UPS, Fast Radius to open 3D printing factory in Singapore
CHICAGO (Reuters) – Package delivery company United Parcel Service Inc said on Monday it will expand its 3D printing services to Asia with a new facility in Singapore run by its partner Fast Radius that will open by the end of 2016.
Airbus declines to comment on report of cost-cutting plan
PARIS (Reuters) – European planemaker Airbus Group is preparing a cost-cutting and restructuring plan that will be unveiled next month in a drive to offset expensive delays in some of its programs, the Financial Times newspaper said.
Alibaba’s Cainiao to raise more money; current funds good for up to 18 months
HANGZHOU, China (Reuters) – Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group Holding Ltd , will hold another round of fundraising but it is hoping that money raised in March will be sufficient for a year to 18 months.
All Hanjin Shipping chartered vessels to be returned to owners after unloading: judge
SEOUL (Reuters) – All Hanjin Shipping Co Ltd chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday.
GM and Canada union far apart on product as strike looms
TORONTO (Reuters) – Canada’s autoworkers’ union Unifor and General Motors Co made little progress resolving the key issue of new investment in contract talks late on Sunday, the union’s president said, just over 24 hours ahead of a strike deadline.
Gasoline prices spike as Colonial begins bypass around damaged line
(Reuters) – Retail gasoline prices surged due to continuing problems with Colonial Pipeline Co’s gasoline line that carries fuel to the U.S. East Coast, as the company started to construct a bypass line around the leak.
Iran urges U.S. to unblock aircraft deals, seeks investors
TEHRAN (Reuters) – Iran urged the United States on Sunday to remove remaining obstacles to buying passenger planes following the lifting of international sanctions and it spread out the welcome mat to foreign investors as it seeks to boost its aviation…
Rolls-Royce to cut 200 more management jobs
(Reuters) – Rolls-Royce said on Sunday it is cutting more than 200 management jobs as part of its ongoing restructuring.
From cars to college town, Canada’s Motor City grows despite GM woes
OSHAWA, Ontario(Reuters) – In Oshawa, winning a spot on the line at General Motors isn’t the singular prize it used to be.
OPEC secretary-general says may call extra meeting if consensus at Algiers: APS
ALGIERS (Reuters) – OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country’s stat…
