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Volvo Trucks Will Lay Off 700 Workers In January

Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class 8 trucks. 0 read more.....»»

Category: blogSource: benzingaNov 25th, 2019

PCB production lines may remain humming during Lunar New Year

Taiwan-based PCB makers are planning to maintain normal production during the Lunar New Year holidays in late January thanks to clear visibility of orders from Apple and Chinese handset vendors extending to early 2020, according to industry sources......»»

Category: topSource: digitimesNov 18th, 2019

US Manufacturing Contracts For 3rd Straight Month As Production, Imports Plummet

US Manufacturing Contracts For 3rd Straight Month As Production,.....»»

Category: blogSource: zerohedgeNov 1st, 2019

Futures Movers: Oil prices fall as U.S. supplies rise a second straight week and Saudi output recovers

Oil futures fall Wednesday as U.S. government data reveal a second weekly climb in domestic crude inventories and reports indicate Saudi Arabia continues to make rapid progress in restoring production after attacks on its facilities earlier this month......»»

Category: topSource: marketwatchSep 25th, 2019

Oil slips on trade fears but soars in week after Saudi production attacked

Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia's energy industry last weekend......»»

Category: topSource: reutersSep 20th, 2019

Global chip sales fall for a seventh straight month

Global chip sales fell year-over-year for a seventh straight month in July, according to the Semiconductor Industry Association late Tuesday. For July, global sales fell 15.5% to $33.4 bi.....»»

Category: topSource: marketwatchSep 3rd, 2019

North America semi equipment industry billings up slightly, says SEMI

Billings among North American manufacturers of semiconductor production equipment grew slightly on month, but posted a year-over-year decline for the 9th consecutive month in July, according to SEMI......»»

Category: topSource: digitimesAug 23rd, 2019

BMW picks insider Zipse as CEO to catch up with rivals

BMW has named Oliver Zipse as its new CEO, continuing the German carmaker's tradition of promoting production chiefs to the top job even as the auto industry expands into new areas such as technology and services......»»

Category: topSource: reutersJul 19th, 2019

U.S. manufacturing output climbs for second month in June

U.S. manufacturing output accelerated in June, climbing for the second straight month, thanks in large part to increased production of motor vehicles and parts......»»

Category: topSource: reutersJul 16th, 2019

Global stocks drop for third day, BASF warning stings Europe

World stocks fell for a third straight day on Tuesday, as a stinging warning came from German chemicals giant BASF about the effects of the global trade war and traders hedged bets on a hefty U.S. interest rate cut later this month......»»

Category: topSource: reutersJul 9th, 2019

Brexit shutdowns hammer UK car production in April - industry group

British car production collapsed last month by the largest amount since the global financial crisis as factories shut down for a Brexit that never came, industry figures showed on Thursday. Francis Maguire reports......»»

Category: videoSource: reutersMay 30th, 2019

ArcelorMittal takes the knife to European steel output again

ArcelorMittal underlined the problems facing the European steel industry when it cut production for the second time this month, blaming weak demand and high imports......»»

Category: topSource: reutersMay 29th, 2019

Euro zone sentiment drops for 10th straight month

Euro zone economic sentiment dipped for the 10th consecutive month to its lowest level in more than two years in April as managers in industry and the retail sector became more downbeat. Edward Baran reports......»»

Category: videoSource: reutersApr 29th, 2019

US Factory Output Flat to Unchanged

US manufacturing output was flat to unchanged in March after 2 straight monthly decliners. The Federal Reserve said Tuesday manufacturing production last month was restrained by weak motor vehicle and wo.....»»

Category: topSource: livetradingnewsApr 16th, 2019

Economic Report: Industrial production weakens further in March

Industrial production fell 0.1% in March, the Federal Reserve said Tuesday. This is the fourth straight month of weak readings......»»

Category: topSource: marketwatchApr 16th, 2019

Business inventories climb 0.8% for second straight month in January

The Commerce Department reported on Monday that business inventories rose 0.8% in January, the second month in a row stockpiles grew at that rate. Inventories grew 1.2% for wholesalers,.....»»

Category: topSource: marketwatchApr 1st, 2019

U.S. factory orders barely rise; shipments fall further

New orders for U.S.-made goods rose less than expected in January and shipments fell for a fourth straight month, offering more evidence of a slowdown in manufacturing activity......»»

Category: topSource: reutersMar 19th, 2019

Residential Spending Slumps For 6th Straight Month As Infrastructure Spending Soars Most Since 2003

The headline construction spending print was celebrated, rising a better-than-expected 1.3% MoM (the most since April 2018) in January, but below the surface the story is notably mixed. Private Residential building spending dropped 0.3% MoM - the sixth .....»»

Category: blogSource: zerohedgeMar 13th, 2019

Economic Report: Durable-goods orders rise in January for third straight month as investment rebounds

Orders for long-last.....»»

Category: topSource: marketwatchMar 13th, 2019

Economic Report: Durable-goods orders rise in January for 3rd straight month and investment rebounds

Orders for long-last.....»»

Category: topSource: marketwatchMar 13th, 2019