Browsing: manufacturing

Tariffs are reshaping U.S. trade and inflation, adding $1,200 yearly to household costs as businesses and consumers absorb rising import prices.

China expands rare earth export controls as U.S. officials warn of economic risks and call for stronger critical mineral supply chain resilience.

Germany’s auto sector slashed 51500 jobs in a year as industrial employment fell 2.1 percent, driven by declining exports and rising operational costs.

AstraZeneca’s $50 billion investment will expand US drug manufacturing and R&D, boosting innovation and creating new job opportunities in key locations.

Germany’s economic contraction extended into December, marking six straight months of decline as weak manufacturing output offset modest stability in the services sector.

China’s economy is under severe strain as manufacturing and property sectors struggle, raising doubts about the government’s growth target for 2024.

The European Commission has greenlighted a €5 billion aid for a new German semiconductor plant to strengthen EU’s tech sovereignty.