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...To stimulate its economy, China is investing in advanced manufacturing, especially in solar energy, electric vehicles and batteries....
...The industrial growth plan recommends making a priority of investment in crucial areas, including designing and manufacturing offshore wind blades and towers, foundations, and electrical systems....
...New York City’s only super-tall tower outside Manhattan, Michael Stern’s Brooklyn Tower at 9 DeKalb Street, is shrouded in gloom and uncertainty....
...What’s gonna be different, Phillip? Phillip Ross The office becoming more like a members’ club....
...Lender Silverstein Capital Partners initiated foreclosure procedures against Stern’s company, JDS Development Group, for defaulting on a $235mn mezzanine loan. What next for the polarising tower?...
...INA is in talks with foreign companies for joint investments in nickel mining, smelting and battery manufacturing, Porwanto added....
...Vietnam, an increasingly important global manufacturing base, is investigating allegedly unfair exports of Chinese-made towers for wind turbines....
...Bank of America has named Rowland Phillips as head of aerospace and defence in Emea as part of the global industrials group....
...Company earnings: Salesforce, TJX Companies, Paramount Global, AMC Entertainment, Monster Beverages, HP, Baidu and the National Bank of Canada report results....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...The increase could price out employers in sectors such as hospitality and manufacturing who use the system to fill roles ranging from chefs to welders. “We are seeing an impact....
...tower business for €17.5bn....
...Those factories would be operated by Marmen Welcon, a joint venture of Canadian and Danish companies that specialise in offshore towers....
...In a three-way transaction announced on Monday, Novo Nordisk — the pharma company behind blockbuster anti-obesity drugs Ozempic and Wegovy — is spending $11bn to acquire three manufacturing sites that will...
...Company results: Asset manager Franklin Templeton is expected to report its first-quarter earnings....
...The Institute for Supply Management’s manufacturing purchasing managers’ index is also released....
...EET Hydrogen, the Essar company that is planning to build the manufacturing plant at Stanlow alongside clean energy specialist Progressive Energy, has provisionally agreed to sell hydrogen to glassmaker...
...US Steel is associated with the rise of American manufacturing and for contributing to many of the nation’s most iconic skyscrapers, including Chicago’s Willis Tower and the United Nations building in New...
...Among leading Chinese cities, Shenzhen and Guangzhou, hubs for high-tech and manufacturing companies, were doing relatively better, said James MacDonald, Shanghai-based head of China research for Savills...
...On the manufacturing floor, only real shoes will do....
...The striking pavilion housed rooms for officials and umpires and still has the Olympic flame on its tower....
...Its customers include chipmakers Samsung Electronics, Taiwan Semiconductor Manufacturing Co and Intel....
...“I keep my fingers crossed that [the IRA] won’t be repealed,” said Håkon Volldal, chief executive of Nel Hydrogen, a Norwegian company that announced a $400mn manufacturing investment in Michigan in May....
...Some of the problems holding back Indonesia’s manufacturing sector help to explain the difficulties that wealth managers encounter....
...Apart from some running-down of inventories and an unpleasant short-term earnings hit for some companies, globalisation survived just fine....
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