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...Tata’s joint venture with American group Sikorsky has been delivering “indigenous” cabins for the S-92 helicopter and associated parts to Lockheed Martin in the US....
...Lululemon’s shares have surged 49 per cent over the past 12 months — easily beating a 4.6 per cent rise for the S&P Retail Select Industry index....
...The challenge(s) The broad challenge is that the UK, having left the EU’s regulatory orbit, needs to build a post-Brexit system that supports innovation and attracts investment while being mindful of the...
...For example, at the Mirafiori plant in Turin, the Agnelli family’s hometown, some workers have been furloughed due to waning demand for the Fiat 500’s electric version....
...During that time, the S&P 500 is up about 150 per cent....
...The FT also has a story today on whether European carmakers can rival China’s BYD, the world’s largest manufacturer of electric vehicles....
...By contrast, the oil and gas-heavy S&P 500 Energy Index has added 6 per cent....
...Chinese rival BYD yesterday took a step closer to unseating Tesla as the world’s top-selling electric-vehicle manufacturer....
...That wouldn’t make sense — or good policy,” said John Bozzella, president and chief executive of the alliance....
...Manufacturers said a downturn in European markets was hitting demand for new orders....
...While the UAW is striking at plants that assemble profitable vehicles, this walkout isn’t as “punitive” as it could be, argues John Murphy, Bank of America’s analyst covering auto manufacturers....
...UK business activity grew marginally in November, according to new S&P Global/Cips PMI data....
...M&S generated 31 per cent of its non-food sales online in the six months to September and wants to reach 50 per cent by 2028....
...“By combining high adoption rate[s] with slight reductions in the herd, we can achieve the targets,” he said....
...India’s government is now trying to capitalise on global manufacturers’ diversification away from China to attract more foreign investment....
...“The sun broke through in February after six months of gloom with a swift and significant jump in output for private sector business,” said John Glen, Cips chief economist....
...(Wu & Armstrong) One good read John Plender on the lessons from the long bull market in bonds....
...Consumer goods manufacturers Newell Brands and Colgate-Palmolive will also publish results. Five more top stories 1....
...He drives a Tesla model S (with the paint stripped off to reveal the bare metal) and sails an 82ft Mark V special operations craft, a $3mn camouflaged Navy Seal vessel mounted with decommissioned machine...
...Earnings: Agricultural equipment manufacturer Deere and sneaker retailer Foot Locker report results....
...John Deere: The agricultural machinery manufacturer, an economic bellwether for capital spending, is expected to report a jump in earnings as demand for products remains strong and the company is able to...
...Hong Kong: The city’s leader John Lee delivers his annual policy address....
...Manufacturers reported a particularly steep fall in new work, with export sales falling at the fastest pace in almost two-and-a-half years....
...director at S&P Global Market Intelligence....
...Aircraft parts manufacturer AAR Corp said last month that chief John Holmes was awarded $7.3mn in stock to compensate him for pay lost due to bonus restrictions applied to companies that took Covid-19 relief...
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