Category : Manufacturing


Gas Lighter Factory Fire Near Dhaka Kills Five

A devastating fire at a gas lighter manufacturing plant in Keraniganj, near Bangladesh's capital Dhaka, has claimed five lives. Authorities deployed seven units to battle the blaze, which took hours to control.

Oracle Cuts 30,000 Jobs to Fund AI Projects, Stock Dips

Oracle plans to lay off up to 30,000 employees worldwide, including roles in software development and management, to free up $8-10 billion for AI initiatives like data centers, with cuts affecting the U.S., Canada, India, and Mexico.

Alexander Dennis to Close Falkirk Site, 115 Jobs at Risk

Bus manufacturer Alexander Dennis proposes shutting its Falkirk site and converting Larbert to a chassis facility, risking 115 jobs while safeguarding 200 others. The move follows Scottish Government furlough support and calls for UK procurement reform.

Government to Nationalise British Steel Despite Cost Concerns

Keir Starmer's administration is poised to fully nationalise British Steel within weeks, despite warnings from the National Audit Office that losses could reach £1.5 billion by 2028, as part of efforts to secure this strategically vital industry.

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