Tag #Economic Restructuring

Showing 1 to 12 of 15 results

nos.nl
🌐 65% Global Worthiness
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Accell Closes Dutch Factory, Shifting Production Abroad

Accell, a Dutch bicycle manufacturer, is closing its Heerenveen factory, resulting in approximately 160 job losses and the end of bicycle production in the Netherlands, shifting production to Hungary and France due to post-pandemic financial difficulties.

Progress

36% Bias Score

Decent Work and Economic Growth
arabic.euronews.com
🌐 85% Global Worthiness
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Syria's Secretive Committee Reshapes Economy Amidst Concerns

A Syrian committee, led by President Ahmad al-Shar's brother Hazem, is quietly reshaping the country's economy by seizing billions of dollars in assets from businessmen linked to the former regime, offering them amnesty or legal settlements in return; this raises concerns about transparency and the ...

Progress

48% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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US Trade War Backfires, Prompting China's Economic Restructuring

The US trade war against China, starting in 2017, aimed to reduce the trade deficit and boost domestic manufacturing but backfired, increasing the deficit and decreasing employment; China should boost domestic demand and innovation to mitigate impacts.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Bimbo Announces 352 Layoffs in Spanish Distribution Network

Bimbo, a multinational food company, plans to lay off 352 employees in its Spanish distribution network due to industry changes, including shifting consumer habits and demands for more sustainable logistics; this follows previous factory closures and redundancies, prompting union criticism.

Progress

44% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 65% Global Worthiness
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Carrefour Acquires 92 Casino Supermarkets in Southern France

Carrefour will acquire 92 Casino-franchised supermarkets in Occitanie, France, starting February 1, 2025, generating €70 million in annual revenue and employing 500 people, reflecting Casino's financial restructuring and a broader industry consolidation trend.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Vietnam's Government Restructuring: Short-Term Pain, Long-Term Gain for Investors?

Vietnam's government is undertaking a major restructuring involving the reduction of ministries and agencies to improve efficiency and reduce administrative burdens, a move anticipated to cause short-term delays but potentially increase long-term foreign investment.

Progress

44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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ZF Friedrichshafen Faces Worker Protests Amidst 14,000 Job Cut Plan

Thousands of ZF Friedrichshafen employees protested job cuts at German sites, including 6,000 in Friedrichshafen and 4,500 in Schweinfurt, following management's announcement of up to 14,000 job cuts by 2028 due to declining orders and high costs of electric motor transition.

Progress

36% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Celsa Reports €281 Million Net Loss in 2024 Amidst Restructuring

In 2024, Celsa reported a €3.36 billion turnover and a €281 million net loss, despite a 1% growth in steel sales and an 8.2% EBITDA margin. The loss is attributed to financial restructuring following a change in ownership in late 2023, reducing debt by 48% to €1.896 billion, and the company is pursu...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Carney's New Cabinet Prioritizes Rapid Economic Restructuring

Prime Minister Mark Carney formed a new Canadian cabinet focused on rapid economic change, appointing François-Philippe Champagne as Finance Minister, Dominic LeBlanc for Canada-U.S. trade, and Mélanie Joly as Industry Minister; business leaders are cautiously optimistic but want to see quick action...

Progress

48% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 85% Global Worthiness
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Egged's Transformation: Privatization, Efficiency, and the Need for Transport Security

Egged, an Israeli public transport company, privatized in 2015, significantly reduced older employees and expanded electric bus fleet, achieving high service rating and NIS 1 billion overseas revenue in 2023; its October 7th war response highlighted need for national transport security.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's SOEs to Prioritize Restructuring and Integration in 2025

China's central SOEs will undergo strategic restructuring and specialized integration in 2025, focusing on AI, green technologies, and industrial chain integration, with projected 35 percent revenue from strategic emerging industries by 2025, driven by a 2 trillion yuan investment (18.7 percent year...

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
fr.euronews.com
🌐 85% Global Worthiness
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Volkswagen Faces Strikes Amidst €10 Billion Cost-Cutting Demands in Germany

Volkswagen is negotiating with unions in Germany to prevent plant closures and a 10% salary cut, facing a €10 billion cost-reduction goal amid weak European demand and Chinese competition; strikes have already affected nine sites.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 15 results