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...SK Hynix currently produces its HBM chips in South Korea....
...It could then sell the model in India and export to south-east Asia, the Gulf, Africa, and southern and eastern Europe....
...They are also increasingly penetrating markets for industrial automation, medical devices and electric vehicles....
...Now iron ore prices are plunging, down over tenth since mid February and by nearly a fifth this year....
...China’s steel exports rose 45 per cent in 2023, mostly going to south-east Asia and Europe. This increase could explain the boost to iron ore demand....
...Inchcape warned last month that demand in its South Americas market this year was likely to be towards historic lows, as inflation and interest rates have continued to drag on household finances....
...The FAA’s temporary grounding applies to all Max 9 aircraft with a mid-cabin door plug installed in the fuselage....
...The company, a crucial Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage for some aircraft....
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
...Boeing is facing scrutiny from regulators and the US Department of Justice after a door panel blew out mid-flight on a 737 Max in January....
...London market is a scapegoat for poor performance When a UK company’s share price goes south, simply blame the London market....
...The South Tees Development Corporation had sued PD Teesport in 2021 seeking a ruling that the port operator had no rights of access across the former steelworks it was regenerating next to the port in the...
...On Sunday it announced that it would separate its ascendant US business, via spin-off, from the global group by mid-2025. Holcim’s current enterprise value is $56bn....
...However, they will need to expand their low-to-mid-end EV models.”...
...The PMIs are based on a sector-wide survey and provide a timely indication of activity ahead of the release of official output figures for November due in mid-January....
...But demand for air travel is booming in south and south-east Asia, regions less sensitive to US-China tensions, where budget carriers are expanding rapidly....
...“This time around has been more geopolitical and strategic, garnering influence with the global south through steel-intensive investment.”...
...Bowen said he was aiming to have the first SMRs operational by the mid-2030s, slightly later than the “early 2030s” date given by then-energy secretary Grant Shapps last July....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...South Korea’s property market been in a slump since mid-2022, hit by interest rates at their highest since late 2008....
...Both Boeing and Spirit have been at the centre of a firestorm after a door plug on a Boeing 737 Max plane blew out mid-flight in January....
...Now Accsys is producing about 63,000 cubic metres of the stuff every year and is building a manufacturing plant in the US, which it hopes will add another 40,000 cubic metres annually by mid-2024....
...He said the company’s Natrium-branded reactors could be built for about half the cost of standard water-cooled reactors, which have been the cornerstone of the nuclear energy industry since the mid-20th...
...Goldman Sachs sees this as a significant mistake and thinks that the shares of the three largest Korean management companies should be between 85 and 137 per cent higher than where they were in mid-March...
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
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