Exports
Canada's manufacturing sector is struggling to take advantage of the USMCA trade deal, with fewer than 40% of goods shipped to the U.S. meeting the agreement's rules-of-origin. This lag in compliance is concerning, as it may result in Canada facing a higher tariff rate from
Exports
The UK government's export credit agency, UK Export Finance (UKEF), is set to provide up to PS13 billion in direct lending to support British exports across key industrial sectors. This significant increase is part of the government's growth measures, outlined in the Industrial Strategy, aimed at
Exports
Chinese manufacturers are racing to find new buyers as trade tensions with the US threaten their single largest export market. Increased exports to alternative markets, including Europe and south-east Asia, have partially offset a plunge in US-bound shipments. The European Commission is tracking and countering a surge in Chinese imports,
Manufacturing industries
As the US trade war with China shows no signs of abating, the Trump administration has embarked on a three-pronged strategy to further damage China's economy and undermine its ideology. While China's economy, particularly in the first quarter of 2024, has shown remarkable resilience with a
Emerging markets
Manish Sonthalia, an expert investment manager from Emkay Investment Managers, recently discussed market trends and valuation comfort in Indian stocks. According to Sonthalia, the market is experiencing a "problem of plenty" with many funds and investors looking for valuation comfort. This has led to increased buying by foreign
Manufacturing industries
OpenBOM, a leading provider of cloud-based PDM and PLM software, has announced a major update for Autodesk Fusion users, introducing the "Quick Start" feature that simplifies BOM creation to a single click, eliminating the need for complex configurations and settings. This update also includes automatic part number generation,
Manufacturing industries
OpenBOM, a cloud-based provider of product data management (PDM) and product lifecycle management (PLM) software, has announced a major update for Autodesk Fusion users. The update introduces the "Quick Start" feature, which simplifies bill of materials (BOM) creation to a single click, drastically reducing setup time. Along with
Artificial intelligence
Radix, a global technology solutions company, and Cognite, a globally recognized authority in Data and AI for industry, have formed a strategic partnership to accelerate the use of Artificial Intelligence (AI) and Hybrid Intelligence to streamlining and contextualizing data management and asset performance across various industries. The partnership aims to
Manufacturing industries
The Indian manufacturing sector experienced a significant acceleration in growth in June, driven by increased new orders and output, according to the HSBC India manufacturing Purchasing Managers' Index (PMI) compiled by S&P Global. The PMI reading of 58.3 in June marked a 0.8 percentage point
