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...“We know that China is a hotbed for EV manufacturing at the moment,” he added....
...The disgrace visited on Jes Staley by a provisional ban and fine of £1.8mn from the UK’s financial regulator is lessened by another reality: the ex-Barclays boss was never going to get a job at any other...
...Staley also said he visited Epstein in Florida in 2009 when Epstein was serving a prison sentence for procuring a child for prostitution because he was a “loyal person” and “just to show support”....
...The FCA cited this email as evidence that Staley had misled Barclays’ board into writing a letter that “claimed that Mr Staley did not have a close relationship with Mr Epstein”....
...inherited from his mentor Staley....
...The S&P Global UK manufacturing purchasing managers’ index rose to a 20-month high of 50.3 in March, up from 47.5 in February and above the flash reading of 49.9....
...The National Bureau of Statistics on Tuesday reported a 6.1 per cent rise in industrial production and a nearly 10 per cent increase in manufacturing investment, which helped bolster a better than expected...
...The US manufacturing sector in March expanded for the first time in a year and a half as companies increased production and demand rebounded....
...The new EV models — Vauxhall/Opel Vivaro Electric, Peugeot E-Expert, Citroën ë-Dispatch and Fiat Professional E-Scudo — are expected to account for about a tenth of the site’s output initially....
...Lawyers for Staley did not immediately respond to a request for comment. Staley had denied any wrongdoing and described JPMorgan’s allegations as “slanderous” and “baseless but serious”....
...There have been a slew of companies that have tried this cross-border e-commerce model, shipping packages directly to US and European consumers....
...This is likely to drive more local manufacturing by Chinese groups, it added....
...Companies reduced headcount through attrition and hiring freezes, and job cuts. Still, a rebound in the sector is expected this year....
...Had it not been for a change to its depreciation policies, the company would have reported a staggering loss of $11.2bn from manufacturing last year on sales of $18.9bn....
...Since taking the helm at the company three years ago, Gelsinger has attempted to restore the company’s leadership in the most advanced manufacturing processes, while at the same time turning it into an attractive...
...The government funding for chip manufacturing, which was passed by Congress in 2022, is part of Biden’s sweeping agenda to revitalise domestic manufacturing in areas ranging from clean energy to semiconductors...
...But companies such as EMVision have been few and far between in Australia, where manufacturing has taken a back seat to huge primary industries based on resources and agriculture....
...“unicorn” valuation above $1bn.In September, the New York Stock Exchange said it would delist Bird, which went public via a blank-cheque company in 2021, after its market capitalisation fell below a $15mn...
...in manufacturing....
...Now the company has resumed one of those projects: increasing in-house manufacturing to shorten delivery times....
..., which will be a joint venture between the companies....
...Ifo said improved sentiment in the services and construction sectors offset a gloomier outlook in manufacturing and retail trade....
...Private equity has a chequered record backing UK casual dining chains. Apollo itself has been burnt before. It backed US chain Chuck E....
...Staley has strongly denied involvement in Epstein’s sex crimes. Epstein died in 2019 in New York while awaiting trial on federal charges of sex trafficking. His death was ruled a suicide....
...“Nordic companies, particularly in manufacturing, have a huge exposure, directly or indirectly,” says Sundling....
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