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...“Several species of sharks were caught and slaughtered at an industrial scale across the fleet,” said the report, which followed a four-year investigation....
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...But the NBS warned that further state support for industry was needed, with companies suffering from “insufficient market demand”, underlining worries among China’s trading partners that industrial overcapacity...
...China’s leadership this month emphasised the need for stability during an annual meeting of the country’s rubber-stamp legislature. Gross domestic product increased 5.2 per cent in 2023....
...But analysts are querying if the company would consider issuing equity, even as its share price trades at half its pre-pandemic price....
...Tomas Gutierrez, Asia editor at Kallanish Commodities, said following the meetings, known as the “Two Sessions”, Chinese steel companies began offering export contracts at significant discounts....
...Like really, we should be thought of as an AI or robotics company....
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...Profits at foreign-owned business surged 31.2 per cent and climbed 12.7 per cent at private companies. State-owned enterprises saw profits edge up just 0.5 per cent....
...Europe, he added, “is stronger with the industrial capability of the UK”....
...“To survive, companies have to stay in the black,” he said. “I will not sell cars at a loss.”...
Expect more deals after Prysmian’s acquisition of Encore Wire
...In neighbouring Norway, a defence company was unable initially to expand its main factory; a data centre for TikTok, the Chinese-owned social media platform, had taken the region’s remaining power surplus...
...ANZ Research in Sydney, said the spot market was not yet feeling the impact of the tightness in supply of concentrate because of plentiful stocks that were built up ahead of China’s annual meeting of its rubber...
...Community and the GMB are balloting members for industrial action. The ballot ends on May 9. Members of Unite have already voted to strike....
...up a complete industrial chain with great resilience and competitiveness”....
...“If you have a look to Germany, to Austria, to the Netherlands, there is a need for workers because you don’t find enough people from your local labour markets to work for companies,” Spindelegger said....
...Sawan also said that the company “strongly, strongly believed” in liquified natural gas. The company expects 50 per cent growth in the global supply of the chilled fuel by 2040....
...“Hopes for a global recovery in demand this year are supporting higher prices for industrial metals,” said Ewa Manthey, a commodities strategist at ING....
...In response, the leadership is trying to rejig China’s military-industrial complex....
...One of the large palm-growing companies active in Indonesia, Socfin, has a holding company listed on the Luxembourg stock exchange....
...Thyssenkrupp has been struggling for more than a decade to reduce its reliance on steel and switch to other industrial products....
...It is a stretch to imagine that robotaxis can turn the company’s fortunes around this year. Musk presided over the company’s latest quarterly earnings call with a confusing message....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...Most recently, the company launched a radical made-to-order, scan-to-print circular bare-footwear system – VivoBiome....
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