Manufacturing Financial News

Uno Minda, a global Tier-1 supplier of proprietary automotive systems and solutions to original equipment manufacturers, witnessed a 4.6% surge in its shares in today's early trading, reaching ₹679 per share. This uptick follows the company's recent announcement of a strategic partnership. According to a regulatory filing made by the company on Friday, Uno Minda has entered into a Technical License Agreement (TLA) with Starcharge Energy Pte.

BANGKOK (Reuters) — Car production in Thailand fell 19.28% in February from a year earlier to 133,690 units, the Federation of Thai Industries said on Tuesday, largely due to a decline in production of pickup trucks and more imported electric vehicles (EVs).

Investing.com-- Shares of China’s Contemporary Amperex Technology Co Ltd (SZ:300750), also known as CATL, rose on Tuesday after reports showed the company was in talks with Tesla Inc (NASDAQ:TSLA) and other U.S. automakers to potentially license its battery technology instead of building a plant there.

Following a disappointing year-to-date performance, Lucid (NASDAQ:LCID) stock received a much-needed boost at the Monday market open after a major positive development for the luxury electric vehicle (EV) manufacturer. 

the Global Combat Air Program or GCAP, is based in the U.K. Japan hopes the new plane will offer advanced capabilities Japan needs amid growing tensions in the region, giving it a technological edge against regional rivals China and Russia. Because of its wartime past as aggressor and the devastation that followed its defeat in World War II, Japan adopted a constitution that limits its military to self-defense.

Edited excerpts: This year is looking quite good. We got off to a good start with an mergers and acquisitions (M&A) announcement, the Lodha qualified institutional placement (QIP) and British American Tobacco Plc (BAT) sell down in ITC. We also have a couple of initial public offerings (IPOs) which are filed out there.

By David Shepardson and Allison Lampert

The industrial sector is getting $6 billion in federal funding for projects that will slash planet-warming greenhouse gas emissions, the largest-ever U.S. investment to decarbonize domestic industries

Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup Monday after a series of mishaps at one of America’s iconic manufacturers

Stocks that are trading heavily or have substantial price changes on Monday: United Airlines, Dyne Therapeutics fall; Lucid Group, Century Aluminum rise

Boeing keeps hitting more and more turbulence

entrepreneurship. Students simultaneously get exposure to real-world challenges and theoretical knowledge which enable them to either become ‘job ready’ or ‘job creators’. In Odisha, the Centurion University of Technology and Management claimed to be an “entrepreneurial university" and a “hub of industries" where students manage over 30 in-house production units across various sectors like technology, engineering, agriculture, aerospace, recycling, pharmacy, and more.

By Andrea Shalal and David Shepardson

(Reuters) — Boeing (NYSE:BA) Co CEO Dave Calhoun will step down by year-end, in a broad management shakeup brought on by the planemaker's sprawling safety crisis stemming from a January mid-air panel blowout on a 737 MAX plane.

(Reuters) -Investment firm MNC Capital said on Monday it has raised its all cash bid to acquire sporting and outdoor products maker Vista Outdoor (NYSE:VSTO) to $3 billion from $2.9 billion.

Alongside Nvidia (NASDAQ:NVDA), Super Micro Computer (NASDAQ:SMCI) is the company that has been capturing the most attention within the artificial intelligence (AI) space this year, thanks to a meteoric rise in its share price. Despite breakneck gains, JPMorgan analysts said in their fresh coverage that they see more upside potential in the SMCI stock.

Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc.

HEG, one of the leading graphite electrode manufacturers in India, is one such stock. After experiencing a prolonged downward trend from October 2021 to March 2023, the company's shares experienced a notable rebound in the subsequent month. Since then, they have consistently followed an upward trajectory, surging from ₹920.70 to the current trading price of ₹1,902.

It's been 15 years since the last fatal crash of a U.S. airliner, but you wouldn't know that from a torrent of flight problems that made news in the last three months

Methodology note: The tracker is a monthly summary of economic activity across nine large emerging markets based on seven high-frequency indicators: real GDP growth, manufacturing PMI, export growth, retail inflation, import cover, exchange rate movement, and stock market capitalization. Latest available data is used. On each indicator, the best-performing economy gets a score of 100, the worst one gets zero, and the others get linearly-interpolated relative scores. A country's composite index score is the simple average of its seven indicator scores. Earlier, the tracker had a 10th country, Russia, but it has been dropped temporarily as some data has not been reliably available since the Ukraine war began.

“One of the important risks to the macro environment this year is rupee depreciation and consequently its impact on CAD,” says Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life. In an interview with ETMarkets, Tandon said: “Another challenge is the monsoon (if it's going to be a normal one with good spatial distribution) as food prices are already at elevated levels,” Edited excerpts: It has been a volatile month so far – what is fueling volatility in the markets? Dr Poonam Tandon: This month has been volatile for equity markets as a few announcements by the regulators caught the market by surprise – be it restricting IIFL Finance to disburse fresh gold loans followed by restriction on JM Financials for IPO financing and later the ED raids as reported in the media.