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Industrial

WATCH: Toyota tries to strike delicate balance in US-China trade war

May 21 2019 19:21

Toyota last month announced two deals in China that were small in size but large in strategic planning, as internal documents seen by Reuters show the automaker made careful strategic moves to keep the US on side in the midst of trade tensions.

Industrial

Boeing Max may be grounded in Indonesia beyond this year

May 21 2019 19:26

Indonesia has signalled it may ground Boeing's 737 Max until next year, underscoring the challenges faced by the US plane maker as it races to get its fastest-selling jet back in the air after two fatal crashes.

Industrial

WATCH: Harley shows off its all-electric bike as it fights off $100m in EU Tariffs

May 21 2019 18:20

Harley-Davidson is excited about its LiveWire electric motorcycle that allegedly can go zero to 60 mph in three seconds, even as it contends with retaliatory tariffs from the European Union, and the ire of President Trump.

Industrial

BP staff work from home as Greenpeace blockades London HQ

May 21 2019 05:00

BP is continuing normal operations as employees work from home after Greenpeace put up barriers on the entrances to its London headquarters.

Industrial

Aviation supports 6.2 million jobs in Africa

May 18 2019 18:45

The aviation industry supports $55.8bn of economic activity and 6.2 million jobs in Africa, according to the International Air Transport Association.

Industrial

WATCH: Driverless electric truck hits Swedish roads

May 16 2019 19:33

A driverless electric truck began daily freight deliveries on a public road in Sweden in what developer Einride and logistics customer DB Schenker described as a world first.

Industrial

WATCH: VW wins worker backing for restructuring with $1.1bn battery plan

May 16 2019 13:34

Volkswagen workers have backed a restructuring of the world's largest carmaker after CEO Herbert Diess pledged to spend $1.1bn on a new battery cell production plant near its headquarters.

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Industrial

Aspen poised to meet deadline for sale of its baby milk unit

May 15 2019 20:01

The Overseas Investment Office agreed in principle to allow French dairy company Lactalis International to buy the unit from Aspen, said the person, who asked not to be identified because the details aren’t yet public.

Economy

Some Transnet execs learnt of irregular contracts through media, state capture inquiry hears

May 15 2019 14:08

Mahommed Mahomedy told the state capture inquiry that a review of contracts by the new group's board uncovered a serious disregard for processes and management structures in the appointment of service providers.

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