Found 11 articles
An Indian-owned pharmaceutical facility in Ukraine’s Sumy region has suffered a second major Russian drone attack, killing one employee and injuring several others. Kusum Healthcare said the latest strike caused extensive damage to its manufacturing operations and could result in losses exceeding $50 million.
India’s second-largest tractor manufacturer, TAFE, plans to invest up to ₹1,250 crore in a new north India manufacturing plant as the company expands capacity to meet rising domestic and export demand.
Iran claims its desalination facilities were hit in recent attacks and warns it may target water infrastructure across the Middle East in response.
Severe flooding in Nepal has caused widespread damage to roads, bridges, hydropower projects, banking facilities and telecommunications networks, disrupting infrastructure and daily life across several affected areas.
Volkswagen CEO Oliver Blume has warned that the German automaker is facing a “more than critical” situation as it battles weak demand, overcapacity and growing competition from Chinese manufacturers. The company is considering major cost-cutting measures and job reductions, while plant closures remain under discussion.
Two workers were killed and nine others injured after a reactor blast triggered a fire at a pharmaceutical unit in Telangana's Yadadri Bhuvanagiri district.
Volkswagen CEO Oliver Blume is facing growing opposition from workers and unions as he pushes a sweeping restructuring plan that could eliminate up to 100,000 jobs and reduce costs across the German automaker.
Volkswagen is embarking on one of the biggest transformations in its history, combining around 100,000 cumulative workforce reductions with a sharply smaller model portfolio as it battles rising competition, excess capacity and weak profitability.
JPMorgan CEO Jamie Dimon has urged Washington to consider India’s refinery requirements and the wider impact on global oil markets before imposing further measures on buyers of Russian crude. His comments come as a new US law gives President Donald Trump authority to impose tariffs of up to 100% on major buyers of Russian oil.
European gas prices have climbed to their highest level since early 2023 as renewed US-Iran fighting adds fresh pressure to LNG supplies and raises concerns over Europe’s energy security ahead of winter.
Oracle’s massive New Mexico data center development faces a six-month setback after a natural gas pipeline planned to supply the project was delayed, raising fresh questions over the timeline for its AI infrastructure expansion.
