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Manufacturing
The UK’s declining naval power is reflected in the struggles at Belfast’s Titanic…
Harland & Wolff shipyard, Belfast, is known for building the Titanic. It was the largest passenger vessel of its day before it struck an iceberg during its maiden voyage over the Atlantic. Things have changed since 1912. Samson, the…
Boeing deal threatens 2,400 jobs in UK factory
After the split of Spirit AeroSystems by Boeing and Airbus, the future of a British aerospace facility is uncertain. Up to 2,400 jobs are at risk.
The future of the Belfast factory is in danger because a large part of Spirit's Belfast…
Supplier to Boeing warns against breaking up of Northern Ireland facility
Spirit AeroSystems UK's head has warned that the possible break-up of their Northern Ireland operations, in the event of sale, would be "extremely damaging" to the future of the company and the aerospace industry of the region.
After…
Aston Martin says new models will drive profit after sales fell
Aston Martin Lagonda's first-quarter sales have been slow, but the group says that four new models or refreshed versions released this year will allow it to achieve revenue and profit goals over the next two decades.
London's sole listed…
Britain restricts quantum computer exports due to fears of foreign military use
As a result of growing concerns about the potential weaponisation of this technology by foreign militaries, the government is taking action against exports to foreign buyers.
Exporters are prohibited from selling powerful Quantum…
Jaguar Land Rover to separate its cars division from the EV shift
Jaguar Land Rover's Indian owner is spinning off its automobile division to prepare for an electric vehicle-centric future.
Tata Motors announced Monday that its existing auto business will be divided into passenger cars and commercial…
Boeing is in the ‘last-chance saloon’: warns Emirates’ head
Emirates Airline's head has warned Boeing that it is in the "last-chance saloon", as he prepares to send his engineers to oversee Boeing's production line after witnessing the long decline in the manufacturing performance.
Sir Tim Clark…
After the Red Sea attacks, European retailers and manufacturers are facing a chaotic period
Logistics experts warn that attacks on ships in the Red Sea could disrupt supply chains and create chaos for Europe's retailers and manufacturers.
Since Yemen's Houthi militants, backed by Iran, increased attacks last month on vessels…
Volkswagen Germany to Cut Thousands of Jobs
Volkswagen in Germany has warned its employees that they will be facing a wave of job cuts. The company is fighting the same high costs, low productivity and other problems that plague the German economy.
It is believed that the carmaker…
Taiwanese suppliers of semiconductors target Europe’s Next-Generation factories
As the construction of Europe's first advanced chip factories in decades changes the supply chain, suppliers to Taiwan's semiconductor industry plan an entry into Europe.
"We plan investments in Germany and Europe will be ours," said…
How Poland wants to rob Germany of its crown as Europe’s industrial heartland
As the G7 powerhouse is losing steam, its eastern neighbor is growing stronger.
Germany is still haunted by the spectre that idle factories cast last year, when gas prices soared.
Deindustrialisation, a phenomenon previously…
Kemi Badenoch wants cash to fund UK’s ‘advanced Manufacturing Plan’
Kemi Badenoch, UK Business Secretary Kemi Badenoch, is asking the Treasury to provide the financial firepower needed for a "new advanced manufacturing plan", which will outline how Britain plans to compete for global investment into green…
Saudi Arabia is after Britain’s military treasure
Mohammed bin Salman sees the Kingdom as the next industrial powerhouse in the world
Saudi Arabia has long been dotted with oil pumps, but soon they will be joined by factories.
Crown Prince Mohammed Bin Salman wants the…
ITM, a manufacturer of hydrogen equipment, hails “tangible progress” on recovery
ITM Power, a UK manufacturer of hydrogen equipment, said that it had made "tangible progress" in its turnaround after posting annual revenues which exceeded expectations. This was following a series of profit warnings over the past year.…
TSMC will build a chip factory in Germany worth €10bn
Taiwan Semiconductor Manufacturing Company and three corporate partners will build a €10bn facility in Germany. The world's biggest contract chipmaker is seeking to diversify its global operations in response to concerns about geopolitical…