two and a half years in February. The survey of purchasing managers showed Germany was a… 19/02/2010
Michelin vigilant as profits slumpFrench tyre manufacturer Michelin said it was extremely vigilant because of low market visibility and rising raw material prices. The group has been hit by… 12/02/2010
ArcelorMittal performance warningArcelorMittal has warned investors that it will not perform as well as had been expected in the first quarter of this year. The world’s top steelmaker… 10/02/2010
Turkish industrial production surgesThe recovery is starting to pick up in Turkey. Industrial production there increased by just over 25 percent in December, compared with the same month a year… 08/02/2010
Toy industry descends on NurembergThe world’s biggest toy fair is underway in the southern German city of Nuremberg. Around 75,000 trade visitors are expected to attend to check out 2,600… 03/02/2010
Rusal shares fall on launchShares in Russian Aluminium group Rusal have fallen heavily on their launch on the Hong Kong stock exchange. The 2.2 billion dollar IPO was undermined by… 27/01/2010
Car sale distortion continuesGovernment subsidised scrapping schemes continued to distort the European new car market. The industry association figures for December were up 16 percent… 15/01/2010
Japan’s industrial output risesJapanese industrial output rose for the ninth consecutive month in November, driven by strong exports and government stimulus money. Demand from the US and… 28/12/2009
Airlines to lose billions more in 2010The world’s airlines are likely to lose 3.8 billion euros next year, more than previously estimated, according to the latest forecast from industry group… 15/12/2009
Euro zone figures underscore fragile recoveryEuro zone industrial output fell in October. It was down 0.6 percent from the previous month and 11.1 percent lower year-on-year. The cause was mainly… 14/12/2009
Russian aluminium giant secures debt restructuringRussian aluminium giant UC Rusal has reached agreement with creditors in Russia’s biggest ever debt restructuring, allowing the cash-strapped company to raise… 02/12/2009
