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...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....
...Industrial profits at large Chinese companies declined 3.5 per cent in March from a year earlier, the National Bureau of Statistics reported on Saturday....
...Of course, it will make you more competitive in the global market.”...
...The European boss of China’s BYD previously said the company does not rely on subsidies when manufacturing its vehicles....
...HSBC analysts said the return to positive trade growth might in part reflect “some of green shoots” in global demand....
...“We will provide full support, together with SK Hynix, to ensure that our companies won’t fall behind in the global chip cluster race,” South Korea’s industry minister Ahn Duk-geun told SK Hynix executives...
...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....
...Profits at Chinese companies listed on domestic exchanges were down 5 per cent year on year in the first quarter, excluding the financial industry, he noted....
...The S&P Global UK manufacturing purchasing managers’ index rose to a 20-month high of 50.3, up from 47.5 in February and above the earlier estimate of 49.9....
...Or has Washington just committed to pouring tens of billions of dollars into a flailing has-been in a vain attempt to claw back a lead in global chip manufacturing?...
...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...
...global rivals....
...“Australian manufacturing has declined, but those companies that have survived are more resilient,” he said....
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
...For instance, it already has 300,000 engineers working on chip design for companies across the world....
...Exports in the first quarter were also weaker in dollar terms, but analysts said volumes have continued to expand as producers grab more global market share....
...“Nordic companies, particularly in manufacturing, have a huge exposure, directly or indirectly,” says Sundling....
...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 US manufacturing sector in March expanded for the first time in a year and a half as companies increased production and demand rebounded....
...in manufacturing....
...Disruptions to global chip supply cannot be ruled out, even if no damage is found at chipmaking facilities....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...Xi Jinping has hit back at western criticism of Chinese oversupply as Beijing leans on manufacturing to boost its economy, arguing that the country’s exports are helping to ease global inflation and support...
...This would hurt not only China’s but global growth....
...The outlook for the European economy has brightened after activity continued to rise at services companies across the UK and eurozone and the downturn in manufacturing eased, according to a closely watched...
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