DuPont Co.’s secrets for cleanly manufacturing the ubiquitous white pigment found in paper and plastics were stolen and sold to a Chinese company by a California engineer, a jury said, handing a conviction to U.S. prosecutors cracking down on economic espionage.
Hoa Sen Group, Vietnam’s second- biggest listed steel company by market value, expects a 10-fold jump in its sales to North America within a year of any agreement on a Pacific trade accord, Chairman Le Phuoc Vu said.
Investors who dumped their emerging- market assets this year ignored the economic reality on the ground, according to the chief executive officer of FLSmidth & Co. A/S, a Danish company that boasts the world’s biggest installed base of cement production lines used to build everything from roads in India to high-rise towers in Brazil.
From tinned fruit to work boots, high labor costs and an elevated currency are squeezing Australian manufacturing, threatening to increase a jobless rate already at the highest level in more than 10 years.
Automakers have been making cars in Australia since Ford Motor Co. began assembling Model Ts in a converted wool store near Melbourne. That’s poised to end in three years, when Toyota Motor Corp. shuts its production lines in Altona about 60 kilometers (37 miles) away.