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Dismantling Spirit AeroSystems’ Belfast operations would harm region’s aerospace industry, says UK chair
...The Yongin mega cluster illustrates South Korea’s challenge in sustaining an economic model that was first developed at a time when the country was much poorer and less democratic....
...In today’s newsletter: ‘Arb-ageddon’ at VMware Special conflict, special interest The next big luxury IPO A Broadcom mega-deal blindsides Wall Street Broadcom chief executive Hock Tan may earn the title...
...On Monday, Broadcom and VMware — two large technology companies — told investors what the FT already revealed two weeks ago: their $69bn mega-deal has a problem....
...the carmaker’s worst earnings performance in seven years, oil markets have remained steady as Middle East tensions rise, and China’s first-quarter GDP shows the effects of President Xi Jinping’s bet on manufacturing...
...But manufacturing and shipping hardware efficiently has proved difficult. The company remains only breakeven on a gross profit basis. Digital subscriptions, on the other hand, generate strong cash....
...US aviation safety regulators have capped Boeing’s output of its 737 Max aircraft while the company focuses on improving its manufacturing and quality processes....
...But the gap between the stronger services sector and the struggling manufacturing industry is widening....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Millet said the M4 took advantage of the most advanced manufacturing process technology that is currently available at scale — the so-called second-generation 3nm node — which promises to improve power efficiency...
...Donald Trump, who signed an executive order in 2020 to ban TikTok, has now opposed it after meeting with mega donor Jeff Yass, who may have as much as 75 per cent of his net worth tied up in ByteDance....
...four bolts meant to secure the panel to the aircraft were missing, and an audit of Boeing and Spirit by the US Federal Aviation Administration found “multiple instances” where the companies failed to meet manufacturing...
...Compare that with Meta, which recently announced plans for a mega buyback programme and its first dividend. There, free cash flow is equal to nearly a third of revenue....
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
...Through vast investment in mega-infrastructure projects such as a high-speed rail hub, Xiongan aims to bring state-owned enterprises, universities and entrepreneurs together to concentrate on high-technology...
...The 1998 mega-merger between banking giant Citicorp and insurer Travelers Group created the world's biggest financial services company....
...Cook pioneered Apple’s shift of its supply chain from the US to China, establishing manufacturing of its iPhones, AirPods, Macs and iPads in the country....
The fixed-income mega-investor sees tailwinds for the bond market
...Citadel Securities, whose founder Griffin is a mega donor to Republican candidates, including Nikki Haley, who ran and lost against Trump in the 2024 primary election, offered a blistering response....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...He had previously said the Model 2 would require a new “revolutionary manufacturing system” at factories in Austin, Texas, as well as in Mexico....
...Autocracies can push through mega-projects relatively easily; democracies, often to their detriment, face much more bother....
...The downturn in the eurozone’s struggling economy is easing, according to a closely tracked business survey, which found a stabilisation of activity at services companies offset a steep decline in manufacturing...
...He testily refused to comment this week on reports that the ambitious Model 2 project — which called for a new “revolutionary manufacturing system” at factories in Texas and Mexico — had been scrapped so...
...China dominates manufacturing, making more than half of all electric or plug-in hybrid cars, compared with just 10 per cent of traditional engine-driven vehicles....
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