Factory Somewhere News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since be...

Joko widodo has introduced key reforms over the past few years and in particular one of them is changes to the labour market which means it's much easier to hire and fire workers now and it was before that so it's a big plus for manufacturing companies. and also as well, big increases in infrastructure spending so if you're going to relocate a factory somewhere, you want to be confident you can ship yourfinal goods can ship your final goods overseas without too many problems and has been an increase in —— big increase in infrastructure spending and these are welcome developments and potent...

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