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Tag Archives: Industrial

China's economy is deteriorating in July, industrial growth is at its 17-year low as the trade war escalates

PEKING (Reuters) – China's economy stumbled more-than-expected in July, with industrial production growth plummeting to more than 17-years low as the worsening US trade war hit businesses and consumers harder. FILE PHOTO: Trucks are transporting containers in a port in Qingdao, Shandong Province, China, July 11, 2019. REUTERS / STRINGER China's activities have continued to cool and raise questions over …

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Dow Jones Industrial Average Drops as deadline at midnight rate

tariff Tiff. US equities remained under pressure on Thursday before additional duties on Chinese imports took effect at midnight. All three major indices included red. About Technologies paid its IPO at $ 45 per share given the turmoil on the stock markets and the poor performance of its rival Lyft (ticker: LYFT). Facebook (FB) co-founder Chris Hughes called for the …

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Jony Ive & # 39; s industrial design team lost another veteran, this time to Airbnb

Jony Ive's industrial design team at Apple loses another veteran after breaking news on three key members of the group last week. As reported by Dezeen, Apple's Miklu Silvanto will leave the industrial design team after eight years Jony Ive heads the Backyard team, which is part of the Airbnb design studio Samara. Silvanto joins Apple's industrial design department and …

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China reports GDP in the first quarter; March industrial production, retail

But J.P. Morgan Asset Management said Beijing could hold back new momentum. In particular, the Chinese central bank would support further easing of monetary policy to avoid further accumulation of debt, said Tai Hui, the company's main market strategist for the Asia-Pacific region. "We should remember that this year's growth target is 6-6.5. The recent 1Q figure is already reaching …

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Explosion rocks industrial area in east China

HONG KONG – At a blast on Thursday afternoon in a chemical plant in East China, at least six people were killed, the local government said. The explosion occurred in Xiangshui District, Jiangsu Province. The China Earthquake Administration reported a 2.2 magnitude earthquake at 14:48. It was assumed that this was caused by the explosion. At least 30 people were …

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Industrial production in the US fell in January for the first time in eight months

Bloomberg News / Landov A launchboat 27 at Winnebago Industries Inc.'s Chris-Craft manufacturing facility in Sarasota, Florida. The figures: Industrial production fell 0.6% in January, the first decline In eight months, the Federal Reserve announced on Friday. The decline was below Wall Street expectations for a flat value. In addition to a sense of weakness in the report, industrial production …

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China's industrial gains in December shrink again due to weak demand, headwinds from trading Reuters

© Reuters. FILE PHOTO: Workers Strolling Around an Ansteel Steel Slag Processing Plant in Anshan By Stella Qiu and Ryan Woo BEIJING (Reuters) – Chinese industrial companies' earnings shrank in December for a second straight month due to price cuts and a decline in sales Factory activity is putting more pressure on an economy that has been in its weakest …

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SpaceX blows Starship heat shield with industrial flame throwers

SpaceX's Starship hopper before falling over in a storm. SpaceX SpaceX and Elon Musk have great ambitions to send the spaceship around the Moon and finally to Mars. The eye-catching stainless steel spacecraft currently under development will use a metallic heat shield, and this heat shield is already undergoing a fairly serious stress test. Musk has posted a video on …

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