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Global Manufacturing PMI faces further downturn amid slowdown in new orders – JP Morgan

The global manufacturing sector has remained in recession as July saw output fall even more amid the drop in new order intakes, which continued for the thirteenth month in a row, according to the latest Purchasing Manager’s Index (PMI) report from JP Morgan. 

Global Manufacturing PMI slips further amid new order intakes decline, says JP Morgan

Conditions in the global manufacturing industry have seen a decline in June as output shrinks to contraction, dragged by a decrease in new order intakes, according to the latest global manufacturing PMI report.  

Queensland nanomaterials company partners with Boeing to develop space applications

Queensland-based nanomaterials company White Graphene Limited is slated to work with global manufacturing giant Boeing after winning the Sustainability in Space Pitch Competition and clinching $100,000 in funding. 

What AI could mean for modern manufacturers

Now more than ever, manufacturers all around the world are being pushed to test the limits of their current capabilities as they weather multiple disruptive global events, like the COVID-19 pandemic and the war in Ukraine. 

The gateway to ASEAN: Setting up for business success in Singapore

For businesses seeking to expand and develop an Asian presence, Singapore offers a wealth of possibilities.

ABB secures $80 million in orders from Spanish Stadler

Stadler has placed an order with leading global technology company ABB for energy-efficient propulsion and high-performance battery solutions for high-capacity commuter trains worth roughly...

Global manufacturing PMI: close to decade-high, but supply pressures worsen

Activity in the global manufacturing sector sat close to a decade-high in December 2020, with production and new orders among the strongest seen over...

Ansell to shut Mexico, South Korea facilities

Ansell has announced the closing of three production facilities, two located in Juarez, Mexico and one in Janggye, South Korea, as part of its...

GM’s Orion Assembly plant ranks eighth largest user of green power

The Orion Assembly plant that builds the Chevrolet Bolt EV, ranks as the eighth largest user of green power generated onsite in the United States among...

Global manufacturing ends 2013 on a positive note

Worldwide manufacturing ended 2013 on a strong note as major exporters like the United States, Japan and Germany all saw demand pick up last...
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