Manufacturing Financial News
17.08 / 15:21
UPS
Digital
Manufacturing
Strategy
country
Need a charge? Canada’s $5-billion battery plant is looking for employees
A $5-billion electric-vehicle (EV) battery plant being constructed in Windsor, Ont., by a company backed by Netherlands-based automaker Stellantis NV and South Korea-based LG Energy Solution Ltd. is now well into its hiring process.
17.08 / 14:45
Provident
FIVE
Manufacturing
Walmart
Recall
reports
Over 1.5 million dehumidifiers are under recall after fire reports. Here's what you need to know
More than 1.5 million dehumidifiers are under recall following reports of nearly two dozen fires, the U.S. Consumer Product Safety Commission said Wednesday
17.08 / 14:35
UPS
Target
Manufacturing
UBS
country
India’s growth could rise to 6.25-6.75% by 2030 owing to supply chain shifts and reforms: UBS
supply chain shift happening owing to the US-China trade war, deglobalization and pandemic disruptions, according to a UBS report. While the report released Thursday noted that no single country could replicate China’s success in manufacturing, it said that India could benefit from supply chain shifts and reforms, which could also result in job creation. “Growth could rise to 6.25-6.75% YoY by 2030 under an optimistic scenario and 6.75-7.25% YoY under a blue-sky scenario, leading to job creation,” Tanvi Gupta Jain, chief India economist, UBS, noted.
17.08 / 14:33
UPS
Reuters
Manufacturing
show
U.S. Mid-Atlantic manufacturing sky-rockets to 16-month high
By Safiyah Riddle
17.08 / 14:05
Citi
Provident
Waters
Manufacturing
Pool
Parke
stage
Provident Housing Limited to invest over Rs 3800 crore to develop a residential project
Provident Housing Limited, a wholly-owned subsidiary of the Puravankara Group, plans to invest over Rs 3800 crore to develop a 5.8 mn sq ft residential project over the next four years, with a focus on sustainable living as it embarks on the next phase of growth. The firm will launch its first project Provident Ecopolitan with an investment of over Rs 450 crore, located in Aerospace Park in North Bengaluru. The proposed project has 956 apartments in 1, 2 and 3 BHK configurations ranging from 625 sq.
17.08 / 13:37
UPS
Target
Ripple
Manufacturing
Remark
country
veteran
China's economic model is 'washed up on the beach,' says veteran investor David Roche
China's economic model is «washed up on the beach» and «not going to take off again,» which will have a big impact on global markets, says veteran investor David Roche.
17.08 / 13:35
COST
Provident
Manufacturing
Airlines
Boeing
awards
plane
Air Force awards a start-up company $235 million to build an example of a sleek new plane
The U.S. Air Force is throwing its support behind a program to develop a sleek, futuristic-looking jet that could provide greater range and efficiency for military tankers and cargo planes
17.08 / 13:13
Booking
Manufacturing
Align
Remark
India aims to become global leader in medical devices manufacturing: Mandaviya
New Delhi: Health minister Mansukh Mandaviya on Thursday emphasized the need for India to establish itself as a hub for manufacturing affordable, innovative, and high-quality medical devices. “India has been recognized as the 'Pharmacy of the World'.
17.08 / 13:13
Progressive
Manufacturing
Action
Align
Enterprise
performer
country
Govt to leverage annual performance reviews to ensure operational efficiency of CPSEs
New Delhi: The Centre is committed to ensuring optimal operational efficiency of Central Public Sector Enterprises (CPSEs) and will deploy annual performance reviews to achieve this, Union heavy industries minister Mahendra Nath Pandey said on Thursday. Pandey said performance reviews play a pivotal role in assessing CPSEs' progress and refining their operations.
17.08 / 12:59
Citi
Target
Manufacturing
Apple
AAPL
iPhone 15
Citi continues to recommend Apple as 'iPhone 15 launch catalyst is on'
Citi analysts maintained a Buy rating and $240 per share price target on Apple (NASDAQ:AAPL) in a note Thursday.
17.08 / 12:27
Digital
Manufacturing
Platform
cover
safe
Pandemic taught us that nobody is safe until everyone is safe: Union minister Bharati Pawar at G20 meet
Bharati Pawar said here on Thursday that the COVID-19 pandemic taught people that no one is safe until everyone is safe. The Minister of State for Health and Family Welfare also said that India's G20 Presidency has revolved around the philosophy of 'Vasudhaiva Kutumbakam' — the world is one family.
