World / Machine-Building Industry
Factory orders drop more than expected in October
04.12.2008 08:06
washingtonpost.com
WASHINGTON -- Orders to U.S. factories plunged in October by the sharpest amount in over eight years as a deepening recession caused big cutbacks in demand for steel, autos, computers and heavy machinery. Analysts expect the weakness will continue for some time.
USA
Machine-Building Industry
Toyota, Honda feel pinch of global slump at home
04.12.2008 06:16
washingtonpost.com
TOKYO -- Toyota and Honda are starting to feel the pinch of the global slowdown at home.
USA
Machine-Building Industry
France unveils euro26 billion stimulus plan
04.12.2008 06:16
washingtonpost.com
DOUAI, France -- French President Nicolas Sarkozy said Thursday he plans to spend his way out of recession with a euro26 billion ($33 billion) stimulus plan designed to boost growth by 0.6 percentage points in 2009.
USA
Machine-Building Industry
As Hearings Resume, UAW Offers Concessions
04.12.2008 04:11
washingtonpost.com
With new union concessions on the table and plans they say will restore the U.S. auto industry to viability, chief executives of the Big Three Detroit car makers return to Capitol Hill today for two days of Congressional hearings that could prove critical in their quest for tens of billions of dollars in help from taxpayers.
USA
Machine-Building Industry
Automakers back to try to sell Congress on rescue
04.12.2008 04:10
washingtonpost.com
WASHINGTON -- U.S. automakers are returning to Congress for high-stakes hearings they hope will persuade skeptical lawmakers to save their troubled industry with $34 billion in emergency aid, but a top Senate Democrat wants to hand their problem to the Federal Reserve.
USA
Machine-Building Industry
Thailand restores international air links
04.12.2008 00:10
washingtonpost.com
BANGKOK, Thailand -- Thailand's battered political parties tried to find a replacement for the ousted prime minister as airport authorities hurried Thursday to restore international air links severed by protesters who occupied Bangkok's two airports for a week.
USA
Machine-Building Industry
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