Rolls Royce Engine

Rolls-Royce forced to cut more than 4,000 jobs in major reorganisation

Despite pre-tax profit turnaround over 2016, aerospace manufacturing giant says it must trim middle-management positions ICONIC British engineering firm Rolls-Royce is cutting 4,600 jobs over...
Trade War US vs EU

Trade war ‘almost inevitable’ as Trump’s steel tariffs start to bite

Countries line-up to target US products with their own retaliatory taxes. HAL WILLIAMS reports EUROPE, Canada and Mexico are girding their loins for a trade...
Steel Trade

EU steels itself for trade battle as 25 percent US tariffs take effect

THE EU – the world's second-largest steel producer after China – is preparing to confront US tariffs on steel imports due to come into...
Emirates Airbus A380

Emirates order keeps A380 in production

Giant airliner’s future had been under a cloud The Emirates airline has pulled the Airbus A380 back from an early grave with an order for...
ILO SCORE

SCORE-ing big! How a cooperative approach to improved work conditions in SMEs can increase...

Improving SMEs workplace practices can help them achieve better productivity. The ILO’s SCORE Training programme is helping companies in China improve work conditions, and...
Italy Pakistan Flags

Italy and Pakistan forge bilateral trade alliance

Business ties between Rome and Islamabad continue to strengthen as the two nations look to capitalise on their respective talents By Darren Parkin A TRADE deal...
World Bank Logo

Commodity prices likely to rise further in 2018: World Bank

Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl Oil prices are forecast to rise to $56 a barrel...
Kwon Oh-joon

Kwon Oh-joon named VP of World Steel Association

Posco chief being lined up to lead steelmaking through potentially turbulent years ahead… By Darren Parkin KWON Oh-joon, CEO of South Korean steel manufacturer Posco, has...
Bombardier C Series

Airbus strikes a deal with Bombardier

Just as the Canadian firm looked like it was being grounded by massive US tariffs, a European saviour with a long-term plan comes to...
Liliane Bettencourt

World’s richest woman dies

Obituary: Liliane Bettencourt: 1922 - 2017 Controversy and questionable politics were never far away to divert attention from some remarkable skill at leading an industry...