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...The company added it remained committed to the UK and said owner Jingye “continues to stand resolutely by our side after ensuring we overcame the significant financial challenges posed by Brexit, the pandemic...
...After Singapore, the company headed to Vietnam, Laos, Cambodia, Malaysia and Indonesia....
...The challenge for UK manufacturers is scale. “How do you replicate the mass volume that China can produce in a country that has largely closed down all of its manufacturing capabilities?...
...Dave Atkinson, regional director and UK head of manufacturing at Lloyds Bank, said: “With another rise [in activity] in March, manufacturers are navigating economic challenges and remain optimistic about...
...Since then, however, Chinese tech companies have caught up with their Korean competitors in almost every area except the most advanced semiconductors, meaning that Chinese companies that were once customers...
...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....
...While the company has long had ambitions to enter the car market, some experts have previously questioned how it could succeed in the face of US sanctions....
...“There is a challenge to bridge the gap for the people on the factory floor who have just run out of work . . . you can’t keep all those people twiddling their thumbs for 12-18 months,” Clarke said....
...In an interview days before her two-year anniversary as CEO, Sistani described the challenge she faces as less financial than strategic: to pull off a business pivot as profound as those that have convulsed...
...“Australian manufacturing has declined, but those companies that have survived are more resilient,” he said....
...The US manufacturing sector in March expanded for the first time in a year and a half as companies increased production and demand rebounded....
...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...
...AstraZeneca has acquired oncology biotech Fusion Pharmaceuticals for $2.4bn to build its expertise and challenge Swiss company Novartis in the developing field of a more targeted form of radiotherapy....
...The union plan “presents significant financial, operational and safety challenges, and delays the transition to green steel by two years”, said Rajesh Nair, Tata Steel chief executive....
...But it also presents serious long-term economic and social challenges for the country, according to auto sector analysts, academics and economists....
...Such a backdrop is a challenge for the likes of Stellantis to meet its own 2030 targets and comply with the EU’s ban on the 2035 combustion engine....
...Their refrain for several months has been that hedge funds “want to bury this company”, while largely avoiding mention of factors that might have dissuaded investors from buying into NWBO, such as a study...
...Formed through the merger of Standard Life and Aberdeen Asset Management in 2017, Abrdn has still lacked the scale required to compete with much larger global rivals while also leaving it vulnerable to the challenge...
...The company this week reported burning almost $4bn in cash in the first quarter....
...The company’s vertically integrated structure, economies of scale and ballooning research and development plans mark a stark challenge to companies in the west, analysts say....
...manufacturing business survey committee....
...Still, the high levels of precision required to make semiconductors means earthquakes remain a serious challenge to the industry....
...“Nordic companies, particularly in manufacturing, have a huge exposure, directly or indirectly,” says Sundling....
...Novo Nordisk has agreed to acquire three manufacturing sites for $11bn, as the Danish drugmaker races to expand production of the weight loss drugs whose runaway success has sent the company’s valuation...
...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...
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