Finance
Feds give record $27B in loans for utility expansion in Georgia and Alabama
[ad_1] ATLANTA — Federal energy officials on Wednesday announced a record $27 billion loan to electric utilities in Georgia and Alabama, saying the loan…
Tag: Manufacturing sector
Technology
TSMC to make advanced AI semiconductors in Japan in boost for its chipmaking ambitions
[ad_1] TOKYO — Taiwan’s chipmaker TSMC said Thursday it will be manufacturing some of the world’s most cutting-edge semiconductors in Japan to meet booming…
Technology
Even small EU nations go big on arms production
[ad_1] NICOSIA, Cyprus — There’s a chance the dreaded buzz of propellers heard on Ukrainian battlefields is coming from drones built in a country…
Technology
ASML made record $11.5 billion profit in 2025 thanks to AI-driven demand, plans to cut 1,700 jobs
[ad_1] THE HAGUE, Netherlands — Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025…
Business
Analysis-China can’t make consumers buy goods, so it leans on services to drive economy
[ad_1] By Kevin Yao BEIJING, Jan 21 (Reuters) – China is planning to introduce new measures to promote the consumption of services, betting that…
Finance
Chinese steel factory officials detained after explosion that leaves 4 dead, 6 missing
[ad_1] Chinese police have detained those in charge of a steel factory in Inner Mongolia after an explosion killed four people [ad_2] Source link
Finance
In a warming world, freshwater production is moving deep beneath the sea
[ad_1] CARLSBAD, Calif. — Some four miles off the Southern California coast, a company is betting it can solve one of desalination’s biggest problems…
Finance
This Vietnamese town boomed as factories left China. Now it’s asking what’s next?
[ad_1] BAC NINH, Vietnam — The transformation of Vietnam’s Bac Ninh is evident in the signs above its shops and the spicy Chinese and…
Finance
China factory activity picks up in December as orders rebound ahead of holidays
[ad_1] BANGKOK — Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and…
Finance
iRobot files for bankruptcy protection; will be private under restructuring
[ad_1] Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more…
Technology
South Korean solar firm cuts pay and hours for Georgia workers as US officials detain imports
[ad_1] A South Korean solar company says it will temporarily reduce pay and working hours for about 1,000 of its 3,000 employees in Georgia…
Breaking News
Explosion at Mississippi chemical plant causes ammonia leak, evacuations
[ad_1] YAZOO CITY, Miss. — An explosion at a hydrogen and nitrogen product manufacturer in Mississippi on Wednesday caused an ammonia leak and forced…
Business
NATO member Romania signs agreement with Germany’s Rheinmetall to build a gunpowder plant
[ad_1] BUCHAREST, Romania (AP) — NATO member Romania signed an agreement Monday with German defense company Rheinmetall to build a gunpowder factory in central…
Finance
China’s next 5-year plan puts focus on high-tech and consumers
[ad_1] HONG KONG — China’s leaders have vowed to reduce its reliance on foreign advanced technology and spur stronger domestic demand as it weathers…
Finance
In Japan and South Korea, Trump will promote big investments. But the details are still not clear
[ad_1] WASHINGTON — President Donald Trump is going to Japan and South Korea next week to promote an epic financial windfall — at least…
Finance
After winning Trump’s $20 billion, President Milei must win votes as Argentine industry reels
[ad_1] BUENOS AIRES, Argentina — BUENOS AIRES, Argentina (AP) — The factory floor used to roar. Walking around his textile mill in southern Buenos…
Fact Checking
Trump says the US has secured $17 trillion in new investments. The real number is likely much less
[ad_1] WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion. That’s the sum of new…
Technology
Taiwanese chipmaker TSMC sees nearly 40% jump in its net profit thanks to the AI boom
[ad_1] Taiwan’s leading computer chip maker, TSMC, has reported its net profit surged nearly 40% in the last quarter, boosted by the surge in…
Breaking News
Powerful blast at a Tennessee military explosives plant rattles homes miles away
[ad_1] McEWEN, Tenn. — McEWEN, Tenn. (AP) — A powerful blast ripped through a military explosives manufacturing plant in rural Tennessee on Friday morning,…
Breaking News
Trump says US has secured $17T in new investments. The number is likely much less.
[ad_1] WASHINGTON — WASHINGTON (AP) — The economic boom promised by President Donald Trump centers on a single number: $17 trillion. That’s the sum…