Toshiba to terminate TV production, shrink staff, sell assembly plants overseas
Toshiba Corp. is planning to withdraw from TV manufacturing by selling its factories abroad, a source stated…
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manufacturing
Dollar rises, euro fragile ahead of ECB
The U.S. dollar edged back toward multi-month highs on Wednesday, taking back some ground lost when bulls got cold…
China’s October factory, services surveys show economy still wobbly
Activity in China's manufacturing sector unexpectedly contracted in October for a third straight month, an…
Wall Street opens lower as oil prices weigh
Wall Street opened lower on Monday as oil prices plunged towards six-year lows and data indicated manufacturing…
ARECO, Z-One open PV module facility in Egypt, plan 100 MW project
The Arab Renewable Energy Company Organization (ARECO) and Z-One Holding FZCO have announced joint solar plans in…
Industry Ministry to build Furniture Manufacturing City in Damietta
Trade and Industry Ministry is to establish a city for manufacturing furniture in Damietta, 15 kilometres…
Egypt to see $30bn investment in coal industry by 2020: Minister
Egypt expects to see $30 billion worth of investments in the coal industry in the coming five years, Investment…
Nokia not to manufacture Phone Again
Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones. "Nokia notes…
UN Aids Local Solar Manufacturing in Egypt
In a welcome bid to promote solar energy use in Egypt’s industrial sector, the UN Industrial Development…
GE to sell Bulk of Finance Unit, return up to $90 billion to Investors
General Electric Co will shed most of its finance unit and return as much as $90 billion to shareholders as it…
