Manufacturing Financial News
07.03 / 16:05
UPS
Target
Manufacturing
economy
Trade
show
China's exports and imports beat estimates for first 2 months, signaling improving demand
China’s exports and imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to speed up its economic recovery
07.03 / 16:05
COST
BLOCK
Manufacturing
Death
President
Courts
Half of US states join GOP lawsuits challenging new EPA rule on deadly soot pollution
Twenty-five Republican-led states have joined lawsuits challenging a new Biden administration rule that sets tougher standards for deadly soot pollution
07.03 / 16:05
markets
UPS
Manufacturing
Research
2020
Candy companies pitch gum as a stress reliever and concentration aid to revive stale US sales
Gum makers are trying to figure out what will make Americans start chewing again
07.03 / 15:51
Manufacturing
security
WhatsApp
Cabinet Committee on Security clears 34 new Dhruv choppers for Indian Coast Guard, Army
Cabinet Committee on Security has cleared a proposal for 34 new Advanced Light Helicopter (ALH) Dhruv choppers, of which nine will be inducted in the Indian Coast Guard while 25 of them will go to the Indian Army. The helicopters would be manufactured by Hindustan Aeronautics Limited. The Indian Coast Guard is going to get nine of these choppers, while the Indian Army will be inducting 25 of them into their fleets, top government sources told ANI.
07.03 / 14:31
FIVE
Manufacturing
WhatsApp
Research
Stealth
country
India clears project to develop AMCA 5th generation stealth fighter aircraft
DRDO. Under the around Rs 15,000 crore project, Defence Research and Development Organisation's Aeronautical Development Agency would develop the stealth fighter jet and its technologies in partnership with various private and public sector agencies and build around five prototypes in around five years, government sources told ANI. The project would see the prototype manufactured by industry including the public sector unit Hindustan Aeronautics Limited, they said.
07.03 / 13:23
Manufacturing
Gap
security
community
Nordstrom
Department
Pharmaceuticals
Victoria's Secret, Nordstrom, Big Lots fall premarket; OneSpan, Novo Nordisk rise
Investing.com — U.S. futures edged higher Thursday, as investors await the second day of testimony of Fed chief Jerome Powell’s two-day testimony before Congress.
07.03 / 13:23
markets
UPS
Manufacturing
Deloitte
Microchip
testing
International
5 Non-US Chip Stocks Well-Positioned to Profit From Soaring Microchip Demand
Deloitte has recently predicted a significant 13% growth in the production of vital chips across various industries this year.
07.03 / 10:51
markets
UPS
Manufacturing
Strategy
economy
country
Can India, Indonesia and Saudi Arabia be the next great economies?
developing countries’ ideas for growth are staggeringly ambitious. India and Indonesia hope to become high-income countries within 25 years. Muhammad bin Salman, Saudi Arabia’s crown prince, wants to diversify and develop its economy just as rapidly.
07.03 / 10:01
UPS
Manufacturing
Analysis
economy
show
India's fuel demand rises 5.7% YoY in February on strong factory output
fuel consumption rose 5.7% year-on-year in February, government data showed on Thursday, helped by strong factory activity in the world's third-biggest oil importer and consumer. Total consumption, a proxy for oil demand, totalled 19.72 million metric tons (4.98 million barrels per day) in February, up from 18.66 million tons last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Demand was up about 5.1% on a daily basis from the 4.74 mbpd (20.04 million metric tons) consumed in January.
07.03 / 08:27
markets
Manufacturing
Racing
Strategy
show
patient
Updates
Novo Nordisk to present early drug trial data, Wegovy supply update
(Corrects to show drug is for obesity (not Type 2 diabetes), in paragraphs 1 and 7)
07.03 / 07:27
UPS
Waters
Manufacturing
Enterprise
prevention
Pharmaceuticals
How IT companies in Bengaluru are preparing for the water crisis
Mallya emphasized the significant water requirement by tech hubs, estimating that even a tech hub with 5,000 employees would require approximately 1 lakh litres of water daily, equivalent to 10-12 tanker loads. He stressed the necessity for industries to adapt and problem-solve. While IT firms may not face immediate production cuts due to the nature of their work, Mallya noted that other industries are struggling to meet their commitments. He underscored the importance of honoring manufacturing obligations, citing examples such as original equipment manufacturers (OEMs) supplying to the automobile sector, who cannot afford to use water shortage as an excuse for delays.
