Industrials

The role of corporate boards has never been more important, nor subject to as much scrutiny, as it is today. The technological, environmental, geopolitical, and socioeconomic transformations of the past two decades are driving a re-examination...

For many firms in emerging and developing economies, emulating the success of the likes of Samsung and Hyundai may seem like an impossible dream. But the rapid economic growth of Japan, South Korea, and other Asian...

For a half-century, American corporations (and many others around the world) have embraced shareholder primacy, which holds that the only responsibility of business is to maximize profits. But this principle is now being challenged by corporate...

Cyrus Mistry, who has been embroiled in a legal battle with Tata Group since being ousted in 2016, won backing from a tribunal to be reinstated as executive chairman of its holding company, Reuters reports, citing...

Telenor reiterated on Sunday that Huawei will be involved in building Norway’s 5G network along with Ericsson, one of several companies to continue working with the Chinese firm despite US pressure, Reuters reports. Huawei, with which...

Ping An Insurance’s fintech unit OneConnect Financial Technology on Wednesday downsized its planned US initial public offering by 28 percent and lowered its target valuation, Reuters reports. OneConnect set a US$9-10 price range for its offering,...

Tighter government climate regulations by 2025 could wipe up to US$2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned, Reuters reports. Any...

China’s factory activity unexpectedly expanded at the quickest pace in almost three years in November, with solid increases in output and new orders, a private business survey showed on Monday. But business confidence slipped and companies...

Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union have reached a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France’s Groupe PSA, Reuters...

United Auto Workers president Gary Jones resigned on Wednesday shortly after the union moved to remove him from office amid a widening corruption probe from US prosecutors, a union source told Reuters. Jones’ lawyer Bruce Maffeo...

China has unveiled plans for a nationwide safety crackdown on its chemical industry following an investigation into a deadly factory blast that killed 78 people and injured dozens more in March, Reuters reports. The explosion, at...

Hong Kong has dipped into recession but the housing market remains firm; this is probably one of the biggest anomalies in the market. Similarly in China, though economic growth is slowing, the real estate climate index compiled...

China’s Jingye Group said on Monday it is in talks to buy British Steel in a deal estimated to be worth about 70 million pounds (US$90 million) that could help protect thousands of British jobs and...

Siemens chief executive Joe Kaeser lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk. “Amusing opinions in...

China’s factory activity unexpectedly expanded at the fastest pace in well over two years in October as new export orders rose and plants ramped up production, a private business survey showed on Friday. The Caixin/Markit Manufacturing...

The United Auto Workers (UAW) union said workers at General Motors Co. will stay off the job while they vote on a proposed contract that delivers higher pay for full-time workers and better terms for temporary...

The European Commission has opened an anti-dumping probe into hot-rolled stainless steel from China and Indonesia following complaints that the two Asian nations are flooding the European market with cheap, subsidized steel. Separately, the Commission said...

Chinese electric-vehicle maker NIO has seen its share price plunge by nearly 80 percent year-to-date after it was listed on the New York Stock Exchange in September last year. Once dubbed as China’s Tesla challenger, the...

The United Auto Workers (UAW) said its roughly 48,000 hourly workers at General Motors facilities would go on strike as of midnight on Sunday after US labor contract talks reached an impasse, the first nationwide strike...

For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the US and other overseas...