WASHINGTON (Reuters) – U.S. manufacturing activity slowed in October as a measure of new orders dropped to a 16-month low and factories continued to experience…
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China's factory activity shrinks for 2nd month in sign of economic woes ahead
BEIJING (REUTERS) – China’s factory activity contracted more than expected in October to shrink for a second month, hurt by persistently high raw material prices…
Coronavirus infections at US meat plants far higher than previous estimates: House subcommittee
WASHINGTON (REUTERS) – Workers at the leading US meatpacking plants experienced cases and deaths from Covid-19 that were up to three times previous estimates, according…
ASM Pacific Technology posts robust Q3 results, expects strong Q4 despite supply chain challenges
SINGAPORE – Singapore-headquartered electronics and semiconductors solutions provider ASM Pacific Technology (ASMPT) posted robust results for the third quarter of 2021 on Wednesday (Oct 27),…
US bans Malaysian glove maker Supermax over alleged labour abuses
KUALA LUMPUR (REUTERS) – The United States has barred imports from Malaysian glove maker Supermax Corp over alleged forced labour practices at the company, the fourth Malaysian…
When a Factory Relocates to Mexico, What Happens to Its American Workers?
By Richard Davies AMERICAN MADEWhat Happens to People When Work DisappearsBy Farah Stockman Is there any invention as underappreciated as the ball bearing? These magical…
UPDATE 1-Chile copper output down in August as labor strikes dog production
(Updates with additional context on copper production decline, details on manufacturing output) SANTIAGO, Sept 30 (Reuters) – Copper production in Chile, the world’s top copper…
N.Y. Fed's factory gauge softens on slower shipments, order growth
FILE PHOTO: A U.S. flag flies outside The Federal Reserve Bank of New York in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid(Reuters) -The…
N.Y. Fed's Empire State manufacturing business index declines in August
FILE PHOTO: A U.S. flag flies outside The Federal Reserve Bank of New York in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid(Reuters) –…
U.S. manufacturing growth cooling; bottlenecks starting to abate
WASHINGTON (Reuters) – U.S. manufacturing activity grew at a slower pace in July for the second straight month as raw material shortages persisted, though there…