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New orders drag down Australian manufacturing PMI in May— Judo Bank

The health of Australia’s manufacturing industry has continued to see a downturn in May, with the headline seasonally adjusted Judo Bank Australia Manufacturing PMI posting a 48.4, up from April’s 48.0. 

Australian private sector sustains growth despite decline in manufacturing

Australia’s private sector has seen a continued expansion in May, posting above the 50.0 no-change mark for a second consecutive month amid sustained expansion in services activity as manufacturing output shrank for a sixth straight month. 
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Driving the future of smart energy: GridBeyond and ABB unveil new white paper on battery storage innovation

As industries adopt cleaner, more intelligent energy solutions, the ability to manage, store, and trade energy efficiently is increasingly vital to sustaining a competitive edge.