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Keywords: PRODUCTION
Britain's economy returned to modest growth in May, supported by continued expansion in the services sector despite weaker performances in manufacturing and construction, according to the latest official economic data. Figures released by the Office for National Statistics (ONS) showed that gross......
Industrial production in the eurozone unexpectedly declined in May, according to newly released official data, signaling continued challenges for the region's manufacturing sector despite resilience in some industries. Industrial output fell by 0.2% compared with the previous month, marking the......
European missile manufacturer MBDA has appointed Jean-Brice Dumont as its next chief executive officer, marking a significant leadership transition as the company accelerates production to meet rising defence demand across Europe. The company announced that Dumont, currently Head of Military Aircraft......
India has approved a major expansion of its semiconductor development programme, allocating an additional 1.28 trillion rupees ($13.3 billion) in new funding to strengthen the country’s position in the global chip industry. The decision reflects New Delhi’s ambition to build a more competitive......
Venezuela has confirmed that its oil industry continues to operate normally despite the devastating twin earthquakes that struck the country, causing widespread destruction and claiming more than 4,500 lives. Speaking during a televised meeting with business leaders, acting President Delcy Rodríguez......
German engineering and technology group Bosch has begun sample production at its first semiconductor manufacturing facility in the United States, marking a significant milestone in its strategy to expand domestic chip production and strengthen supply chain resilience. The announcement follows the completion......
French President Emmanuel Macron has called on European nations to strengthen defence cooperation, arguing that separate national military strategies would undermine the continent’s ability to respond effectively to growing security challenges. Speaking during his traditional address to the French......
Samsung Electronics is accelerating the development of its semiconductor manufacturing network by bringing forward the launch of its first chip fabrication plant in Yongin, South Korea. The facility is now expected to begin operations in 2029, two years earlier than originally planned, as the company......
France’s nuclear power production has been affected by the ongoing heatwave, with EDF announcing that three reactors have been temporarily shut down and eight others operating at reduced capacity due to high temperatures and environmental regulations. The measures are aimed at respecting limits......