By Chris Wack Elevai Labs and INmune Bio have recently entered into an exclusive licensing agreement for the worldwide manufacturing and processing technology of Good Manufacturing Practice (GMP) grade human…
Autoliv, the Swedish manufacturer of airbags and safety belts, has announced plans to cut approximately 320 jobs at its major plants in France as part of its ongoing cost-cutting measures.…
(ISM) The Manufacturing PMI in the US was registered at 56.1 in May, representing a gain of 0.7 percentage points from 55.4 in April. The May PMI reflected growth in…
(S&P Global) China’s Purchasing Managers Index was recorded at 48.1, signaling another contraction, although activity improved from the 26-month low index of 46.0 in April. Firms reported softer declines in…
(NBS) China’s purchasing managers’ index, gauging manufacturing activity, was recorded at 49.6 in May, signaling a contraction for another month. The contraction was better than the feared index of 48.0%.…
(Philadelphia Fed) The diffusion index gauging the current activity in the US plunged by 15 points in May to 2.6, the lowest in two years. The share of firms that…
(NewYorkFed) The index gauging the general business conditions in New York city plunged by 36 points to a contraction zone of minus 11.6 in May. The fall in manufacturing conditions…
(S&P) The PMI gauging the manufacturing activity in the UK was recorded at 55.8 in April, rising from March’s five-month low of 55.2. Manufacturing output was noted to have increased…
(S&PGlobal) The headline for the US Manufacturing PMI was 59.2 in April, an increase from 58.8 in March. The rate of growth was the quickest since September. The improvement in…
(NY Fed) The index gauging the general business conditions in the New York State manufacturing sector rose by thirty-six points in April to 24.6. The increase in manufacturing activity happens…
(IHS Markit) The US Manufacturing Purchasing Managers’ Index was recorded at 57.3 in February, accelerating from 55.5 in January. The increase in manufacturing activity reflected a sharper rise in new…
(IHS Markit) Eurozone opened the year with robust manufacturing activity, as PMI rose to 58.7, a five-month high and above December’s final reading of 58.0. Growth was highest in Austria,…