Browsing: exports
German Fortune 500 companies have announced over 60,000 layoffs this year, but the biggest employee cull is still to come
German companies in the Fortune 500 Europe have announced over 60,000 layoffs this year, in a sign of the country’s…
Take the i3, audacious in design and popular over the 11 years of its manufacture, selling a quarter of a…
Economists expect Chinese exports to reach a historical high this year as customers rush to front-load orders given President-elect Donald…
German giant Bosch becomes latest firm to give employees unwanted 4 day week as economy falters
German car supplying giant Robert Bosch has become the latest company in the country to feel the strain of Germany’s…
LVMH’s Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting on home turf
Hundreds of employees of French cognac maker Hennessy, part of the LVMH group luxury empire, went on strike on Tuesday…
Dockworkers’ union to suspend strike until 2025 to allow time to negotiate new contract: source
The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend a…
China’s August exports grow faster than expected as Beijing tries to rev up its stumbling economy
China’s exports grew for a fifth consecutive month, in a sign of growing demand abroad even as imports fell amid…
China’s domestic auto sales tumbled in July but exports jumped 20% as EV makers turned focus abroad
Auto sales in China faltered in July, slipping 5% from a year earlier, the China Passenger Car Association said Friday,…
Chicken feet, a key Chinese dim sum menu item, is at risk because Brazil has stopped exporting chickens to China
They’re ubiquitous on dim sum restaurant menus, and a popular street food snack, but a surge in chicken feet prices…
China’s factory slowdown continues as new export orders falter after EU and U.S. announce plans to increase EV tariffs
Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking…