Nissan Motor will cut global production by about 15 percent for the year ending March 2020, compared with its early projection for last fiscal year, as the Japanese automaker shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn.
A decision by US aviation giant Boeing to cut production of its 737 aircraft has hit the shares of the company and its suppliers in US pre-market trading, as the company continues to grapple with a crisis following two deadly crashes in less than five months.
The US-China trade dispute is pushing American multinational companies to relocate their factories and adjust business strategies for their supply chains in the next 12 months, according to a survey by Bain and Company.
Iranian steelmakers cast 19.604 million tons of crude steel in the first 11 months of the current Iranian year (March 21, 2018-February 19, 2019) which registered an eight-percent growth compared with the corresponding period last year.
Mango production is expected to decrease this year as climate change severely impacts yields, according to a mango association in Kampong Speu Province — Cambodia’s largest regional producer of the fruit.
Production from Mouteh Gold Mine in Isfahan Province amounted to 346 kilograms in the 10 months to January 20, reported Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).