Tag Archives: factory

Wall Street extends winning streak, euro slips

By Richard Leong NEW YORK (Reuters) – U.S. stocks scaled record highs on Wednesday as weak data reinforced expectations that stimulative central bank policies would continue, while evidence that Europe was stuck in recession pushed the euro to a six-week low against the dollar. U.S Continue reading

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Woman rescued from Bangladesh rubble recovering

SAVAR, Bangladesh (AP) — A seamstress who survived 17 days before being rescued from a collapsed garment factory building outside of Bangladesh's capital was panicked, dehydrated and suffering from insomnia as she recovered in a hospital Saturday, but was in generally good condition, according to her doctors. Continue reading

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Bangladesh building-collapse toll tops 600

DHAKA, Bangladesh (AP) — More than 600 bodies have been recovered from the garment-factory building that collapsed well over a week ago, police said Sunday as the grim recovery work continued in one of the worst industrial accidents ever. Continue reading

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Bangladesh Factory Owners Arrested

Police in Bangladesh arrest two clothing factory owners based at the eight-storey building that collapsed killing 304 people. Continue reading

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South Korea wants talks with North to reopen joint industrial zone

SEOUL (Reuters) – South Korea said on Thursday it was proposing formal talks with North Korea to discuss restarting work at a joint factory zone located just north of the rivals' heavily armed border that was suspended in early April amid growing security tensions. The offer is the first formal proposal for direct talks by Seoul aimed at making a breakthrough in a deadlock over the Kaesong factory project, which was the last remaining channel open between the two Koreas until it was forced to close. Continue reading

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GE revenue beats expectations, calming nerves

By Ernest Scheyder (Reuters) – Strong sales to aviation and energy customers helped General Electric Co's first-quarter revenue beat Wall Street expectations on Friday, assuaging fears of a miss after a lukewarm report on March U.S. factory activity. The world's biggest maker of jet engines and electric turbines said revenue rose slightly to $35 billion (23 billion pounds), surpassing the $34.51 billion analysts had expected, according to Thomson Reuters I/B/E/S Continue reading

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Manufacturing sector expansion slows in March

The pace of expansion in the manufacturing sector unexpectedly slowed in March, according to an industry report released on Monday. Continue reading

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China Manufacturing Activity Improves

PEKING (dpa-AFX) – China’s factory activity improved further in March, official survey of the country’s manufacturing sector showed Monday. The purchasing managers’ index, that measures the perfor… Continue reading

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In Iraq, a tyrant was toppled – and then no one was in charge

Former Monitor Staff Photographer Andy Nelson covered the invasion of Iraq. Despite the excitement of the roll to Baghdad and the toppling of a regime, he saw troubling glimpses of Iraq’s future in his first days in the country. Below, he recalls stumbling across a factory to make improvised bombs with the Marines he was traveling with, and what that portended for the coming years Continue reading

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Audi on a roll: Automaker setting sales records

Audi dealers across the country are struggling to meet demand for many of their models, with U.S. officials pressing the factory back in Germany to up their allotment Continue reading

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