Kubota's path to global expansion goes through India
OSAKA -- Japanese farm equipment maker Kubota looks to copy Suzuki Motor's playbook for expanding its global footprint: establish India as a production hub.
Manufacturing asian news
Tornado Kills 5 in Guangzhou, a Chinese City Battered by Recent Rains
A tornado that swept through the southern Chinese economic hub of Guangzhou killed five people and damaged scores of factory buildings on Saturday.
Mercedes-Benz says U.S. DOJ ended investigation into diesel emissions scandal
The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the car manufacturer is no longer facing charges, the company said on Saturday.
China's EV overcapacity spurs global fears of more price cuts
BEIJING/TOKYO -- Electric vehicle production capacity in China continues to expand at breakneck speed despite being vastly larger than domestic demand, fanning fears that manufacturers will export vehicles abroad at cut-throat discounts.
Vietnam parliament chief quits in latest upheaval among top posts
HANOI (Reuters) -- The chairman of Vietnam's parliament Vuong Dinh Hue has resigned over his "violations and shortcomings", its government said on Friday, in a new sign of political turbulence just weeks after the high-profile dismissal of the country's president.
A tornado strikes the southern China metropolis of Guangzhou
BEIJING (AP) — A tornado sent debris swirling into the air in southern China’s Guangzhou city during a severe rain and hail storm on Saturday, Chinese media said. There were no immediate reports on the extent of damage or any injuries.
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel's long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 9% on Friday to their lowest level of the year.
Airbus CFO says A350 plane production increase not tied to Boeing troubles
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French plane maker's chief financial officer.