Production Outlook

Showing 946 articles
Business

UPS Unveils Sweeping Network Overhaul: 30,000 Jobs Cut as It Pivots to Automation and Higher-Margin Deliveries

In a major strategic shift, UPS announced plans to eliminate up to 30,000 positions and close 24 facilities by 2026. The logistics giant is restructuring its network to prioritize automation and higher-margin business segments, while scaling back lower-margin volume, notably from Amazon. The move aims to reshape the company's cost structure and profitability profile amid a challenging multi-year stock performance.

World

After Six Years of Devotion, Iraqi Calligrapher Completes Monumental Handwritten Quran in Istanbul

In a quiet corner of an Istanbul mosque, Iraqi master calligrapher Ali Zaman has concluded a six-year spiritual and artistic journey: the creation of what is believed to be the world's largest handwritten Quran. The monumental work highlights the enduring legacy of Islamic calligraphy, an art form that flourished under Ottoman patronage and continues to find a vibrant center in modern Turkey.