Monday, November 25, 2024

Loan of up to US$700 million offered for Ioneer’s Rhyolite Ridge Project

Ioneer Ltd has announced the completion of a term sheet and the offer of a Conditional Commitment for a potential loan from the U.S...

Small business optimism declines as expectations for better business conditions worsens in December

The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.

SK Geo Centric signs MOU at CES 2023 with Plastic Energy to complete a...

SK Geo Centric, a subsidiary of SK Innovation’s, has signed a contract with British company Plastic Energy, which specializes in plastic pyrolysis, completing the “last puzzle” of the world’s first plastic recycling complex to be built in 2025.

L3Harris receives VAMPIRE contract for Ukrainian security defence efforts

L3Harris Technologies has announced receiving a $40 million Department of Defense contract to deliver 14 Vehicle Agnostic Modular Palletized ISR Rocket Equipment -- or VAMPIRE™ multi-purpose weapons system - to strengthen Ukrainian security defence efforts.

Raytheon Intelligence & Space awarded Missile Track Custody development contract

Raytheon Intelligence & Space has been awarded a prime contract to develop a prototype Missile Track Custody system for the U.S. Space Force. MTC is the service’s first Medium Earth Orbit missile tracking system. 

Moderna to acquire Oriciro Genomics

Moderna, Inc, a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and OriCiro Genomics K.K., a pioneer in cell-free DNA synthesis and amplification technologies, recently announced they have entered into a definitive agreement through which Moderna will acquire OriCiro for $85 million.

Foxconn partners with NVIDIA to build automated electric vehicles

Media Release by NVIDIA NVIDIA and Hon Hai Technology Group, the world’s largest technology manufacturer, recently announced a strategic partnership to develop automated and autonomous...

US manufacturing sector sees fastest PMI deterioration in December

US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...

Eurozone’s final manufacturing PMI in 2022 rises to 3-month high

Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers. 

New business index drags down US PMI Composite Output in December

December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global. 
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy

As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.