Asian Shares, Oil Fall as US-China Trade Spat Escalates
Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing…
ZF Acquires Bosch Rexroth Industrial Gears Arm
Following the go-ahead from antitrust authorities, on December 1, 2015 ZF has officially taken over the industrial gears and wind turbine gearbox business from Bosch Rexroth AG.
Japan Sees Little Scope for Power Price Cuts
Japan will find it difficult to reduce electricity costs to levels last seen before the Fukushima nuclear plant disaster, the head of the panel deliberating the country's…
Shanghai MHI Begin Diesel Engine Production
Shanghai MHI Engine Co., jointly established by Mitsubishi Heavy Industries, Ltd. (MHI) & Shanghai Diesel Engine Co. (SDEC) now manufacturing. Shanghai MHI Engine was established…