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...Rival contract manufacturers stand to benefit from the bill....
...“The amount of money saved by laying off staff is insufficient compared to the 40-50 per cent decline in prices in the market over the last 12 months,” she said....
...“This portfolio is exactly what I would want DOE to do,” Dell said. “This is great. They are doing all the things.”...
...Samsung, which launched its latest flagship Galaxy S24 phone in January, had a 23 per cent share after shipments fell just under 1 per cent year on year to 60.1mn....
...Based on the Ligurian coast, the 15-year-old company, which specialises in yachts longer than 50 metres, serves an “extremely niche customer base”, Constantino says....
...It was the first time the PMI posted above the 50 mark that separates expansion from contraction since July 2022....
...Adjusted earnings per share were $0.29, and the company lifted its full-year guidance from a range of $1.00-$1.10 to $1.20-$1.24....
...Global energy markets have changed and grown dramatically since the creation of the Strategic Petroleum Reserve (SPR) nearly 50 years ago....
...The blue-chip Stoxx Europe 50 index on Wednesday rose 1.56 per cent to its highest level since early 2001....
...The National Bureau of Statistics on Sunday said the manufacturing purchasing managers’ index was 50.8 points in March, up from 49.1 in February and the highest in a year, supported by rising export orders...
...Tesla said it had hit its target of delivering 1.8mn cars in 2023....
...The retailer, which operates more than 1,800 stores in over 20 European countries and is majority-owned by private equity group CVC, said on Monday that it was aiming to raise €1.1bn....
...The Japanese company increased its operating profit forecast for the year to March to ¥4.9tn ($34bn) from ¥4.5tn and said that profit in its fiscal third quarter hit ¥1.7tn, an increase from ¥957bn a year...
...US sales rose 58 per cent to 1.5mn in 2023, only 9.6 per cent of the total. This was an increase from 931,700 in 2002, 6.8 per cent of the total, according to consultancy CRU Group....
...Europe’s manufacturers....
...The S&P Global/Cips flash UK PMI composite output index, a measure of the health of the manufacturing and services sectors, rose to 50.1 this month, up from 48.7 in October....
...About 1,000 Boeing employees are assigned to the programme. In 2020, the FAA fined Boeing $1.25mn for harassing and threatening these in-house inspectors....
...Ryanair on Monday said it expected to report profit after tax of between €1.85bn and €1.95bn in its financial year ending in March, down from a previously guided €1.85bn to €2.05bn....
...Among the examples cited by City Index are Ben Francis, the 31-year-old chief executive and co-founder of sportswear and fitness clothing manufacturer Gymshark, who is worth £1.02bn, and 39-year-old Nik...
...BAT is targeting 50 per cent revenues from alternative products, such as its Vuse vapes and Glo heated tobacco devices, by 2035....
...A reading below 50 marks a contraction from the previous month....
...A 1.5GW water battery proposed by SSE in the Scottish Highlands will cost about £1.5bn. The UK is now consulting on a mechanism to guarantee revenues if returns drop below an agreed floor....
...Manufacturers’ selling prices fell for the 11th month in a row....
...President Joko Widodo banned exports of nickel ore in 2020 in an effort to attract metal processors, battery manufacturers and carmakers to invest in Indonesia....
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