Manufacturing

Tesla’s Texas, Berlin factories ‘losing billions of dollars’
A shortage of batteries and China COVID curbs have left the EV maker struggling to ramp up production, Elon Musk said.
Published On 23 Jun 2022
China’s economy showed recovery sparks in May but consumers wary
Industrial production rose unexpectedly in May on easing of COVID curbs but consumer spending remained weak.
Published On 15 Jun 2022
India’s plan to remove old, polluting vehicles faces challenges
Most vehicle owners surveyed say decision to remove them should be based on miles covered, not vehicle age.
Published On 9 Jun 2022
Biden to waive tariffs for 24 months on solar panels hit by probe
US probes whether Chinese firms are circumventing tariffs by assembling panels in Cambodia, Malaysia, Thailand, Vietnam.
Published On 6 Jun 2022

Manufacturers slowed activity last month in countries ranging from Japan to Taiwan and Malaysia.

Several business groups in Sri Lanka have asked the president to appoint a new government and resign immediately.

The southern African state once adopted US dollars as legal tender when hyperinflation rendered its currency worthless.

Manufacturers have become more anxious about supply in the coming months due to new COVID-19 lockdowns in China.

The move comes at a time when both nations are desperate to reduce their dependence on China.

The second of a two-part investigation on criminal corruption in the international food business.

To diversify exports beyond textiles, Pakistan is offering firms incentives and applying pressure to step up exports.

To sustain economic recovery, the upcoming budget will have to balance fiscal prudence with funding the pandemic-struck.

At least four states tweeted to Elon Musk over the weekend to set up shop with them after he flagged gov’t problems.

About $250m of textiles exports were lost last month after mills in Punjab had to shut for 15 days on fuel shortages.

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