For decades, globalization was built on the assumption that deeper economic integration would strengthen international cooperation, reduce geopolitical tensions and create mutually beneficial growth.

Toyota Motor Corporation is preparing for another major expansion in the United States as the company seeks approval to build a new vehicle assembly line at its existing manufacturing complex in Texas.

Iran’s handwoven carpet exports, once worth nearly $2.5 billion annually, have now “virtually stopped,” according to a provincial industry official, marking a dramatic decline in one of the country’s most traditional export sectors.

Nissan Motor is planning to cut around 10% of its workforce in Europe as part of a broader global restructuring effort.

Amazon is opening its global logistics network to all businesses, the company announced on Monday. The new service, called Amazon Supply Chain Services, pits the e-commerce giant directly against UPS and FedEx.

Taiwan Semiconductor Manufacturing Company has fully exited its investment in Arm Holdings after selling its remaining shares in a deal worth approximately $231 million.

India’s industrial output expanded by 5.2% in February, supported by solid growth in the manufacturing sector, according to official data released on Monday.

Apple has revealed plans to collaborate with four new companies as part of a 14-year, $400 million initiative to increase the production of iPhone and other components and materials in the United States.