Magna building new Michigan plant to manufacture battery enclosures for GM’s new GMC Hummer...
Automotive contract manufacturer Magna has commenced construction on a new manufacturing facility in the US that will build complex battery enclosures for GM’s all-new...
Denmark to build world’s first wind energy island in the North Se
The world's first artificial island and wind energy hub will soon rise in the North Sea thanks to efforts by the Danish Government.
Denmark's Ministry...
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.
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.Â
Statistics Canada reported a slip...
Lumentum set to acquire laser maker Coherent for $5.7bn
Optics and photonics components maker Lumentum has reached a definitive agreement to acquire fellow laser manufacturer Coherent in a cash and stock transaction valued...
AstraZeneca enlists Germany’s IDT to meet COVID-19 jab demand in the EU
AstraZeneca and IDT Biologika's joint investment will boost vaccine manufacturing capability and address jab shortages in Europe.
Leading coronavirus vaccine maker AstraZeneca announced yesterday that...
Germany’s private sector activity sees downturn in August
Market activity in Germany’s private sector slipped for the second consecutive month and at a faster rate, according to the S&P Global’s Flash purchasing...
Featured Article
Navigating energy price volatility with predictive intelligence
Energy price volatility has become a structural feature of modern electricity markets rather than a temporary disruption. For energy-intensive manufacturers and large commercial operators, fluctuating wholesale prices are reshaping how energy costs are managed, making reactive approaches increasingly inadequate.
