Auto Parts Factory Explosion in Daejeon Kills 14, Injures 59
A devastating explosion and fire at an auto parts factory in Daejeon, South Korea, has resulted in 14 fatalities and at least 59 injuries, with rescue operations ongoing.
A devastating explosion and fire at an auto parts factory in Daejeon, South Korea, has resulted in 14 fatalities and at least 59 injuries, with rescue operations ongoing.
A devastating fire at a car parts factory in Daejeon, South Korea, has claimed 14 lives and injured almost 60 people. Emergency crews battled the blaze for over 24 hours, with footage showing workers jumping from windows to escape.
Experts warn that Western car manufacturers are repeating a historic mistake by pulling back from electric vehicles as oil prices surge, potentially ceding the market to Chinese rivals.
A devastating explosion and fire at an auto parts factory in Daejeon, South Korea, has killed 14 workers and injured 59 others. Rescue operations involved over 500 personnel and advanced firefighting technology.
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RecommendedA devastating explosion and fire at an auto parts plant in Daejeon, South Korea, has killed 14 people and injured at least 59 others, with rescue operations involving over 500 personnel.
Ashley Furniture, the world's largest furniture manufacturer, is laying off 266 employees at its Mesquite, Texas center as part of a strategy to optimize operations and integrate facilities vertically.
The world's largest furniture manufacturer, Ashley Furniture, is laying off 266 employees at its Mesquite, Texas facility. The company cites operational optimisation and tariff pressures, offering affected workers positions at other locations.
The UK government plans a £2.5bn investment in the steel industry and targets 50% domestic sourcing, sparking debate on economic strategy amid calls for supply security and industrial revival.
Rolls-Royce has reversed its pledge to go fully electric by 2030, citing strong client demand for V12 internal combustion engines and changing market conditions.
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RecommendedAn in-depth exploration of China's booming humanoid robotics industry, where companies like Guchi Robotics and Galbot are pioneering automation to replace human workers in factories, with staggering investments and rapid technological advances.
The US craft beer industry is experiencing a significant downturn, with numerous breweries shutting down in 2026 due to economic pressures and market saturation.
The UK government plans to increase domestic steel production to 50% of national usage, implementing new tariffs and quotas while rejecting comparisons to Donald Trump's trade policies.
The Labour government's £2.5bn Steel Strategy commits to electric arc furnaces, ending virgin steel production despite national security concerns raised by military experts.
The UK government has announced a new Steel Strategy aiming to increase domestic steel production to meet 50% of national demand, supported by £2.5 billion in funding and reduced import quotas.
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RecommendedPrime Minister Keir Starmer has launched a new Steel Strategy, backed by £2.5 billion, targeting 50% of UK steel to be domestically produced, up from 30%, to secure the industry's future.
Brisbane-based electric vehicle manufacturer BossCap has been placed into receivership, suspending all operations and endangering over 100 jobs due to a sudden Ford production strategy change.
Luxury car manufacturer Bentley Motors announces plans to cut 275 roles, about 6% of its workforce, following a 42% drop in operating profits due to global market pressures and higher costs.
Luxury car manufacturer Bentley is cutting approximately 275 roles in the UK, representing 6% of its workforce, following a 42% drop in operating profits. The restructuring affects management and non-manufacturing positions at its Crewe plant.
Luxury car manufacturer Bentley warns 275 positions are at risk, representing 6% of its workforce, as part of an organisational adjustment following a 42% profit decline.
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RecommendedThe UK's largest building materials distributor warns of rising costs due to Middle East conflict disrupting energy supplies, impacting manufacturing and delivery expenses.
Peter Huntsman warns of shutting down the Wilton aniline factory in Teesside if high gas prices persist, highlighting a crisis in European heavy industry.
The Denza Z9GT from BYD can charge from 10% to 70% in just five minutes, threatening UK auto industry with superior tech and price as domestic production hits 73-year low.
Historic Derbyshire pottery manufacturer Denby Pottery Company has filed a notice to appoint administrators, risking over 500 jobs as it seeks investment partners amid falling turnover.
Microsoft and 22 retired U.S. military officials file a lawsuit challenging the Pentagon's designation of AI firm Anthropic as a supply chain risk, arguing it misuses authority and harms public interest.
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RecommendedHerbert Munk, an electrical engineer who spent 40 years at GEC in Coventry and contributed to the UK's first computer-controlled telephone exchange, has died aged 94.
Porsche is implementing additional job reductions as it faces a costly writedown from reversing its electric vehicle strategy and a significant sales decline in China, impacting its parent company Volkswagen.
Volkswagen announces 50,000 job cuts and a 54% profit drop, citing US tariffs, falling Chinese sales, and geopolitical tensions from the Iran war affecting demand.
Renault reveals an ambitious futuREady strategy, targeting 26 new vehicle launches by 2030, with half of sales outside Europe and a major electrification focus.
The UK government has unveiled the 'We Make Here' initiative, a new strategy aimed at revitalising British manufacturing through investment and innovation. This move seeks to enhance domestic production capabilities and reduce reliance on imports.
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RecommendedAmerican car manufacturer Ford has secretly constructed a custom 2026 Ford Explorer Platinum hybrid for Pope Leo XIV, featuring Chicago and Vatican-themed etchings and personalized 'DA POPE' plates.