Ukrainian President Tours American War Complex Factory Making Artillery Shells in Pennsylvania
SCRANTON, PA – This weekend, during a tour of the Scranton Army Ammunition Plant in Pennsylvania, Ukrainian President Volodymyr Zelenskyy expressed his gratitude for the artillery shells and other munitions being produced…
Euro zone factory downturn deepened in March -PMI
LONDON (Reuters) – Activity at struggling factories across the euro zone fell further last month as consumers feeling the pinch from rising living costs cut back, according to a survey which did…
Japan factory activity shrinks at slowest pace in five months -PMI
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 and domestic demand conditions meant the post-COVID…
China’s factory activity likely expanded at a slower pace in March – Reuters poll
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 uneven in the light of weak global…
Thai Feb factory output down 2.71% y/y, slightly better than forecast
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 ministry said on Wednesday. The figure compared…
U.S. safety board opens probe into Pennsylvania chocolate factory blast that killed seven
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 factory that killed seven. The NTSB said…
Ohio building fire damages historic Wright Brothers factory
(Reuters) – A fire that erupted at an industrial complex in Dayton, Ohio, over the weekend badly damaged an airplane factory built by the Wright Brothers in the years after their historic…
Chocolate factory blast in Pennsylvania kills two; five missing
(Reuters) – An explosion at a chocolate factory in Pennsylvania has killed two people with five others missing as rescue workers search through debris for survivors, emergency services said on Saturday. The…
Chocolate factory explosion leaves two dead, nine missing in Pennsylvania
WEST READING, PA – Two people were dead and nine missing after an explosion ripped through a chocolate factory in West Reading, Pennsylvania, on Friday, officials said. The blast sent flames, smoke,…
BOJ tankan to show Q1 factory mood hitting lowest since late 2020: Reuters poll
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 showed on Friday, in a fresh sign…
Japan’s factory activity contracts for fifth month – PMI
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 on Friday, suggesting the economic recovery is…
UK factory price expectations fall to lowest since March 2021 – CBI
LONDON (Reuters) – A gauge of British manufacturers’ inflation expectations fell to its lowest in two years after output slid again in the three months to March, the Confederation of British Industry’s…
Holcim acquires HM Factory to enter precast market in Poland
ZURICH (Reuters) – Holcim on Thursday said it has acquired HM Factory, a provider of precast concrete products for an undisclosed sum. HM Factory, which makes products used in walls, staircases and…
After strategic 787 wins, Boeing jet battle shifts to factory floor
By Valerie Insinna and Tim Hepher (Reuters) – A major purchase by Saudi Arabia caps sales of almost 200 Dreamliners over the past four months, handing Boeing Co major industrial and political…
Turkish factory activity returns to expansion in January
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 after two months of contraction. Industrial activity…
Mercedes-Benz begins building battery recycling factory in southern Germany
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 an annual capacity of 2500 tonnes and…
Rheinmetall in talks on building tank factory in Ukraine – report
FRANKFURT (Reuters) – German defence contractor Rheinmetall is in negotiations about building a tank factory in Ukraine, the newspaper Rheinische Post reported on Saturday, citing an interview with CEO Armin Papperger. Rheinmetall…
Site of Tesla Mexico factory near double size of Texas plant, local official says
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 site spanning several thousand acres, almost twice…
South Korea February factory activity shrinks for eighth month
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 conditions even though the downturn in output…
Canadian factory activity rises to 7-month high on improving demand
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, while inflation pressures continued to ease, data…
Euro zone factory output returned to growth in February -PMI
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 supply chains continued to heal, a survey…
Spanish factory output expands in Feb for first time since June 2022 -PMI
MADRID (Reuters) – Factory activity in Spain expanded in February for the first time since June as demand started to improve, boosting confidence about the business outlook, a survey showed on Wednesday.…
Russian factory activity expands at quickest rate in six years in Feb -PMI
MOSCOW (Reuters) – Activity across Russia’s manufacturing sector expanded at its fastest rate in six years in February, driven by upticks in production and new sales, while higher input costs added to…
Japan factory activity shrinks the most in 2-1/2 years
TOKYO (Reuters) – Japan’s factory activity shrank in February at the fastest pace in over two years, a private survey showed, highlighting companies’ struggles amid a global economic slowdown, raw material inflation…
The road to Tesla’s first Mexico factory
By Brendan O’Boyle MEXICO CITY (Reuters) – Electric car maker Tesla Inc has chosen the northern Mexican state of Nuevo Leon as the site for its first plant in the country, Mexican…
Vietnam’s factory output rises in February, exports up 11%
HANOI (Reuters) – Vietnam’s exports rose 11% in February from a year earlier, and the country’s industrial output increased 3.6% in the same month, according to data released by the country’s statistics…
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