manufacturing
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) – India’s Tata Consultancy Services (NS:) expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation’s No. 1 software-services…
Investing.com — European stock markets slipped slightly Thursday, with investors digesting new economic data at the start of a new year, expecting the European Central Bank to continuing cutting interest rates to boost the struggling regional economies. At 03:25 ET (08:25 GMT), traded largely flat, while the UK’s fell 0.1%…
(Reuters) – President-elect Donald Trump has vowed to repeal Joe Biden’s signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America’s transition to a green energy economy. The Congressional Budget Office expects the cost…
Intel’s co-CEOs discussed splitting the firm’s manufacturing and products businesses Thursday.A separation could address Intel’s poor financial performance. It also has political implications.Intel Foundry is forming a separate operational board in the meantime, executives said.Intel’s new co-CEOs said the company is creating more separation between its manufacturing and products businesses…
As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Monday, December 2, 2024. The spotlight will be on manufacturing sector health, with the Manufacturing PMI and ISM Manufacturing PMI taking center stage. These reports will…
By Aditi Shah NEW DELHI (Reuters) – India plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing to build new plants, a person with direct knowledge of the matter said. India’s EV policy, which is…
Trump’s tariff threats may boost Chinese exports as importers rush to beat tariffs.Trump’s proposed tariffs could lead to increased global manufacturing activity temporarily.Asian countries may face negative export growth if the US targets trade deficits with tariffs. US President-elect Donald Trump may be good for China’s export business — at…
By Francesco Guarascio, Khanh Vu and Ben Blanchard HANOI/TAIPEI (Reuters) – Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and corporate documents. A source at a…
