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Factory

Exclusive-Letter from prison: South Korean chip exec denies stealing Samsung data for China factory

June 29, 2023
Exclusive-letter from prison: south korean chip exec denies stealing samsung data for china factory - photo licensed by shore news network.

By Heekyong Yang and Ju-min Park SEOUL (Reuters) – A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to …

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China’s factory activity seen contracting for third month in June: Reuters poll

June 29, 2023June 28, 2023
China's factory activity seen contracting for third month in june: reuters poll - photo licensed by shore news network.

By Joe Cash BEIJING (Reuters) – China’s factory activity likely contracted for a third straight month in June, albeit at a marginally slower pace, a …

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BOJ tankan Q2 factory mood likely perked up for first time since 2021: Reuters poll

June 22, 2023
Boj tankan q2 factory mood likely perked up for first time since 2021: reuters poll - photo licensed by shore news network.

By Kantaro Komiya TOKYO (Reuters) – Japan’s factory sentiment likely improved in the second quarter for the first time since mid-2021, thanks to an eased …

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Intel to invest $25 billion in Israel factory in record deal, Netanyahu says

June 18, 2023
Intel to invest $25 billion in israel factory in record deal, netanyahu says - photo licensed by shore news network.

JERUSALEM (Reuters) -U.S. chipmaker Intel Corp will spend $25 billion on a new factory in Israel, Prime Minister Benjamin Netanyahu said on Sunday, calling it …

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Investigation continues into South River factory blaze

June 16, 2023
Investigation continues into south river factory blaze - photo licensed by shore news network.

SOUTH RIVER, NJ -Last Tuesday, at around 10:35 pm, the South River Police Department was dispatched to Herman Street and Water Street following a report …

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Tumbling exports feed worker unrest in world’s factory China

June 14, 2023
Tumbling exports feed worker unrest in world's factory china - photo licensed by shore news network.

By Laurie Chen BEIJING (Reuters) – Strikes at Chinese factories have surged to a seven-year high and are expected to become more frequent as weak …

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Canadian factory activity slips back into contraction in May

June 1, 2023
Canadian factory activity slips back into contraction in may - photo licensed by shore news network.

By Fergal Smith TORONTO (Reuters) – Canadian manufacturing activity slowed in May as high inflation and inventory cutting held back customer demand, but in a …

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South African factory activity contracts for 4th straight month – Absa PMI

June 1, 2023
South african factory activity contracts for 4th straight month - absa pmi - photo licensed by shore news network.

JOHANNESBURG (Reuters) – South African manufacturing activity contracted for the fourth consecutive month in May, with a particularly steep decline in expected business conditions, a …

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Euro zone factory downturn deepens in May despite price cuts

June 1, 2023
Euro zone factory downturn deepens in may despite price cuts - photo licensed by shore news network.

LONDON (Reuters) – The downturn in euro zone manufacturing activity deepened in May as demand slumped despite factories cutting prices for the first time since …

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Russia’s factory activity expands for 13th month running in May

June 1, 2023
Russia's factory activity expands for 13th month running in may - photo licensed by shore news network.

(Reuters) – Activity in Russia’s manufacturing sector increased for the 13th month running in May and employment rose at its sharpest pace in more than …

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India’s May factory activity grows at fastest pace since Oct 2020

June 1, 2023
India's may factory activity grows at fastest pace since oct 2020 - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – India’s factory output expanded at the quickest pace since October 2020 last month thanks to strong demand and output, …

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South Korea factory activity slumps into longest downtrend since early 2009 – PMI

May 31, 2023
South korea factory activity slumps into longest downtrend since early 2009 - pmi - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s factory activity shrank for an 11th consecutive month in May, slumping into its longest downtrend in 14 years, a survey …

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Japan’s factory activity expands first time in 7 months – PMI

May 31, 2023
Japan's factory activity expands first time in 7 months - pmi - photo licensed by shore news network.

TOKYO – Japan’s factory activity expanded in May for the first time in seven months thanks to increases in output and new orders and buoyed …

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Marketmind: China factory fright, dollar surges

May 31, 2023
Marketmind: china factory fright, dollar surges - photo licensed by shore news network.

A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling saga nearly over, the state of …

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Thai April factory output drops 8% y/y, worse than forecast

May 31, 2023
Thai april factory output drops 8% y/y, worse than forecast - photo licensed by shore news network.

BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as exports slowed and production costs …

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China’s factory activity likely contracts in May – Reuters poll

May 29, 2023
China's factory activity likely contracts in may - reuters poll - photo licensed by shore news network.

BEIJING (Reuters) – China’s factory activity likely contracted further in May, a Reuters poll showed on Monday, adding to pressures facing the world second-biggest economy …

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Canada April factory sales most likely down 0.2% – Statscan flash estimate

May 25, 2023
Canada april factory sales most likely down 0. 2% - statscan flash estimate - photo licensed by shore news network.

