Three out of five British companies have reported that increasing and volatile energy costs are severely hampering their growth strategies. A recent survey conducted by EY, the professional services firm,
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IBM, one of the world’s leading technology companies, has announced plans to invest $150 billion in domestic manufacturing within the United States over the next five years. The company’s significant
Recent reports suggest that Apple is taking decisive action to avoid the significant tariffs imposed on Chinese imports by relocating its iPhone manufacturing operations to India. The tech giant has
One of Britain’s largest private companies has unveiled plans to significantly expand its manufacturing capabilities in the United States. JCB, a renowned maker of construction machinery, has announced an ambitious
Some of the world’s largest car manufacturers and two prominent industry trade bodies have been penalised nearly £460 million for participating in a cartel related to vehicle recycling and advertising
Elon Musk’s SpaceX is making a substantial effort to evade tariffs on equipment imported from China as tensions escalate under President Donald Trump’s trade policies. The rocket company has formally
The latest data from the S&P UK PMI composite output index reveals a significant boost in private sector activity, climbing to a six-month high in March. The index rose to
Nvidia, the world’s largest computer chipmaker, has pledged to invest “several hundred billion” dollars in US manufacturing over the next four years. Jensen Huang, the company’s chief executive and co-founder,
A Cardiff-based startup, Space Forge, is set to revolutionise advanced manufacturing by launching an innovative robotic factory into space. The company’s oven-sized ForgeStar-1 satellite is scheduled to be sent into
The sonic boom of Concorde, a groundbreaking aircraft that once sped across the skies, spelled its ultimate downfall more than two decades ago. Its thunderous 110-decibel roar ensured the jet
Volkswagen Group’s latest financial results reveal an unconventional yet intriguing highlight. Despite a challenging year that saw a significant 30.4% drop in profits after tax for 2024, the German automaker
Ford has announced plans to invest €4.4 billion into its electric vehicle (EV) manufacturing programme in Germany, an attempt to revitalise its struggling European operations. The US automotive giant, which
Troubled British steel tycoon Sanjeev Gupta is at the centre of a legal dispute with administrators for control of InfraBuild, an Australian steel company valued at A$6 billion (£3 billion).
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading contract chipmaker, has unveiled plans to invest $100 billion in semiconductor manufacturing across the United States. The announcement was made alongside President
The global energy landscape stands poised for a significant transformation as prospects of peace between Russia and Ukraine emerge, potentially reshaping market dynamics in favour of US interests. The anticipated
The US chemicals behemoth Dow has launched a strategic review of its operations at its Barry manufacturing site in South Wales, casting a shadow over a significant portion of its
