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News updates from January 23: Turkey votes for Sweden’s Nato bid, Netflix adds 13mn new subscribers
Procter & Gamble quarterly sales fall short of expectations
...The household goods and personal care company booked a 3 per cent rise in revenue for the three months to December, thanks in part to higher consumer prices, especially in North America....
January 23, 2024
FT News Briefing podcast11 min listen
Ecuador’s ‘unprecedented’ Mexican embassy raid
...Plus, Australia is trying to boost its manufacturing sector to protect against supply chain disruptions....
April 10, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
UK manufacturing
UK manufacturing returns to growth for first time since July 2022
...Overseas demand fell for the 26th successive month and companies reported fewer orders from France, the Netherlands, Belgium and Poland....
April 2, 2024
News in-depthChinese economy
China warns west of ‘survival of the fittest’ as manufacturing boosts economy
...Focusing on high-end production of electric vehicles, solar panels and batteries, the government is rolling out domestic subsidy programmes for companies to upgrade their equipment and for consumers to buy...
April 17, 2024
News updates from April 1: Israel accused of air strike on Iranian embassy; US manufacturing sector expands for first time since 2022
US manufacturing sector expands for first time since 2022
...The US manufacturing sector in March expanded for the first time in a year and a half as companies increased production and demand rebounded....
April 1, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
US manufacturing contracts in February as new orders soften
...The US manufacturing sector remained in contraction territory in February as new orders weakened after improving in January....
March 1, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Scoreboard
F1’s big Las Vegas gamble Premium content
...vendors to travel companies, according to a report last month from brokerage Jefferies....
November 18, 2023
Intel Corp
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...Since taking the helm at the company three years ago, Gelsinger has attempted to restore the company’s leadership in the most advanced manufacturing processes, while at the same time turning it into an attractive...
March 20, 2024
News updates from March 20: Fed signals 75 bps of 2024 cuts; Reddit prices shares at top end of IPO range
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...US President Joe Biden will travel to Intel’s site in Chandler, Arizona, on Wednesday to announce the package, which will go towards building new facilities for the company in the south-western state, as...
March 20, 2024
Inside BusinessRichard Waters
Intel’s turnaround looks set to be a long haul for investors
...The company predicts its manufacturing losses will reach their nadir this year, before a slow recovery. Its already-battered shares fell another 8 per cent....
April 4, 2024
Australia
‘Made in Australia’ drive aims to shift economy from ‘world’s quarry’ label
...“Australian manufacturing has declined, but those companies that have survived are more resilient,” he said....
April 3, 2024
Rail
Disjointed rail planning leaves UK train builders facing closure
..., which will be a joint venture between the companies....
April 11, 2024
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
Eurozone downturn easing, survey finds, though manufacturing is still in deep decline
...in manufacturing....
February 22, 2024
News updates from February 23: Nvidia market value briefly tops $2tn, Navalny’s mother refuses Russian ultimatum
German business confidence ticks up but outlook for manufacturing still gloomy, says Ifo
...Ifo said improved sentiment in the services and construction sectors offset a gloomier outlook in manufacturing and retail trade....
February 23, 2024
Transcript
Transcript: Ecuador’s ‘unprecedented’ Mexican embassy raid
...The Inflation Reduction Act there has been used for companies to tap into, to say, OK, we will, you know, set up a manufacturing facility here, which we might not have done under our own steam due to cost...
April 10, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Inside BusinessThomas Hale
Manufacturers need to face up to new wave of Chinese competition
...“Nordic companies, particularly in manufacturing, have a huge exposure, directly or indirectly,” says Sundling....
April 16, 2024
UK energy
UK backs gas-fired power plants in latest shift in green policy
...Outlining the plans on Tuesday to back more electricity generation from fossil fuels, the prime minister said he would “not gamble with [Britain’s] energy security” despite plans to decarbonise the electricity...
March 12, 2024
Ryanair Holdings PLC
Ryanair demands compensation from Boeing for aircraft delivery delays
...into a manufacturing “shit show” after the fuselage blowout on an Alaska Airlines flight in January....
February 26, 2024
News updates from January 24: Joe Lewis to plead guilty in insider trading case, Microsoft passes $3tn market cap
Eurozone downturn eases as manufacturing activity picks up
...The downturn in eurozone business activity eased slightly at the start of the year, according to a closely watched survey of companies, signalling that the economy may have bottomed out....
January 24, 2024
Inside BusinessSilvia Sciorilli Borrelli
The threat to the Italian heritage in car manufacturing
...For the time being, the cheapest EV in Italy is one produced in China by the Romanian car company Dacia, which costs around €21,400....
February 29, 2024
Taiwan Semiconductor Manufacturing Co Ltd
TSMC plans to charge customers more for chips made outside Taiwan
...3nm manufacturing efficiency, the most advanced chip technology in mass production....
April 18, 2024
ASML Holding NV
ASML forecasts semiconductor rebound after first quarter disappoints
...The company left its guidance for 2024 unchanged. Shares in the group were down about 7 per cent on Wednesday....
April 17, 2024
News in-depthMark Cuban
Mark Cuban considers his next gamble after sale of Dallas Mavericks stake
...They sold the company they created, Broadcast.com, to Yahoo for $5.6bn in 1999 at the peak of the dotcom boom....
December 8, 2023
Boeing Co
Boeing engineer says safety concerns are ignored inside plane maker
...Boeing failed to meet manufacturing and quality control requirements....
April 17, 2024
Special ReportWatches and Jewellery: April
Fresh CEOs start at Audemars Piguet and Zenith
...And its choice of Ilaria Resta, a former veteran of consumer goods group Procter & Gamble, suggests a change of style for the company, after a decade of maverick management and polarising watch launches,...
April 9, 2024

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