OTTAWA (Reuters) – Canadian factory sales most likely fell 0.2% in April from March, largely driven by the food and primary metal industries, Statistics Canada …

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New York factory activity slumps in May – NY Fed

May 15, 2023
New york factory activity slumps in may - ny fed - photo licensed by shore news network.

WASHINGTON (Reuters) – The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State plunged in May, but the …

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Tesla says its Texas factory hits output of 5,000 Model Ys per week

May 9, 2023
Tesla says its texas factory hits output of 5,000 model ys per week - photo licensed by shore news network.

BERKELEY, California (Reuters) – Tesla said on Tuesday that its Texas factory achieved production of 5,000 Model Y vehicles per week, meaning that it would …

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US factory orders rebound on aircraft in March

May 2, 2023
Us factory orders rebound on aircraft in march - photo licensed by shore news network.

WASHINGTON (Reuters) – New orders for U.S.-made goods rebounded in March, boosted by a jump in civilian aircraft bookings, but the overall manufacturing industry continued …

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South African factory activity contracts less in April – Absa PMI

May 2, 2023
South african factory activity contracts less in april - absa pmi - photo licensed by shore news network.

JOHANNESBURG (Reuters) – South African manufacturing activity contracted again in April but less than in February and March, helped by companies building up inventories, a …

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UK factory activity shrinks in April but cost pressures ease -PMI

May 2, 2023
Uk factory activity shrinks in april but cost pressures ease -pmi - photo licensed by shore news network.

By Suban Abdulla LONDON (Reuters) – British factory output and new orders contracted at the start of the second quarter of 2023, but manufacturers were …

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Turkish factory activity growth gathers pace in April -PMI

May 2, 2023
Turkish factory activity growth gathers pace in april -pmi - photo licensed by shore news network.

ISTANBUL (Reuters) – Growth in new orders and output helped Turkish factory activity expand at a faster pace in April, as the sector continued its …

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Russian factory activity expands in April as export orders pick up

May 2, 2023
Russian factory activity expands in april as export orders pick up - photo licensed by shore news network.

MOSCOW (Reuters) – Activity in Russia’s manufacturing sector grew for the 12th month running in April, and new export orders ended a 14-month sequence of …

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South Korea factory activity shrinks in April, marks longest downturn in 6 years – PMI

May 1, 2023
South korea factory activity shrinks in april, marks longest downturn in 6 years - pmi - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s factory activity shrank for a 10th consecutive month in April and for its longest streak in six years, a survey …

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Japan’s factory activity contracts at slower pace in April – PMI

April 30, 2023
Japan's factory activity contracts at slower pace in april - pmi - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s factory activity contracted for the sixth straight month in April, but the details of a private survey released on Monday showed …

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Japan’s factory activity shrinks at slowest pace in six months – PMI

April 20, 2023
Japan's factory activity shrinks at slowest pace in six months - pmi - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s manufacturing activity shrank at the slowest pace in six months in April on a softer decline in sales, while the service-sector …

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New York factory activity rebounds in April-NY Fed

April 17, 2023
New york factory activity rebounds in april-ny fed - photo licensed by shore news network.

WASHINGTON (Reuters) – The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State increased for the first time …

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U.S. factory orders post second straight monthly decline in February

April 4, 2023
U. S. Factory orders post second straight monthly decline in february - photo licensed by shore news network.

WASHINGTON (Reuters) – New orders for U.S.-manufactured goods fell for a second straight month in February amid ebbing demand for civilian aircraft and there were …

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Euro zone factory downturn deepened in March -PMI

April 3, 2023
Euro zone factory downturn deepened in march -pmi - photo licensed by shore news network.

LONDON (Reuters) – Activity at struggling factories across the euro zone fell further last month as consumers feeling the pinch from rising living costs cut …

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Japan factory activity shrinks at slowest pace in five months -PMI

April 2, 2023
Japan factory activity shrinks at slowest pace in five months -pmi - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s factory activity shrank at the softest pace in five months in March due to an expansion of inventories, but still-weak global …

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China’s factory activity likely expanded at a slower pace in March – Reuters poll

March 29, 2023
China's factory activity likely expanded at a slower pace in march - reuters poll - photo licensed by shore news network.

BEIJING (Reuters) – China’s factory activity likely grew at a slower pace in March, a Reuters poll showed on Wednesday, suggesting the economic recovery is …

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Thai Feb factory output down 2.71% y/y, slightly better than forecast

March 28, 2023
Thai feb factory output down 2. 71% y/y, slightly better than forecast - photo licensed by shore news network.

BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in February dropped by 2.71% from a year earlier, as slowing global demand hurt exports, the industry …

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U.S. safety board opens probe into Pennsylvania chocolate factory blast that killed seven

March 28, 2023

WASHINGTON (Reuters) – The National Transportation Safety Board (NTSB) on Tuesday opened an investigation into Friday’s natural gas explosion and fire at a Pennsylvania chocolate …

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Ohio building fire damages historic Wright Brothers factory

March 28, 2023March 27, 2023
Ohio building fire damages historic wright brothers factory - photo licensed by shore news network.

