News
South Africa private sector returns to growth as inflation eases, PMI shows
11+ hour, 25+ min ago (354+ words) JOHANNESBURG, July 3 (Reuters) " South Africa's private sector returned to marginal growth in June as easing price pressures helped offset a second straight monthly decline in output and new orders, a "business survey showed on Friday. The S&P Global South…...
Bio NTech has held talks with buyers over four German sites set to close, Handelsblatt says
7+ hour, 39+ min ago (164+ words) BERLIN, July 3 (Reuters) " Bio NTech has held confidential talks with potential buyers about German sites "that the COVID19 vaccine "maker plans to close, the Handelsblatt newspaper reported on Friday. The German company said in May it would close "three "sites in…...
ORECA Group Selects Siemens Software for Motorsport Racing Vehicle Development Programs
20+ min ago (954+ words) The long-time partners have formed a joint venture that will establish groundwork for commercial product and support Joby's expansion long-term, with the central goal of bringing AAM on a broader scale. The Spanish supplier continues to strengthen its position serving…...
Lucanet Unveils AI Agents to Automate Finance and Tax Processes
4+ day, 4+ min ago (134+ words) Lucanet launched a family of AI agents designed to automate critical finance and tax processes across planning, closing, reporting and ESG. " The launch transforms Lucanet's core offering into the intelligent CFO Solution Platform, representing a paradigm shift in how mid-market…...
Severstal completes tests at upgraded cold rolling mill cutting unit
7+ hour, 39+ min ago (95+ words) Russian steelmaker Severstal has completed hot tests at the upgraded slitting line No. 10 at its Cherepovets Iron and Steel Works (Cher MK) plant, following a modernization project launched in 2024 to increase productivity, improve product quality and enhance equipment reliability. 25 Jun…...
NADINE ROBINSON: Algoma Steel layoffs shouldn't lead to bonuses
3+ hour, 7+ min ago (407+ words) CEO payout highlights a system where workers absorb the consequences while executives collect the rewards Imagine losing your job at Christmas while'learning'the departing CEO is walking away with'nearly $7 million.' Outgoing Algoma Steel CEO Michael Garcia received'nearly $6. 82 million'in compensation while'roughly 1, 000'workers…...
31. 5m Toyota Fleet Management Centre Construction Begins
1+ hour, 18+ min ago (347+ words) A West Midlands construction company has officially broken ground on a major "31. 5 million development for a major client. Amphion Construction, which has manufacturing plants in both Tipton and Walsall, won the contract to deliver the next-generation Fleet Management Centre for…...
Canada joins NATO Innovation Fund, pending ally approval, sources say
1+ hour, 13+ min ago (683+ words) Drones are seen during NATO Innovation Range demo day in the Selija military training field near Viesite, Latvia, in May. Ints Kalnins/Reuters Canada has joined NATO's more-than-$1. 5-billion Innovation Fund, pending approval from the other members of the defence…...
How Supply Chain Tech is Helping Retailers Slash Global Food Costs
10+ hour, 28+ min ago (478+ words) Major global grocery chains are aggressively reengineering their logistical networks to dramatically lower the cost of food. By deploying advanced artificial intelligence and consolidating transport routes, retail giants are attempting to shield consumers from persistent inflationary pressures. As household budgets…...
TSMC secures approval for USD 20 billion Arizona expansion
9+ hour, 58+ min ago (389+ words) ANI 03 Jul 2026, 19: 31 GMT+10 Taipei [Taiwan], July 3 (ANI): Taiwan Semiconductor Manufacturing Co. (TSMC) has received official clearance to inject USD 20 billion into its wholly owned subsidiary in Arizona. According to a news report by Focus Taiwan, the approval was one of…...