(Reuters) – Electric-vehicle maker Lucid Group said on Wednesday it had opened its first international manufacturing plant in Saudi Arabia’s Jeddah city, under a deal designed to further the Middle…
Factory Hailed As A Biden Success Story Now Hampered By Key Democratic Voting Bloc Nick Pope on September 25, 2023 A factory in Arizona that President Joe Biden once hailed…
TOKYO (Reuters) – Japan’s factory activity contracted for the fourth straight month and the service sector growth slipped to an eight-month low, a survey showed on Friday, highlighting the challenges…
By Maggie Fick LONDON (Reuters) -U.S. drug regulators issued a report detailing quality control lapses at Novo Nordisk’s main factory in North America as early as May last year, according…
By Amina Niasse (Reuters) – Manufacturing activity in New York State accelerated moderately in September, topping expectations for a continued slowdown as new orders and shipments increased. The New York…
COPENHAGEN (Reuters) -Sweden’s Volvo will begin serial production of heavy battery electric trucks at its Ghent factory in Belgium, the truckmaker said in a statement on Thursday. The Ghent factory…
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – A U.S. factory construction boom driven by tax credits in the Inflation Reduction Act (IRA) is helping Mitsubishi UFJ Financial Group…
MEXICO CITY (Reuters) – A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over the next two years in a factory that…
By Fergal Smith TORONTO (Reuters) – Contraction in Canada’s manufacturing sector gathered pace in August as production and new orders declined, data showed on Friday, in a potential sign that…
LONDON (Reuters) – British factories in August suffered their weakest month since early in the COVID-19 crisis, with orders shrinking dramatically due to the rise in interest rates at home…
LONDON (Reuters) – The downturn in euro zone manufacturing eased last month, suggesting the worst may be over for the bloc’s beleaguered factories although demand weakened to its lowest in…
MOSCOW (Reuters) – Russian factory activity grew at the strongest rate in three months in August as new orders gained momentum, although the weak rouble added to the inflationary pressure…
BEIJING (Reuters) – China’s factory activity surprisingly returned to expansion in August, a private-sector survey showed on Friday, with supply, domestic demand and employment improving, suggesting official efforts to revive…
By Jihoon Lee SEOUL (Reuters) – South Korea’s factory activity weakened at a faster pace in August, extending its longest-ever slump by another month as export orders fell again, a…
TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August, a survey showed on Friday, as manufacturers were squeezed by cost pressures from raw material inflation…
BANGKOK (Reuters) – Thailand’s factory output shrank slightly more than expected in July as sluggish global demand pinched exports, a ministry official said on Thursday. The manufacturing production index (MPI)…
By Stefanno Sulaiman CIKARANG, Indonesia (Reuters) – U.S. food and beverage maker PepsiCo began building a snack factory in Indonesia’s West Java on Wednesday, marking its return to Southeast Asia’s…
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s exports in August fell 7.6% from a year earlier, official data showed on Tuesday, making a sixth straight month of decline…
TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August amid higher oil prices and uncertainty over the global economic outlook, although the pace of decline…
LONDON (Reuters) – British manufacturing output dropped over the three months to August by the most in almost three years, according to an industry survey on Tuesday that pointed to…
MEXICO CITY (Reuters) – Mexico said on Friday it has notified the United States that it will not carry out a requested review of labor rights concerns at Grupo Yazaki’s…
Company Building EV Battery Factory Near US Military Installations Listed As Chinese Principal, Filings Show Philip Lenczycki on August 18, 2023 The California energy company slated to build a battery…
WASHINGTON (Reuters) – New orders for U.S.-made goods surged in June, boosted by strong demand for transportation equipment and other goods, showing some pockets of strength in manufacturing despite higher…
Chinese EV Company Buys Up Michigan Land For Battery Factory Despite Public Backlash Nick Pope on August 2, 2023 Gotion, a Chinese Communist Party (CCP)-linked electric vehicle (EV) company, announced…
By Fergal Smith TORONTO (Reuters) – Canada’s manufacturing sector contracted for the third straight month in July as an uncertain economic outlook held back new orders, offsetting a pickup in…