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...She added that Greenko Energy Holdings, a Hyderabad-based company, was granted a similar contract to exploit lithium last year....
...The potato processor that supplies McDonald's with french fries slashed its financial guidance, as it grappled with softer restaurant demand for its products and a bigger than expected disruption to its...
...The company confirmed it was raising the price on its Model Y SUV by Rmb5,000 ($695) from April 1....
...Gargiulo noted: “If boycotts were a concern for McDonald’s chief executive, investors are basically asking, why shouldn’t they be a concern for Starbucks?”...
...But that began to drop off from the late 1980s amid a manufacturing exodus that saw many companies — in fashion as well as other industries — offshore production to competitively priced countries such as...
...McDonald’s has reported weaker than expected same-store sales in its fourth quarter, as the fast-food chain became the latest company to warn that boycotts related to the war in Gaza have hurt its business...
...Shares of the company were down 0.4 per cent on Thursday....
...Elon Musk’s pioneering electric car company faces slowing demand and a brutal price war. Shareholders also want to know about a plan to move company headquarters from Delaware to Texas....
...Tavares raised doubts over the Fiat factory in Turin, home to the company’s founding Agnelli family, and a plant near Naples if Giorgia Meloni’s government refused to further subsidise electric vehicles....
...The deal comes about six years after McDonald's sold 80 per cent of its China operations to a private equity consortium including Citic, a Chinese state-owned investment company, and Carlyle in a deal valued...
...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....
...Inflation, while it refuses to get all the way to target, has come down a lot. Borden’s comments came as enough of a surprise that McDonald’s shares fell almost 4 per cent on the day....
...The US manufacturing sector in March expanded for the first time in a year and a half as companies increased production and demand rebounded....
...McDonald’s has also been hit by accusations of a toxic work culture in its home market of the US....
...McDonald’s warned of a slowdown among lower-income customers. It said foot traffic in the US suffered a “slight dip” during the quarter....
...“For example, our memory chip companies would be the main beneficiaries of a breakthrough whereby AI chips would more closely resemble the workings of a human brain....
...Read a transcript of this episode on FT.com...
...Just 5.2 per cent of global buyouts in the first nine months of this year have targeted Chinese companies, down from 10.6 per cent in 2021 and 5.7 per cent last year, according to a report by the law firm...
...Companies reduced headcount through attrition and hiring freezes, and job cuts. Still, a rebound in the sector is expected this year....
...“A wide range of growth initiatives across the group is now starting to deliver,” he said. The company expects full-year organic sales growth in a range of about 4 per cent for the full 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...
...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...
..., which will be a joint venture between the companies....
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