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The Iranian government has announced this week that it plans to make a massive purchase of aircraft manufactured by Airbus Group.
The ongoing Takata airbag recall, already the world’s largest, is set to get bigger following the recall of 5 million more vehicles by US regulators.
For the first time in decades, the production of steel in the People’s Republic of China has seen a decline.
The US Department of Defense (DoD) has approved millions of dollars of funding for private spaceflight companies to develop new US-manufactured rocket engines.
Travel demand, new technologies, and security threats are fuelling increases in aircraft production, defence budgets, and the global supply chain, according to Deloitte study.
Stadler Rail Group is set to begin its expansion into the North American market as its US subsidiary Stadler US will open a temporary manufacturing and assembly facility in Utah as part of the first phase of its 15-year plan to expand its North American manufacturing.
US cigarette company Philip Morris has been unsuccessful in its challenge of Australia’s plain packaging laws after an international arbitral tribunal dismissed the multinational’s claims that plain packaging was in breach of the Australia-Hong Kong bilateral investment treaty signed in 1993.
The Federal Court of Australia has ordered consumer goods giant Reckitt Benckiser to remove its popular Nurofen brand from Australian shelves, after finding the British-based multinational engaged in misleading conduct in contravention of the Australian Consumer Law.
The German government is reportedly planning to fine Airbus millions of Euros for the late delivery of military aircraft.
German-owned automotive parts maker Fritz Winter North America LP plans to build a $193.7 million foundry and production facility in Franklin, bringing 343 jobs to Simpson County.