07.03 / 07:19
UPS
BLOCK
Manufacturing
Enterprise
country
social
Anil Agarwal sees opportunity for job creation from electric vehicles boost
Anil Agarwal took to social media site X (formerly known as Twitter), to express that he is optimistic about India's growing electric vehicles segment enabling job creation in the country. In a post on March 7, the industrialist noted that EVs use up to six times more minerals compared to conventional vehicles and if played out correctly, the need for these resources could drive up jobs in the local mining sector. He further added that a "explore, mine and make in India" mantra by startups and small and medium enterprises (SMEs) will be an important factor in tapping the "massive potential" for job creation in the country.
07.03 / 05:05
markets
Manufacturing
economy
Tesla
country
Investigations
Tesla quits Australia auto lobby over claims on car emission standards
SYDNEY (Reuters) — Tesla (NASDAQ:TSLA) said on Thursday it is quitting Australia's major auto lobby and resigning from its board, accusing the group of misleading consumers over the government's proposed fuel efficiency standards and the potential impact on car prices.
07.03 / 03:11
UPS
Manufacturing
Racing
Enterprise
Moodys
reports
International
Financial
Stocks to Watch: Tata Motors, NLC India, M&M, JM Financial, Ceat, IGL
Tata Motors: On March 6, global rating agency, Moody's, confirmed the BA3 ratings of Tata Motors, maintaining a positive outlook, reported PTI. In addition, Moody's Investors Service stated that it has also confirmed the Ba3 senior unsecured instrument ratings of Tata Motors Ltd (TML). According to Moody's obligations, 'Ba' ratings are considered to have speculative elements and carry a significant credit risk.
07.03 / 00:21
markets
UPS
Provident
Manufacturing
economy
Remark
reports
Stock Market Today: S&P 500 ends higher after Powell reinforces rate-cut hopes
Investing.com-- The S&P 500 closed higher Wednesday, as the rally in tech returned following weakness a day earlier after Federal Reserve Chair Jerome Powell reinforced expectations that interest rate cuts were coming later in the year.
06.03 / 22:27
markets
Manufacturing
Food
reports
Department
prevention
Ground cinnamon sold at discount stores is tainted with lead, FDA warns
Ground cinnamon sold in U.S. discount stores is contaminated with high levels of lead and should be discarded
06.03 / 22:27
Provident
Manufacturing
reports
rights
Interviews
Investigations
Workers expressed concern over structural issues before deadly Idaho hangar collapse
A newspaper in Idaho is reporting that workers had expressed concerned about bending or bowed beams and other structural issues before a steel airport hangar under construction collapsed in January, killing 3 people
06.03 / 19:51
Manufacturing
Mobile
economy
Research
country
electronic
reports
Mobile exports to grow to $50-60 billion, says IT Minister Vaishnaw
India will grow more than five-fold to $50-60 billion in the coming time from about $11 billion last year, IT and Communications Minister Ashwini Vaishnaw said on Wednesday. While speaking at a fintech event, the minister said employment in the electronics manufacturing sector will increase from about 10 lakh at present to 25 lakh in the coming days. He said that 10 years ago India imported 98% of mobile phones and at present 99% of the devices are made in India.
06.03 / 18:35
markets
UPS
Manufacturing
Micron
electronic
reports
testing
Dholera chip fab: India's leap into electronics manufacturing
₹91,000 crore, is projected to produce 3 billion chips annually, in 28 nanometers (nm), 50nm, 55nm, and 90nm 'nodes', Vaishnaw added. Experts said the move could mark the beginning of India's evolution as a market that not only produces components, but also manufactures indigenous products. “Almost everything is imported today.
06.03 / 18:27
Provident
Manufacturing
Healthcare
performer
testing
Features
Top Glucometer Kits Under 1000 for Precise Diabetes Management
The affordability of these kits ensures that individuals from various economic backgrounds can access essential tools for diabetes management, promoting proactive and personalized healthcare. The convenience of at-home monitoring reduces the need for frequent visits to healthcare facilities, offering a more efficient and patient-centric approach to diabetes care.
06.03 / 18:27
UPS
BLOCK
Manufacturing
security
Trade
show
stake
M&M promoter group entity initiates sale of shares; sale will reduce promoters’ stake to 18.57% from 19.32%
PMSL) has initiated a secondary sale of shares in the company as the “family is looking for liquidity for specific needs”, the automobile manufacturer said in a filing with the stock exchanges on Wednesday. The company made the filing as a clarification to a news item on the sale of shares by its promoters. “Post transmission of shares of PMSL held by the former chairman of M&M, late Mr Keshub Mahindra (who passed away on 12th April 2023), to his family members, the family is looking for liquidity for specific needs, and hence proposes to sell a small number of shares held by PMSL in M&M,” the filing said. “The family shall continue to retain the status of the promoter group of M&M and there is no intention to sell further shares in the foreseeable future.”
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