Germany Is Likely To Revise Its GDP Forecast Upward For 2020
The largest European economy an “austerity champion” is likely to become “one of the biggest spenders” to join in the zone’s effort of rebounding from the pandemic.
manufacturing
Weakened Overseas Supply Forces Sharp Output Reduction
General Motors planned on a “seven business days” operation model to cope with shrinking exports.
Aerospace Consortium To Build Ten Thousand Ventilator In Britain
British government continues to ramp up its ventilator acquisition to meet its projected requirements.
Honda Cars Philippine Inc To Stop Production
As Honda fails to increase “global automobile operations” and witnesses a drop in profit levels, the company has decided to terminate manufacturing process in its Philippine based unit.
Factory activity in Eurozone sees gradual recovery in January 2020
Green shoots are in sight for manufacturing activity in the Eurozone in January 2020 – IHS Markitt.
Volkswagen’s Push Towards EV Will Result In Jobs Slash
Manufacturing electric vehicles requires thirty percent less effort, said Diess.
Larry Ellison Becomes The ‘Second Largest Individual Investor’ For Tesla
Following the entry of Ellison into Tesla’s board of director, he turns an investor for the company.
BMW Spends ‘1 Billion Euros’ To Build EV Factory In Hungary
After Audi, BMW now announces the plan of building factory for electric car production which will also serve dual purpose.
Murata To Acquire Sony’s Battery Manufacturing Business
An agreement has been made between Sony & Murata to mutually benefit from the purchase deal.
Natural vs Synthetic dyes – the paradox of sustainability
Although natural dyes have a smaller pollution footprint, they are expensive to grow and are not economical for large scale manufacturing, Synthetic dyes on the other hand make more economical sense but have a larger pollution footprint. With the world gone “consumption-mad”, untreated chemicals discharges in local water bodies are increasing their pollution levels. Where lies the answer in such a scenario?
