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…
UK factory output and export orders sag in December: CBI
LONDON (Reuters) – British factories’ output and export orders slid this month, according to a survey on Monday that underlined the troubles faced by the manufacturing sector, including high inflation and a…
Intel delaying German factory start, wants more subsidies, Volksstimme reports
BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in the first half of 2023, regional newspaper…
Japan Dec factory activity contracts at fastest pace in 26 months
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the fastest pace in more than two years in December on soft demand and persistent cost pressures, a corporate survey showed on Friday. While…
Marketmind: Factory gates
A look at the day ahead in U.S. and global markets from Mike Dolan. Wherever you think inflation is coming from, it’s not China – not yet at least. With markets eagerly…
Japan’s Q4 tankan factory mood set to weaken on inflation, global slowdown: Reuters Poll
By Kantaro Komiya TOKYO (Reuters) – Japanese manufacturers’ sentiment likely weakened in the last quarter of 2022 on sustained cost pressures and a bleaker global economic outlook, a Reuters poll of analysts…
Chocolate maker Barry Callebaut boosts investment in Canadian factory
ZURICH (Reuters) – Swiss chocolate maker Barry Callebaut is investing $70 million at one of its factories in Canada, the company said on Wednesday, its latest move to expand production in North…
Turkish factory activity barely expanded in October: Reuters Poll
ANKARA (Reuters) – Turkey’s industrial production index is expected to have barely expanded in October, a Reuters poll showed on Wednesday, with some economists expecting a contraction as a slowdown in some…
Canadian factory sector activity slows for fourth month
TORONTO (Reuters) – Canadian manufacturing activity weakened for a fourth straight month in November as worries that the economy would slip into recession undercut demand, but the pace of contraction and a…
Euro zone factory downturn eased in November, inflationary pressures moderated
LONDON (Reuters) – The downturn in manufacturing activity across the euro zone eased in November, according to a survey which suggests while the bloc’s factories still face a harsh winter it may…
Russia factory activity grows at fastest pace in almost six years in Nov – PMI
MOSCOW (Reuters) – Russia’s manufacturing sector expanded at its fastest pace in almost six years in November thanks to an increase in output and new orders, a business survey showed on Thursday,…
India Nov factory activity hits 3-month high as inflation cools
By Anant Chandak BENGALURU (Reuters) – India’s factory activity expanded at its fastest pace in three months in November, a private survey showed on Thursday, signalling resilient demand despite deteriorating global economic…
China’s factory activity shrinks in Nov amid widespread COVID curbs – Caixin PMI
BEIJING (Reuters) – China’s factory activity shrank in November as widespread COVID-19 curbs disrupted manufacturers’ output, a private sector survey showed on Thursday, weighing on employment and economic growth in the fourth…
South Korea Nov factory activity shrinks for 5th month, but downturn eases slightly – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a fifth straight month in November but the downturn moderated slightly, a private-sector survey showed on Thursday, possibly suggesting the worst is over…
South Korea Oct factory output drops at fastest pace since May 2020
SEOUL (Reuters) – South Korea’s factory output dropped in October by more than expected and at the fastest pace in nearly 2-1/2 years, government data showed on Wednesday, amid weakening demand due…
China’s factory activity contraction likely deepened in Nov on COVID woes: Reuters Poll
BEIJING (Reuters) – China’s factory activity is expected to have contracted further this month, piling pressure on the economy as COVID restrictions hit production and exports fell despite a flurry of stimulus…
UK factory gate inflation higher than thought after ONS finds error
LONDON (Reuters) – Britain’s Office for National Statistics on Friday revised up its producer price inflation figures because of an error, meaning factory gate inflation this year has been higher than thought…
Japan factory output seen down for second month in sign of patchy recovery- Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s factory output likely fell for a second straight month in October, while retail sales probably grew at the fastest pace since May 2021, according to…
UK factory orders weaken, outlook darkens: CBI survey
LONDON (Reuters) – British industrial orders weakened a little in November and manufacturers were gloomy about the outlook for the coming months, a survey showed on Thursday. The Confederation of British Industry’s…
Philadelphia Fed factory activity index drops unexpectedly
(Reuters) – A gauge of manufacturing activity in the U.S. mid-Atlantic region fell unexpectedly this month to its lowest level – outside of the coronavirus pandemic – since 2011 as firms reported…
First Solar picks Alabama for new solar factory
(Reuters) – Top U.S. solar panel manufacturer First Solar Inc on Wednesday said it has chosen Alabama as the home of its fourth domestic factory, giving the state a $1.1 billion investment…
Canada September factory sales flat on aerospace, metals
Nov 15 (Reuters) – Canadian factory sales were unchanged in September from August as higher sales in aerospace products and primary metals balanced out lower sales in petroleum and coal products, Statistics…
U.S. factory orders rise moderately in September
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased moderately in September as a surge in bookings for civilian aircraft was partially offset by declines elsewhere, suggesting a loss of momentum in…
French factory activity shrank in Oct more than first estimated – final PMI
PARIS (Reuters) – Activity in France’s manufacturing sector weakened in October by more than initially estimated, according to a monthly survey, as inflationary pressures weighed on the euro zone’s second-biggest economy. S&P…
China’s Oct factory activity shrinks as COVID curbs hit output, demand – Caixin PMI
BEIJING (Reuters) – China’s factory activity weakened in October as protracted COVID-19 restrictions disrupted production and subdued demand, a private-sector survey showed on Tuesday, suggesting a weaker economic recovery in the fourth…
Japan Oct factory growth hits 21-month low as China conditions worsen -PMI
TOKYO (Reuters) – Japan’s manufacturing activity grew at its slowest pace in 21 months in October on marked declines in output and overall new orders, as exports were partly hurt by worsening…
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