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...“What we’ve seen since the passage of the Inflation Reduction Act is rapid growth of Georgia’s manufacturing sector,” Ossoff told the FT....
...Manufacturing: Activity in the US manufacturing sector is expected to have remained in contractionary territory in February....
...It will be part of a $40bn investment made by the company in capabilities ranging from the manufacturing of microprocessors to advanced chip packaging and research and development work....
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
...the search engine’s dominant advertising business Shares of Boeing rose 2.8 per cent after the US plane maker on Wednesday said it was “totally committed” to meet regulator demands to address safety and manufacturing...
...Factory orders: Manufacturing activity is expected to have declined in January, with factory orders falling 2.9 per cent compared with a 0.2 per cent gain in December....
...Manufacturing: The US manufacturing sector is expected to have shrunk in December, with economists predicting that the Institute for Supply Management’s manufacturing purchasing managers’ index ticked down...
Tesla boss shows Argentine president Texas factory where they talked about lithium, Brazil and a disdain for bureaucracy
...Its factory in Mexico makes the Q5 SUV, but many cars it sells in America are exported from Europe. The Q7 and Q8, its largest SUVs, are imported from Slovakia....
...But recently, some manufacturing activity surveys are starting to tick up....
...Meanwhile, S&P Global will release its purchasing managers’ indices for manufacturing and services, with February readings expected to dip slightly from January levels....
But the boost to liquidity can prove shortlived
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...A global manufacturing revival (see chart below), strong US employment and green shoots in Chinese activity data are lifting energy demand....
...America,” said US commerce secretary Gina Raimondo....
...Europe and North America are the largest markets for sports bikes, but Shimano is betting on growth in south-east Asia, where most people once viewed sports bikes as luxuries....
Delaware court previously voided chief executive’s $56bn remuneration
...Our main item is from the FT’s Mexico and Central America correspondent Christine Murray, who investigates the energy challenges facing Mexico’s next president....
...“Demand was . . . lower from key export clients based in China, Europe and North America, and from important sectors like electronics,” said Paul Smith, economics director at S&P Global Market Intelligence...
...The Institute for Supply Management’s non-manufacturing index is expected to have edged down to 52.6 in December from 52.7 in November, according to economists polled by Refinitiv....
...Ryanair has doubled the number of its engineers overseeing Boeing’s production lines following the manufacturing problems that have plagued the US plane maker....
...Separately, Richmond Fed president Thomas Barkin will speak on the economic outlook at an event in Raleigh, North Carolina....
...The excess capacity has also piled pressure on European and Asian producers facing higher production costs than competitors in North America and the Middle East, which benefit from their access to low-cost...
...But as you can see in the chart above, both the S&P and ISM indices seem to be pointing to a bottom in manufacturing activity that is now behind us....
...On Friday, the ISM Manufacturing Purchasing Managers’ index indicated a far larger than expected contraction in US manufacturing activity in January....
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