17.08 / 12:23
UPS
Provident
Manufacturing
CEO
Mercedes-Benz
Mercedes-Benz aims for 25% of car sales in India to be electric vehicles in next three years
electric vehicle market in India. The company anticipates that its electric vehicle (EV) lineup, both existing and future models, will constitute a quarter of its total car sales within the next three years, marking a substantial increase from the current figures of three to four percent. Mercedes-Benz recently introduced its new petrol/diesel SUV, the GLC, in Hyderabad.
17.08 / 12:23
Provident
Manufacturing
Enterprise
China Market Glossary: Key terms one should know about Chinese economy, latest market selloff
Global investors have raised concerns about China's economy as a confluence of recent events has darkened its economic outlook. To understand the China market sell-off in a better way, here is a glossary of terms one should know around Chinese markets: Beijing Stock Exchange: The stock exchange was established in September 2021 in Beijing, China. It is one of the three main stock exchanges operating in mainland China.
17.08 / 12:13
Provident
Reuters
Manufacturing
Volkswagen
Solomonic
US imports of auto parts face scrutiny under law on Chinese forced labour
Until now, enforcement of a year-old U.S. law that bans the import of goods made in Xinjiang, China, has focused mainly on solar panels, tomatoes and cotton apparel. But now, components that may include lithium-ion batteries, tires and major automobile raw materials aluminum and steel are increasingly subject to detentions at the border.
17.08 / 11:03
Manufacturing
NXP
Intel
show
country
Inside
Intel Shows Why Global Chip M&A Is off the Table
You can’t blame Intel for trying. You might be able to blame other tech giants for trying in the future. Intel has embarked on a risky and high-stakes journey to become a maker of chips designed by others.
17.08 / 11:03
UPS
FIVE
Manufacturing
country
U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada
International Trade Commission launched the investigation in January in response to a petition from the United Steelworkers union and Ohio-based Cleveland-Cliffs, which owns one of the few remaining tinplate plants in the U.S. They said cheap steel imports were hurting U.S. steelmakers and domestic jobs.
17.08 / 11:03
Provident
FIVE
Microsoft
Manufacturing
Mobile
AGRO
dividend
5 stocks that raised dividend payouts by over 30% in just 10 years
Companies that pay regular dividends are usually well-established and have a loyal customer base. Sometimes, they even come with strong fundamentals and low debt. Moreover, if the dividend payout keeps increasing, it means the profits are also increasing simultaneously.
17.08 / 10:45
Manufacturing
Mobile
Apple
Samsung
Sony
show
iPhone 15
iPhone 15 production reportedly cut ahead of September launch due to weak demand, increasing prices
Apple expects to sell fewer iPhone 15 models than was previously planned, according to a new report. The change in plans comes only days ahead of tentative launch which is pegged for September 12, 2023. The reasons behind the more conservative forecast are not surprising and have been doing the rounds for a while.
17.08 / 10:45
Facebook
Twitter
Manufacturing
LinkedIn
Align
Instagram
APL Apollo appoints Charu Malhotra as chief brand officer
The Board of Directors of APL Apollo, a steel tubes manufacturer, has announced the appointment of Charu Malhotra as the chief brand officer. Malhotra will be responsible for steering the brand’s purpose and ensuring unified communication that aligns with the business objectives across APL Apollo.
17.08 / 10:17
UPS
Manufacturing
Align
Corona
country
foreign
Premium
Surge of foreign liquor brands challenges local premium labels in Uttar Pradesh
Uttar Pradesh's liquor landscape is undergoing a transformation as an influx of foreign brands seeks to attract patrons of alcoholic beverages. The state has witnessed a significant surge in the total number of registered liquor brands, soaring to 3,854 during the fiscal year 2023-23 – marking a considerable increase from the previous year's count of 3,106. This trend is poised to introduce formidable competition for local premium brands, as international liquor labels continue to penetrate the retail sector.
17.08 / 10:15
Lowe's
Ball
Manufacturing
DAX
Fitch
show
European stocks lower on hawkish Fed minutes, China's woes; BAE slumps
Investing.com — European stock markets traded lower Thursday on growing worries around China’s stuttering economy and the potential for higher U.S. interest rates.
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