Manufacturing Financial News
10.09 / 10:19
COST
UPS
Manufacturing
show
exclusive
How weight-loss drugs trounced a luxury giant, explained
Novo Nordisk’s operating profit soared 30% year-on-year in the first half of 2023. Both injectables contain the same active ingredient, semaglutide, that tricks the brain into thinking the stomach is full, driving down calorie intake, thereby leading to weight reduction. The drugs have reportedly helped reduce around 12% of body mass on average.
10.09 / 10:19
Provident
FIVE
Manufacturing
Mobile
Remark
performer
electronic
How robust industry outlook is boosting equity market growth?
manufacturing output. Historically, India has not been strongly oriented towards manufacturing as a core economic focus. However, the long-term policy is changing, giving equal importance to domestic industries.
10.09 / 09:51
UPS
Manufacturing
Mobile
country
Inside
Agency
Afghanistan is the fastest-growing maker of methamphetamine, UN drug agency says
Afghanistan is now the world's fastest-growing maker of methamphetamine
10.09 / 07:49
Lowe's
Manufacturing
Apple
Software
MacRumors
Apple iPhone
iPhone 15
Apple iPhone 15 Pro models to weigh lesser and offer improved battery life, says report
Apple is set to unveil its iPhone 15 line-up at its Wonderlust event on 12 September. The iPhone 15 range will include the iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max. The Apple iPhone 15 Pro and Pro Max will feature a slightly larger screen while reducing the bezels around the screen by 1/3 using a new manufacturing process called LIPO, or Low Injection Pressure Overmolding.
10.09 / 07:13
Reuters
Manufacturing
Strategy
show
stage
country
boost
US, Vietnam to boost ties as Biden visits, seek China hedge with chips, rare earths
Vietnam plan to elevate their relations as U.S. President Joe Biden visits the country from Sunday, with officials saying the focus of the talks will be semiconductors and critical minerals. The U.S.
10.09 / 05:15
UPS
Provident
Manufacturing
Fighting
Shell
country
Arsenal
Russia is turning to old ally North Korea to resupply its arsenal for the war in Ukraine
Russia needs to replenish its supplies of ammunition for what could be a long war of attrition. Along with ramping up its domestic arms production, Moscow is turning to an old ally with a vast arsenal — North Korea. Estimates say the reclusive and isolated Asian country has tens of millions of artillery shells and rockets that could give a huge boost to the Russian army. United States officials expect North Korean leader Kim Jong Un to visit Russia in the coming days to seal a possible deal on munitions transfer with President Vladimir Putin.
10.09 / 05:07
Digital
Amazon
Manufacturing
TikTok
show
beautiful
TikTok's new Amazon copycat Shop is full of cheap Chinese goods
TikTok’s Shop marketplace, the video app’s biggest bet for new revenue growth, has gone live for some users in the US. So far, it’s a showcase for cheap goods from China. The social media app’s Shop option, prominently displayed between the For You and Following feeds where users watch videos, presents a never-ending scroll of “recommended” random products, according to an early version reviewed by Bloomberg, from a $2.99 Nike sweatshirt that appears counterfeit to a $6.99 statue of a “naughty dwarf” sitting on a toilet.
10.09 / 05:07
UPS
Waves
Manufacturing
show
performer
services
China services activity weakens, eurozone economy barely expands triggering stagflation concerns
China weakened last month, underscoring the precarious nature of the nation’s recovery. Separate data showed the euro-area economy barely expanded in the second quarter, which may feed policymakers’ worries about stagflation taking hold. Meantime, South Africa’s economy grew by more than expected in the period, driven by finance and manufacturing. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:
10.09 / 04:15
Provident
Manufacturing
Platform
country
IIT Council signs MoU with Association of American Universities to establish Indo-US Global Challenges Institute
G20 summit being held in New Delhi. According to a statement on Sunday, the institute will seek to address some of the most consequential economic, environmental, and technological challenges that have the potential to affect the security, prosperity, and stability of both countries.
10.09 / 03:25
Cooper
Manufacturing
US President
G20 Summit: 'G20 can still drive solutions to our most pressing issues,’ says US President Joe Biden
Joe Biden on Sunday said that this year’s Summit proved that the G20 can still drive solutions to our most pressing issues. Taking to X, Biden tweeted, “At a moment when the global economy is suffering from the overlapping shocks of the climate crisis, fragility, and conflict, this year’s Summit proved that the G20 can still drive solutions to our most pressing issues." Earlier on Saturday, US President Biden highlighted the significance of the India-Middle East-Europe Corridor and affirmed the United States' commitment to collaborating with its allies to support the development of sustainable and robust infrastructure while prioritizing high-quality infrastructure investments.
10.09 / 02:35
UPS
Manufacturing
country
rock
US-Vietnam relations deepen amid growing concerns over China's influence
AFP reported. After departing from the G20 summit in New Delhi, Biden is scheduled to hold a meeting with Nguyen Phu Trong, the leader of Vietnam's ruling Communist Party. During this visit, it is anticipated that they will formalize a "comprehensive strategic partnership," marking the highest level of diplomatic relations between Hanoi and Washington.
