Acnh News Today

Over a year after the UAW rammed through a sell-out contract, ending a nearly nine-month-long strike by CNH workers, the company seeks to slash its Mount Pleasant factory from 660 workers to 170.

Managing Director of CNH India and SAARC, Narinder Mittal, said that they plan to expand their presence in precision technology as well as harvesting equipment in the country.

HD Hyundai signs partnership with CNH

The U.S. Customs and Border Protection has reopened the <p>Eagle Pass and El Paso rail crossings into Mexico, and USDA’s Foreign Ag Service is reminding us that exports are important to those holiday treats we’ve been enjoying recently.

This development strengthens CNH’s position as a leading technology provider for agriculture and construction, CNH said.

China has ramped up its effort to slow the depreciation of the yuan against the dollar this week and market participants widely believe that the People's Bank of China (PBOC) may follow up with more policy measures if the weakness persists.

China's major state-owned banks were seen selling dollars in the offshore spot foreign exchange market on Tuesday, four sources with knowledge of the matter said, suggesting authorities wanted to slow the pace of the yuan's recent slide.

In a rare attempt to bolster China's yuan, a self-regulatory body overseen by the country's central bank has told major state-owned banks to lower dollar deposit interest rates, four people with direct knowledge of the matter said.

China has dramatically increased use of the yuan to buy Russian commodities over the past year, with nearly all of its purchases of oil, coal and some metals from its neighbour now settled in the Chinese currency instead of dollars, multiple trading executives with direct knowledge of the matter told Reuters.

China's yuan currency is slowly but surely being adopted for more international payments, which analysts say could lay foundations for a trade system running parallel to the dominant U.S. dollar.