(Reuters) – A fire that erupted at an industrial complex in Dayton, Ohio, over the weekend badly damaged an airplane factory built by the Wright …

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Chocolate factory blast in Pennsylvania kills two; five missing

March 25, 2023

(Reuters) – An explosion at a chocolate factory in Pennsylvania has killed two people with five others missing as rescue workers search through debris for …

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Chocolate factory explosion leaves two dead, nine missing in Pennsylvania

March 25, 2023March 24, 2023
Chocolate factory explosion leaves two dead, nine missing in pennsylvania - photo licensed by shore news network.

WEST READING, PA – Two people were dead and nine missing after an explosion ripped through a chocolate factory in West Reading, Pennsylvania, on Friday, …

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BOJ tankan to show Q1 factory mood hitting lowest since late 2020: Reuters poll

March 23, 2023
Boj tankan to show q1 factory mood hitting lowest since late 2020: reuters poll - photo licensed by shore news network.

By Kantaro Komiya TOKYO (Reuters) – Japan’s factory sentiment likely weakened in January-March to the lowest level since late 2020, a Reuters poll of economists …

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Japan’s factory activity contracts for fifth month – PMI

March 23, 2023
Japan's factory activity contracts for fifth month - pmi - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s manufacturing activity contracted for a fifth straight month in March as output and new orders remained under pressure, a survey showed …

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UK factory price expectations fall to lowest since March 2021 – CBI

March 22, 2023
Uk factory price expectations fall to lowest since march 2021 - cbi - photo licensed by shore news network.

LONDON (Reuters) – A gauge of British manufacturers’ inflation expectations fell to its lowest in two years after output slid again in the three months …

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Holcim acquires HM Factory to enter precast market in Poland

March 16, 2023
Holcim acquires hm factory to enter precast market in poland - photo licensed by shore news network.

ZURICH (Reuters) – Holcim on Thursday said it has acquired HM Factory, a provider of precast concrete products for an undisclosed sum. HM Factory, which …

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After strategic 787 wins, Boeing jet battle shifts to factory floor

March 15, 2023
After strategic 787 wins, boeing jet battle shifts to factory floor - photo licensed by shore news network.

By Valerie Insinna and Tim Hepher (Reuters) – A major purchase by Saudi Arabia caps sales of almost 200 Dreamliners over the past four months, …

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Turkish factory activity returns to expansion in January

March 7, 2023
Turkish factory activity returns to expansion in january - photo licensed by shore news network.

ANKARA (Reuters) – Turkey’s industrial production index is expected to have expanded 2.45% year-on-year in January, a Reuters poll showed on Tuesday, returning to growth …

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Mercedes-Benz begins building battery recycling factory in southern Germany

March 4, 2023
Mercedes-benz begins building battery recycling factory in southern germany - photo licensed by shore news network.

FRANKFURT (Reuters) – Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have …

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Rheinmetall in talks on building tank factory in Ukraine – report

March 4, 2023
Rheinmetall in talks on building tank factory in ukraine - report - photo licensed by shore news network.

FRANKFURT (Reuters) – German defence contractor Rheinmetall is in negotiations about building a tank factory in Ukraine, the newspaper Rheinische Post reported on Saturday, citing …

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Site of Tesla Mexico factory near double size of Texas plant, local official says

March 2, 2023
Site of tesla mexico factory near double size of texas plant, local official says - photo licensed by shore news network.

By Daina Beth Solomon MEXICO CITY (Reuters) – Tesla Inc’s planned factory in Mexico’s northern border state of Nuevo Leon will be built on a …

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South Korea February factory activity shrinks for eighth month

March 1, 2023
South korea february factory activity shrinks for eighth month - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s factory activity contracted for an eighth month in February, a survey showed on Thursday, highlighting weak domestic and global economic …

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Canadian factory activity rises to 7-month high on improving demand

March 1, 2023
Canadian factory activity rises to 7-month high on improving demand - photo licensed by shore news network.

TORONTO (Reuters) – Canadian manufacturing activity expanded at a faster pace in February as measures of output and new orders both rose to nine-month highs, …

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Euro zone factory output returned to growth in February -PMI

March 1, 2023
Euro zone factory output returned to growth in february -pmi - photo licensed by shore news network.

LONDON (Reuters) – Overall activity in the euro zone’s manufacturing sector contracted again in February but output increased for the first time since May as …

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Spanish factory output expands in Feb for first time since June 2022 -PMI

March 1, 2023
Spanish factory output expands in feb for first time since june 2022 -pmi - photo licensed by shore news network.

MADRID (Reuters) – Factory activity in Spain expanded in February for the first time since June as demand started to improve, boosting confidence about the …

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