Manufacturing Financial News

03.11 / 05:33

Reuters Manufacturing economy services Low India's services activity growth drops to 7-month low in October on price pressures: PMI data

The S&P Global India Services Purchasing Managers' Index fell to 58.4 last month from September's 61.0. A Reuters poll forecast the data point at 60.5.

03.11 / 04:23

Target Manufacturing Software SunPower performer track reports World’s top renewable firms reel even as installations surge

About 500 gigawatts of renewable generation capacity will be added this year, according to the International Energy Agency, and at least $1 billion a day is being spent on new solar additions alone. Yet companies in the sector are being squeezed by volatile costs, snarled projects, high interest rates and — in the solar sector — a rush to add new capacity that’s overwhelmed demand. Xinjiang Goldwind Science and Technology Co., the No. 1 wind turbine maker, just reported a 98% slump in third-quarter profits.

03.11 / 03:43

Manufacturing economy show country week Oil prices steady after wild swings, but set for second week of losses

Investing.com-- Oil prices steadied in Asian trade on Friday after a weakened dollar and easing concerns over the Israel-Hamas war spurred wild swings over the prior sessions, although they were still set to close lower for a second straight week.

03.11 / 03:43

BLOCK Reuters Manufacturing Apple MSCI Bitcoin Department week Stocks set for strongest week of 2023 on interest rate cheer

By Tom Westbrook

03.11 / 03:09

BLOCK Reuters Manufacturing Apple MSCI Bitcoin Department week Asian stocks Asian stocks set for strongest week of 2023 on interest rate cheer

weekly rise in a year on Friday, while bonds rallied and the dollar was on the back foot as investors cheered a pause in U.S. interest rate hikes. U.S.

03.11 / 02:09

FIVE Reuters Manufacturing Apple performer reports Apple holiday forecast disappoints on iPad, wearables demand; shares slip

By Stephen Nellis and Yuvraj Malik

02.11 / 23:21

Manufacturing Moderna vaccine pandemic Department Moderna forecasts weaker sales as COVID vaccine demand wanes

Moderna said on Thursday its 2023 sales would only hit the low end of its previous forecast, reflecting weaker demand for COVID-19 vaccines and its shares plummeted over 16% in early trade.

02.11 / 22:49

Manufacturing economy Experts track reports The UAW strike might be over, but will consumers feel it later?

Barrons senior writer Al Root discusses the United Auto Workers strike as the union plans to unionize other automakers.

02.11 / 21:05

Manufacturing Assurant Apple Parke electronic folk information Karnataka eyes $3 bn for chip, related biz

NEW DELHI : Karnataka information technology minister Priyank Kharge said the state aims to corner investments worth $2.8-3 billion in the semiconductor-related electronics manufacturing sector, converting at least 50% of them by March 2024. He said the state is willing to tweak incentive and labour policies to attract major players along with their supply chains.

02.11 / 20:38

Manufacturing Fighting economy pandemic track rock pop Big changes rocking Wall Street conceal an inconvenient truth: It's a return to normal

It’s easy to get swept up by Wall Street's hullabaloo over high interest rates, rising Treasury yields and other superlatives about financial markets

02.11 / 20:38

Twitter Manufacturing Nippon Steel drops patent lawsuit against Toyota in name of partnership

Nippon Steel has dropped its lawsuit against Toyota over a patent for a technology used in electric motors, saying wrangling among Japanese companies was not beneficial to keep the nation competitive

02.11 / 20:37

Manufacturing CEO Fighting Nov President testing Beyond Meat cuts non-production workforce by 19% as plant-based meat demand weakens

The reduction of is part of a broader corporate review, the company says.

02.11 / 20:37

Manufacturing Strategy President country Latin innovations The Biden administration pushes for more US-Latin America trade, seeking to lessen Chinese influence

President Joe Biden is trying to increase trade with Latin America

02.11 / 14:04

Manufacturing Platform Mobile Software electronic Tata Motor's electric vehicle arm ties up with JLR for Avinya range

Tata Motors on Thursday said its electric vehicle arm has inked a licensing pact to source electrified architecture from Jaguar Land Rover for the development of 'Avinya' range of cars. Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover (JLR), both 100 per cent subsidiaries of the auto major, have entered into a Memorandum of Understanding (MoU), Tata Motors said in a statement. The pact envisages TPEM licensing JLR's electrified modular architecture (EMA) platform for a royalty fee for the development of Avinya series, it added. TPEM and JLR will also enter into an engineering services agreement (ESA) to support former's content requirements for the first vehicle development.

02.11 / 13:39

Provident Manufacturing Action Delhi HC seeks Gail’s response on ArcelorMittal’s plea for LNG supply

ArcelorMittal Nippon Steel India on Thursday moved the Delhi High Court seeking a stay on GAIL (India) Ltd's notice to terminate a 2022 agreement for supply of liquefied natural gas (LNG) for its steel plant in Hazira, Gujarat. The steel manufacturer wants a direction to GAIL to continue supply of LNG, particularly in November, till the arbitration tribunal decided the dispute between them. It has also asked the high court to restrain the central public sector undertaking from taking any coercive action, including exhausting and alienating the LNG quantity which allegedly the state-owned firm is duty-bound to supply to it. Justice Neena Bansal Krishna after hearing the arguments for the interim stay asked GAIL to respond to the ArceorMittal’s petition by Monday.

02.11 / 13:27

Provident Maxim Manufacturing Remark Nano travelers prevention Amazon Sale 2023: Want to style your hair at home? Up to 67% off on hair dryers

hair dryers. The importance of a good hair dryer cannot be overstated. Not only does it help you quickly dry your hair after a shower, but it also plays a crucial role in creating stunning hairstyles.

02.11 / 13:05

Citi Target Manufacturing Fighting economy track Oil rises 1% after Fed keeps rates unchanged

By Robert Harvey

02.11 / 11:59

Manufacturing reports Corporate funding in energy storage falls 31% to $15.2 billion: Mercom Capital

energy storage segment fell 31 per cent to USD 15.2 billion during the January-September 2023, the US-based Mercom Capital said on Thursday. The segment had attracted USD 22 billion worth of investments during the nine month period last year, the research firm said in its latest report.

02.11 / 11:03

Provident Career Manufacturing Haynes cover innovations information Biggest ever scholarship program for Indian scientists from Imperial, London – Check last date to apply

Imperial College London has launched its biggest-ever scholarship programme to support Indian scientists. The scholarship – which will cover the full cost of tuition and living expenses – will be for students studying Master’s programmes in engineering, natural sciences, business and medical research.

02.11 / 09:05

IPO Target Manufacturing Remark performer reports Greenlam Industries stock spikes nearly 30% in four sessions; should you pick the shares now?

Greenlam Industries, one of the world's top three laminate manufacturers, has seen its stock surge by nearly 30% in the past four trading sessions, climbing from ₹411 apiece to ₹534.50 apiece. In the previous trading session, the stock hit an all-time high of ₹572.45. This sharp uptick in shares was attributed to the company's robust performance in Q2FY24.

02.11 / 07:55

Manufacturing Forbes President social Department Shein Turns to Western Executives to Become Even More Global

Shein, known for its ultra-affordable clothes shipped from China, is enlisting top Western executives in its quest to go truly global. The China-founded retailer, which has become increasingly entangled in Beijing-Washington friction, has started making some of its products outside China and forged partnerships with Western brands. Now it is globalizing its leadership ranks as it looks to establish itself in its biggest markets, especially the U.S.

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