Latest in Steel Maker Thyssenkrupp
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Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.Business - The New York Times - Yesterday -
Thyssenkrupp Steel to Cut 11,000 Jobs
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.Business - The Wall Street Journal - Yesterday -
‘Incompetent’ FCA slammed by MPs
Report calls for overhaul of UK regulator after three-year probe heard from whistleblowers and former staffBusiness - Financial Times - Yesterday -
Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
Division to shed 11,000 roles amid oversupply in Europe and rise in cheap Asian importsBusiness - Financial Times - Yesterday -
At least 12 dead in Mexico steel plant explosion
An explosion at a Simec-owned steel plant in Mexico’s central Tlaxcala state in the early hours of Wednesday killed at least 12 people, state authorities said.Top stories - NBC News - October 30 -
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Thyssenkrupp Targets Profit Return After Posting Narrowed Net Loss
The industrial group forecasts net profit of between €100 million and €500 million for fiscal 2025 on sales growth of 3% at best.Business - The Wall Street Journal - November 19 -
The Lei Makers Reimagining an Ancient Tradition
A new generation of floral designers is incorporating fresh styles into their creations.Top stories - The New York Times - November 12 -
12 dead and 1 injured in explosion at steel plant in central Mexico
Twelve people have died in a fire at a steel plant in central MexicoWorld - ABC News - October 30 -
UK holds talks with China’s Jingye to avert closure of British Steel plants
Support package drawn from £2.5bn war chest being prepared to try and keep Scunthorpe site openBusiness - Financial Times - November 9 -
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Snowstorms, steel and a celebrity deer: Gregory Halpern goes home – in pictures
The acclaimed photographer spent two decades photographing his hometown of Buffalo, New York – capturing its ‘quiet resilience and strange beauty’. Continue reading...World - The Guardian - November 14 -
California House Race Between Steel and Tran Is Closest in the Nation
The closest House race in the nation is in Southern California, where Representative Michelle Steel is trailing her challenger, Derek Tran, by a tiny margin after nearly 310,000 votes have been ...Top stories - The New York Times - November 20 -
Steele blasts Trump's return to White House as opening 'Pandora's box of hell'
Former Republican National Committee (RNC) Chair Michael Steele compared President-elect Trump’s return to the White House to opening “Pandora’s box of hell” on Tuesday. “He can’t be an American ...Politics - The Hill - 9 hours ago -
Germany's Thyssenkrupp pops 10% after narrowing net loss and booking $1 billion impairment charge
Thyssenkrupp on Tuesday reported a 1-billion-euro ($1 billion) impairment on its struggling steel division.Business - CNBC - November 19 -
Florida medical device maker Exactech declares bankruptcy
Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.Top stories - CBS News - October 29 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Aspinall, McGregor & the 'dream-makers' - welcome to Cage Warriors
From Tom Aspinall to Conor McGregor, Cage Warriors has a rich history of producing MMA stars. BBC Sport visits a show in Manchester to discover why.Top stories - BBC News - November 2 -
Best 5 Soda Makers for Sparkling Water (2024)
These are the best bubblers we've found for fresh carbonation at a moment's notice.Tech - Wired - November 2 -
World’s largest transformer maker warns of supply crunch
AI data centre demands and renewable energy’s dispersed nature are driving equipment orders for power grid upgradesBusiness - Financial Times - November 3 -
Zelda's makers reflect on the princess's first big adventure
Echoes of Wisdom was the first adventure for the princess at the heart of one of Nintendo's biggest series.Top stories - BBC News - November 12 -
China’s smartphone makers head upmarket in European push
Realme, Oppo and Honor are looking to challenge Samsung and Apple on the continent with fancier handsetsWorld - Financial Times - November 17 -
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A Code Maker Cracks the Code of the Art World
Ouattara Watts stayed under the radar for the last few decades. He’s back with a show at Karma Gallery and the Currier Museum of Art in New Hampshire.Top stories - The New York Times - 5 days ago -
Phone Maker Xiaomi Made the Car That Apple Couldn't
Great build, deeply integrated tech, and unrivaled connectivity—with its very first EV, Xiaomi is already showing the likes of Ford and Volvo where they’re going wrong, and what Apple could have done.Tech - Wired - 20 hours ago -
Biden gives $6.6B conditional loan to EV-maker
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden gives $6.6B conditional loan to EV-maker The Biden administration has preliminarily said ...Politics - The Hill - 11 hours ago -
Grupo Simec Steel-Plant Explosion Leaves at Least 12 Workers Dead in Mexico
An explosion and fire at a steel plant operated by Grupo Simec in central Mexico left at least 12 workers dead and another injured.World - The Wall Street Journal - October 30 -
Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans
Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK businessBusiness - Financial Times - November 15 -
IV fluid maker says expiration date extensions approved
North Carolina hospitals reeling from Hurricane Helene may soon get some relief from a critical IV fluid shortage. The Food and Drug Administration approved changing the expiration date on ...Politics - The Hill - October 29 -
Japanese lift maker Fujitec explores sale to private equity
Talks with multiple groups including Sweden’s EQT have taken place in recent monthsWorld - Financial Times - October 30 -
Cuzen Electric Matcha Maker Review: Great Tea but a Lazy Design
This kitchen gadget provides a way to brew incredibly fresh matcha, but it's really just a glorified tea leaf grinder.Tech - Wired - October 30 -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - October 31 -
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.Business - CNBC - October 31 -
This Electric Aircraft-Maker Just Landed a $318 Million Investment
Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.Business - Inc. - November 1 -
UK bike-makers hope quality will steer them round market potholes
Niche manufacturers from Moulton to Atherton follow low-volume, high-price strategy amid wider industry crisisWorld - Financial Times - November 2