A new Peugeot family car that listed for $262,000 in Havana would cost $53,000 in the United Kingdom, for example, while a compact Kia Rio hatchback that starts at $13,600 in the United States was on offer for $42,000 in Cuba.
Systematic offloading of engineering services delivers dual benefits. It ensures seamless transition to higher value added service and locks up the cost advantages emanating from an outsourcing program for a longer period of time.
Samsung said Tuesday an external audit found labor violations at dozens of its suppliers in China including failure to provide safety gear and excessive working hours.
Five countries account for the production of 60 percent of all light vehicles worldwide. China produced a stunning 20.9 million vehicles in 2013.
The German government is ending a contract with Verizon over fears the company could be letting U.S. intelligence agencies eavesdrop on sensitive communications, officials said Thursday.
Companies are taking advantage of new ways to export oil from the U.S. despite government restrictions, and in the process helping the U.S. become an ever bigger exporter of petroleum on the world stage.
A senior U.S. official says China's coercive efforts to enforce its territorial claims in disputed waters are not just raising tensions but damaging its international standing.
Japan is likely to adopt the Boeing 777-300ER as its new government aircraft to be used for overseas trips by the prime minister and imperial family members, government sources said Wednesday.
Japanese Prime Minister Shinzo Abe formally announced Tuesday an outline of his long-awaited growth strategy, a slew of reforms meant to revitalize the economy and restore its global competitiveness.
Tobacco companies have largely snubbed an Indonesian law requiring them to put graphic health warnings on all cigarette packs, in another setback for anti-smoking efforts in a country that's home to the world's highest rate of male smokers and a wild, wild west of advertising.
The bank's existence is fast emerging as a flashpoint in the internal Republican struggle between the business-backed establishment and tea party groups.
Prime Minister Tony Abbott reintroduced legislation to the Australian Parliament on Monday that would repeal a carbon tax that the nation's worst greenhouse gas polluters have to pay.
Factory activity in China expanded in June for the first time this year, according to an HSBC report Monday, adding to signs that the slowdown in the No. 2 economy is stabilizing as recent micro boosting measures take hold.
In this issue of IMPO, we investigate the current state of manufacturing in the U.S. and abroad, and we explore technological advancements in infrared applications and conveyor systems.
Jamaica hopes to kick-start a local bamboo industry as the tropical plant becomes more common in flooring, furniture and household accessories.
The Dublin-based drugmaker Shire said Friday it has rejected an unsolicited $46.2 billion offer from AbbVie Inc., arguing that it fundamentally undervalues the company and its prospects.
Alstom SA's chief executive says the French heavy engineering firm's agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect France's national interests.
After decades of siphoning jobs from the United States, China is creating some. Chinese companies invested a record $14 billion in the United States last year.
Stable consumer-driven spending and a strong forecast for business investment bode well for the manufacturing sector, according to the Manufacturers Alliance for Productivity and Innovation.
At EDS 2014, Dale Ford, vice president of IHS Technology, offered some eye-opening predictions, particularly for the consumer electronics market, in his presentation, “The Big Picture, Ideas, and Opportunities.”
Microsoft Corp. and four other large American technology companies are using a Manhattan court case to draw a line in the cloud, saying the U.S. government has no right to seize computer data stored outside the country.
An angry mob of Indian workers wielding iron rods and stones beat the CEO of a jute factory to death in a dispute over increasing their working hours, police said Monday after arresting six workers.
Those who seek to make food healthier by adding chia powder should avoid several recalled brands that are linked to salmonella illnesses, the Centers for Disease Control and Prevention says.
China's government announced plans Friday to build up a handful of large producers of infant formula in its latest effort to revive an industry that is reeling from a scandal over tainted milk.
The global manufacturing scene has been getting a lot of press lately, as China’s production slows and the reshoring trend gives American workers hope. But with so many moving parts, what’s really happening?