News for Manufacturing & Construction
Tuesday, May 28, 2013
Fiat looks to Chrysler acquisition
Italian based car manufacturer Fiat has seen its shares boosted after a rise in speculation surrounding the acquisition of U.S. based Chrysler.
Monday, March 11, 2013
Pakistan begins construction on major gas pipeline
Pakistan has begun construction on its end of a natural gas pipeline between Pakistan and Iran. The 2,775 km long pipe valued at $7.5 billion is expected to be completed within the next two years, with the Iranian side of the pipe nearing completion.
Friday, March 01, 2013
Glencore’s Xstrata takeover delayed with deadline scrapped
Glencore have removed the deadline of the 15th of March for completing the acquisition of mining giant Xstrata after failing to get regulatory approval from Chinese authorities in time.
Friday, February 01, 2013
Fears rise over France becoming the eurozone’s next casualty
The release of data from France has revealed a dramatic drop in manufacturing, with activity falling over four months in January at rates similar to those at the height of the global financial crisis.
Wednesday, January 02, 2013
China reports manufacturing growth despite overall fall.
China’s manufacturing industry has posted a third consecutive month of expansion from increased development of electronic and car markets alongside infrastructure investment.
Monday, November 19, 2012
Jaguar Land Rover moves production to China
Jaguar Land Rover has moved production to Shanghai after the Chinese approval of its joint venture program with Chery Automobile.
Wednesday, November 07, 2012
Nissan slashes forecasts after Sino-Japanese fallout
Car giant Nissan have slashed their full-year profits by a fifth after the diplomatic conflict surrounding China and Japan over territory in the East China Sea.
IT spending set to reach $1.54 trillion in 2013
IT spending in Europe, the Middle East and Africa (EMEA) is predicted to grow 1.4 percent in 2013 to reach $1.154 trillion according to a report released by Gartner.
Tuesday, October 30, 2012
Meritor to invest £36 million within UK site
American based Meritor are to invest £36 million in a factory situated in Wales in order to transform the parts manufacturing site.