Tag: Manufacturing
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Martinrea International Inc. Announces Investment in Equispheres Inc., a Supplier of High-Performance Powders for Additive Manufacturing
Martinrea International Inc. TORONTO, April 23, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX:MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announces that in March, 2024, the Company was the lead investor in a financing round for Equispheres Inc., acquiring ... -
Medical Science Co-investment Plan | Department of Industry Science and Resources
To support the development of manufacturing in Australia in the medical science sector, we will capture more value from our world-leading medical research by increasing our industrial capabilities and capacity, supporting the commercialisation of high-value products, and improving the international competitiveness of our medical science and technology sector. Investment opportunities in medical science Digital health ... -
AVPro Edge Investment in AudioControl Aims to Enhance Manufacturing & Processes
AudioControl has only been under AVPro Global for a little more than a half year, and the company is already capitalizing on having a new parent company. AudioControl has been the benefit of significant investment by AVPro Global since the August 2023 acquisition, using it to elevate all aspects of manufacturing and improve processes, the company ... -
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge – POLITICO
If by U.S. election time in November the ECB has cut rates three times, and the Fed hasn’t at all, “another test of parity is a real danger,” he added. Derek Halpenny, head of global markets research at Mitsubishi UFJ Financial Group, said the ECB was as explicit as it could be about expecting to ... -
Not even China can help Australia’s commodity exports: Russell
Not even China can help Australia’s commodity exports: Russell The opinions expressed here are those of the author, a columnist for Reuters. By Clyde Russell Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy ... -
Top Chip Manufacturer to Receive U.S. Investment
The U.S. Department of Commerce will award $6.6 billion in grants to support the construction of a U.S. semiconductor manufacturing hub by Taiwan Semiconductor Manufacturing Company (TSMC), the leading semiconductor chip manufacturer responsible for producing a majority of the world’s supply. On April 8, President Joe Biden said the CHIPS and Science Act funds will ... -
Tesla Stock Is Rising Again. Why It Refuses to Sell Off.
Tesla stock briefly dived in midday trading Friday after Reuters reported the electric-vehicle company wouldn’t build the lower-priced all-electric vehicle Wall Street refers to as the Model 2. Tesla shares fell as much as 6.2% to $160.52. Shares closed at $164.90, down 3.6%, while the S&P 500 and Nasdaq Composite rose 1.1% and 1.2%, respectively. ... -
Xiaomi Electric Car Ships, Stock Jumps
The Chinese smartphone maker Xiaomi started shipping its SU7 electric vehicle. It looks a little like a Tesla Model 3 and is priced a little lower. Sales are just starting, so the company’s ultimate success has yet to be determined. Still, Xiaomi appears to have succeeded where Apple failed. The iPhone juggernaut recently stopped developing ... -
AT&T, Tesla, Li Auto, UPS, Microsoft, Semtech, and More Market Movers
AT&T was falling 2.6% after the telecommunications company over the weekend disclosed that personal data from millions of account holders was leaked on the dark web about two weeks ago. AT&T has launched an investigation and has begun notifying customers whose personal information was compromised. It also has reset the passcodes of current users. AT&T ... -
Tesla Stock Gets Cut Again. Why Wall Street Suddenly Hates the Stock.
Tesla stock was unsure of what it wanted to do on Monday, initially trading lower after another downgrade and then bucking those losses to turn solidly green. At midmorning, shares were essentially flat. The downgrade, the fourth from a major broker this year, comes as demand for electric vehicles keeps slowing—and means Wall Street hasn’t ...