Tag: industry

• Thursday, September 19th 2019 - 10:12 UTC

  Uruguay avoids recession, but the economy is stagnant

  

  The Central Bank of Uruguay (BCU) released the report of the country's quarterly economic situation, which reports that the Uruguayan economy grew by only 0.1% year-on-year and 0.3% in the second quarter of the year, compared to the first three months of the year, when it registered a 0.1% drop.

• Thursday, June 6th 2019 - 08:37 UTC

  Argentina's industrial output down 8.8%; car production falls 35.3% in twelve months

  

  Argentina’s industrial output fell 8.8% in April compared with the same month a year ago, official data showed on Wednesday, marking 12 straight months of production losses as the economy struggles with recession and rapidly-rising consumer prices.

• Wednesday, May 15th 2019 - 08:43 UTC

  China reports weaker industrial output and retail sales during April: stimuli round the corner?

  

  China on Wednesday reported surprisingly weaker growth in industrial output and retail sales for April, reinforcing expectations that Beijing needs to roll out more stimulus measures as the trade war with the United States escalates.

• Friday, February 15th 2019 - 07:15 UTC

  End for a symbol of Europe technology: Airbus will cease production of the A380

  

  The world’s largest airliner has run out of runway after Airbus decided to close A380 production after 12 years in service due to weak sales. The decision to halt production of the A380 superjumbo is the final act in one of Europe’s greatest industrial adventures and reflects a dearth of orders by airline bosses unwilling to back Airbus’s vision of huge jets to combat airport congestion.

• Saturday, January 5th 2019 - 08:34 UTC

  US economy ever so strong: 312.000 jobs added in December

  

  The US economy created many more jobs than expected in December, according to the latest government data. Employers added 312,000 jobs, far ahead of predictions of 177,000, the Labor Department said.

• Friday, January 4th 2019 - 08:54 UTC

  Argentine industrial production plummeted 13.3% last October

  

  Argentina industrial production plummeted 13.3% in October 2018 after plunging 6.8% in the previous month. It was the seventh straight drop and the sharpest decline since June 2002, as all categories fell excluding tobacco (+1.5%) and basic metals (+4.1%).

• Monday, November 19th 2018 - 08:49 UTC

  Automation, rust belts, and the angry and unhappy US electorate

  

  Barack Obama said of the U.S. mid-term elections that “the character of our country is on the ballot,” and the outcome proved him right. The United States is a psychological basket case, more deeply and angrily divided than at any time since the Vietnam War.

• Friday, October 5th 2018 - 09:03 UTC

  Industrial activity in Argentina down 5.6% in August and 0.8% in last 12 months

  

  August data for industry was only a slightly better figure than the previous month – in July, a decline of minus 5.7% was witnessed. In June, the sharpest, most pronounced fall of the year was witnessed: 8.1%, year-on-year.

• Thursday, September 27th 2018 - 09:17 UTC

  China unveils plan to cut tariffs on over 1.500 industrial products

  

  China on Wednesday unveiled plans to cut tariffs for products including machinery, electrical equipment and textile products beginning on Nov. 1, as the country braces for an escalating trade war with the United States.

• Wednesday, September 19th 2018 - 08:28 UTC

  Brazilian economy recovering at snail pace: 1.19% in seven months of 2018

  

  Brazil's economy grew 0.57% in July from June, Brazil's Central Bank said citing the Economic Activity Index (IBC-Br). The data shows a second consecutive month of GDP growth in South America's largest economy.