Monday, November 25, 2024

Boeing marks major milestone with 100th Growler delivery to US Navy

Boeing has announced that the 100th Growler, also known as EA-18G — a derivative of the F/A-18F Super Hornet — has rolled off the assembly...

NewCO2Fuels signs agreements for pilot plant and technology research

NewCO2Fuels Ltd (NCF), a subsidiary of Greenearth Energy Limited, has signed agreements with two global conglomerates for a pilot plant and a collaborative R&D...

US manufacturing picks up pace in April

Employment growth has propelled US manufacturing to register its third consecutive month of accelerated growth in April, an industry report showed on Tuesday. According to...

Pfizer keeping tabs on AstraZeneca for potential $100 billion deal

US drug-maker Pfizer Inc has prepared a third offer to acquire Britain's AstraZeneca Plc, after refusing Pfizer’s earlier approaches for a takeover. According to the...

Massive strike at a major supplier in China prompts Adidas to shift orders elsewhere

Around 50,000 factory workers went on strike at Yue Yuen Industrial, a major Adidas and Nike supplier in the southern Chinese city of Dongguan,...

Australia has the highest manufacturing-cost structure among largest goods-exporting countries: study

A new study of the world's 25 largest goods-exporting nations has found that Australia's manufacturing-cost structure is around 30 per cent higher than the...

China’s manufacturing picks up pace in April but remains in contractionary territory

A private preliminary survey has revealed that China’s manufacturing sector is showing slight signs of recovery in April as declines in new orders and...

Novartis, GSK shake up pharmaceutical industry with major deals

Pharmaceutical giant Novartis and global healthcare company GlaxoSmithKline (GSK) have announced a series of transactions worth billions of dollars that will transform both firms'...

General Motors to invest $12 billion in China

General Motors Corp has revealed that it is planning to invest $12 billion in China in the next three years in a bid to...

Nippon Steel & Sumitomo Metal Corporation, to manufacture world’s longest railway rails

One of the world's largest steel producer Nippon Steel and Sumitomo Metal Corporation (NSSMC) has announced that it has set up a system to...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.