09.09 / 19:17
Provident
Citizens
Manufacturing
CEO
Align
country
Bharat 6G Alliance inks pact with Next G Alliance to explore 6G wireless technology for telecom sector, supply chains
Alliance and the Bharat 6G Alliance announced on September 9 they have signed a memorandum of understanding (MoU) to explore collaboration opportunities on 6G wireless technologies. The work will encompass aligning research and development priorities that support a common 6G vision and creating secure and trusted telecommunications as well as resilient supply chains, according to the statement. Launched by the ATIS, the Next G Alliance is an initiative to advance North American wireless technology leadership over the next decade through private sector-led efforts with the initial focus on 6G.
09.09 / 16:35
BLOCK
Manufacturing
stage
settlement
reform
2024
G20 leaders commit to reform WTO’s dispute settlement system by 2024
World Trade Organization's dispute settlement system, which has been dysfunctional since 2019, leading to protectionism in global trade by 2024, as per a joint declaration released on Saturday. “We reiterate the need to pursue WTO reform to improve all its functions through an inclusive member-driven process, and remain committed to conducting discussions with a view to having a fully and well-functioning dispute settlement system accessible to all members by 2024," the G20 New Delhi Leaders’ Declaration said.
09.09 / 14:13
Lowe's
BLOCK
Manufacturing
Remark
Amicus
country
Supreme Court to decide fate of Mifepristone: A deep dive into Texas abortion medication lawsuit
mifepristone, a drug developed by Danco Laboratories, and the subject of a contentious legal battle that could shape the future of abortion access in the United States. Here, we delve into the critical aspects of mifepristone, its role in medication abortions, and the ongoing legal debate surrounding it.
09.09 / 13:59
UPS
MET
Digital
Manufacturing
stage
electronic
PC manufacturers meet MeitY officials on import curbs, seek solutions
import licensing requirements accompanied by a quota, the industry stakeholders have met IT Ministry officials to seek solutions on the matter. The meeting discussed proposed changes, like linking the import of IT hardware to the local manufacturing of a company value and its export value of electronic items, according to sources.
09.09 / 13:47
UPS
SUN
Manufacturing
country
G20 Declaration stresses on sustainable supply chain energy transition
semiconductors and technologies." Mint earlier reported that G20 summit may pass a marquee declaration to ensure energy and supply chain security including for critical minerals. The declaration also recognized the importance to accelerate the development, deployment and dissemination of technologies, and the adoption of policies, to transition towards low-emission energy systems, including by rapidly scaling up the deployment of clean power generation, including renewable energy, as well as energy efficiency measures, including accelerating efforts towards phasedown of unabated coal power, in line with national circumstances and recognizing the need for support towards just transitions.
09.09 / 12:39
Manufacturing
Action
Apple
COMPOSITE
concert
Here’s Something Past Its Expiration Date: the Expiration Date Itself
climate change. Ah, but these food-safety regulations keep us safe, you might say. Yet in almost all cases, there is no regulation and the dates do nothing to keep us safe.
09.09 / 12:39
UPS
Provident
Manufacturing
Celebrity
country
Discounts
Discounts on Maruti Suzuki WagonR, Swift and Alto K10 this September up to ₹60,000
Maruti Suzuki is presenting substantial discounts on its Arena models in September. As part of this promotion, the country's leading car manufacturer is extending discounts and advantages of up to ₹59,000 on a selection of eight models available at Arena dealerships. These benefits encompass cash discounts, exchange bonuses, and corporate discounts.
09.09 / 11:17
UPS
Provident
Manufacturing
Metro
cover
boost
College Football Provides an Economic Boost for Local Communities
College football is known for its frenzied fans who come from far and wide to watch regional conference games, but more than just entertainment, these events create a significant economic impact on their individual regions, which may improve as regions become less defined.
09.09 / 09:49
UPS
Digital
Manufacturing
Apple
show
country
end
Apple set to end 2023 with 7% market share for iPhones in Android-dominated India
iPhones are set to garner 7 per cent market share in the Android-dominated smartphone market in India this year, latest data showed on Saturday, as the tech giant gears up to globally launch its flagship devices next week. Apple iPhone shipments grew 68 per cent (year-on-year) in the first half of this year in the country.
09.09 / 09:49
UPS
Manufacturing
Mobile
Toyota
show
International
20 EV makers to display cars, bikes & buses in UP international trade show
Uttar Pradesh government is all set to hold the UP international trade show from September 21 to 25 in Noida. According to a Times of India report, around 20 manufacturers of electric vehicles (EV) will participate in the show. As per a report in the Times of India, EV manufacturers like Kia, Mahindra, Tata Motors, Maruti, Toyota, BMW, SKODA, and Force Motor will showcase their products, to promote the use of electric vehicles in the city. The state transport department has also been told to arrange for an EV zone.
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