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...
Suzuki to introduce affordable and fuel-efficient hybrid technology in its cars
Suzuki Motor Corporation, Japan’s fourth largest car maker, announced on Wednesday it will introduce affordable, gas–electric hybrid technology in its vehicles in order to...
Axalta celebrates the sale of its 30,000th spectrophotometer
Axalta Coating Systems, a leading global provider of liquid and powder coatings to automotive, transportation, general industrial, and architectural and decorative customers, has sold...
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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.
