Tag: world news
AIB Ireland Manufacturing PMI: New orders fall at faster rate in December
The Irish manufacturing sector recorded a second month of deteriorating operating conditions in December as new orders fell sharply, according to the latest AIB PMI® data.
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.
EU’s greenhouse gas emission drops in 2021, says report
A report from Eurostat, the European Union’s statistics office, has revealed that greenhouse gas emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents— a 22 per cent decrease compared with the results of 2008.
Sweden, Germany, United Kingdom jointly acquire 436 BAE Systems BvS10 All Terrain Vehicles
Sweden, Germany and the United Kingdom have reached an agreement with BAE Systems to purchase 436 BvS10 all-terrain vehicles. The joint procurement, worth $760 million, is in support of Arctic operations for the Collaborative All-Terrain Vehicle (CATV) program.
Lockheed Martin, Sintavia spearhead research to advance metal additive manufacturing
Lockheed Martin has ventured into a research partnership with Sintavia to further study metal additive manufacturing (AM) opportunities as an alternative to castings and forgings.
JP Morgan: global manufacturing activity slumps further in November
The Global Performance of Manufacturing Index’s (PMI) downturn intensified in November, hitting a 29-month low as companies face weaker intakes of new business, slower international trade flows, and continued high costs.
US manufacturing records slowest expansion pace in October
The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results.
NASA announces funding for space sustainability research
NASA is backing research proposals from three university-based teams to analyse the economic, social, and policy issues surrounding space sustainability.
The investment is part of...
Canadian manufacturing industry slips by 0.9% in July
Canada’s manufacturing sector saw its third consecutive monthly sales decline in July 2022, according to the country’s national statistical office.
Statistics Canada reported a slip...
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Why manufacturers are embracing AI-powered smart supply chains
Manufacturers are facing an increasingly volatile environment, where rapid changes in demand, supply chain disruptions, and continued cost pressures are transforming the way products are planned, made, and delivered.
