Germany is set to become a hub for industrial AI, with the launch of Europe’s first dedicated industrial AI cloud. A collaboration between Nvidia and Deutsche Telekom will […]
China’s Manufacturing Slumps as Weak Exports Fuel Contraction
China’s manufacturing sector has contracted for the second consecutive month, according to a recent survey by Caixin Insight Group. The index reached its lowest point since September 2022, […]
Canadian Manufacturing Sales Plunge 2% in April 2025
Canada’s manufacturing sector experienced a significant decline in April 2025, with sales falling by 2.0%. Statistics Canada reported that the petroleum, coal, and automotive industries were major drivers […]
Canadian Manufacturing Sales Plummet 2% in April 2025
The Canadian manufacturing sector faces a challenging landscape as sales plummeted by 2% in April 2025, according to preliminary data from Statistics Canada. This marks the largest decline […]
Canadian Manufacturing Plummets as Trade Tensions Mount
Canada’s manufacturing sector experienced a significant downturn in April, with sales plummeting and new orders remaining flat. The drop is attributed to the impact of U.S. tariffs on […]
Ken Griffin Raises Alarm Over Trump’s Manufacturing Strategy’s Potential Impact on Inflation & Jobs
Billionaire investor Ken Griffin, CEO of Citadel, expressed concerns about the potential inflationary impact and job displacement associated with President Trump’s manufacturing repatriation strategy. He warned that shifting […]
U.S. Tariffs Slow China’s Manufacturing Activity
China’s manufacturing sector experienced a slowdown in April, as US tariffs dampened new orders and triggered job cuts, according to a private survey released Wednesday. The Caixin and […]
Apple Shifts US iPhone Production to India: Major Move for Global Supply Chain
Apple is making a major strategic shift in its manufacturing strategy, aiming to move iPhone production from China to India by 2026. This move is aimed at diversifying […]
Economists Say Trump’s Tariffs Won’t Revive US Manufacturing
President Trump has implemented tariffs as a means of boosting domestic manufacturing, but economists are skeptical about the effectiveness of this strategy. Despite claims by businesses that international […]
China’s Factories Face Tariff Pressure: Impacts on Production & Employment
Chinese factories are grappling with economic challenges, as tariffs imposed by the United States significantly impact production levels and employment. The situation has raised serious concerns among stakeholders, […]
U.S. Manufacturing Contraction: ISM PMI Falls to 49.0
The U.S. manufacturing sector experienced a contraction in March, as the ISM Manufacturing PMI dropped to 49.0. This reading fell short of expectations of 49.5, signaling a decline […]
U.S. Manufacturing Contracts Amidst Tariff-Driven Price Hikes
Manufacturing activity in the U.S. contracted in March, driven by surging input costs triggered by escalating tariffs. The ISM Manufacturing Activity Index fell below 50 for the first […]
Apptronik’s Jabil Partnership Revolutionizes Robot Manufacturing
Apptronik, a pioneering robotics firm based in Austin, Texas, has announced a groundbreaking partnership with manufacturing giant Jabil that could reshape how robots are built. This innovative collaboration […]