Category: NEWS
Spirit AeroSystems to Furlough 700 Employees Due to Boeing Strike
Spirit AeroSystems, a leading manufacturer of aerospace components, is set to furlough 700 employees at its Wichita, Kansas facility as…
TSMC Reports Robust Q3 Growth, Fueled by AI and Smartphone Demand
Taiwan Semiconductor Manufacturing Company (TSMC) posted impressive third-quarter earnings of $23.5 billion for 2024, reflecting a 13% increase…
IMF Holds Global GDP Growth Forecast Amid Trade and Geopolitical Challenges
The International Monetary Fund (IMF) has maintained its global GDP growth forecast at 3.2% for both 2024 and 2025 in…
Equispheres and 3D Systems Partner to Boost 3D Printing Efficiency with Advanced Aluminium Powder
Equispheres has entered into a significant supplier agreement with 3D Systems, allowing its high-performance aluminium powder to be used…
Danfoss’ Onboard Charger to Boost Electrification of Heavy-Duty Trucks in Europe
Danfoss, a global engineering leader, has developed an innovative onboard charger that is set to play a pivotal…
UK Government Plans Consultation on Electric Vehicle Transition Amid Factory Closures
In response to Stellantis’ recent announcement of a van factory closure in Luton, potentially costing 1,100 jobs, the UK…
Italy Leads EU Coalition Urging Delay of Stricter Car Emissions Standards
Italy, along with Poland, Austria, Romania, Slovakia, Bulgaria, and Czechia, has joined forces in advocating for a delay to…
Aston Martin Struggles with Profit Warning and Debt Issuance Amid Supply Chain Challenges
Aston Martin Lagonda Global Holdings plc, the luxury British automaker, has announced a significant reduction in its earnings…
ECB’s Isabel Schnabel Advocates Gradual Rate Cuts Amid Inflation and Geopolitical Risks
Isabel Schnabel, a prominent member of the European Central Bank’s (ECB) Executive Board, has stated that the ECB is…
First Phase of Cabling Completed for NeuConnect Interconnector Project Linking UK and Germany
The €2.8 billion NeuConnect Interconnector project has reached a significant milestone with the successful completion of its…
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