* Oct core orders soar 17.1% m/m vs forecast +2.8% * Core orders +2.8% yr/yr vs forecast -11.3% * Manufacturers' orders grow 11.4%, service sector orders +13.8% By Daniel Leussink. Japan's core machinery orders rebounded sharply in October from the previous month's drop, the government said on Wednesday, a welcome development for an economy emerging from a deep coronavirus slump.
Falling demand for U.S. coal during the coronavirus pandemic continues to take a heavy financial toll on the industry, tipping two more coal production companies into bankruptcy. White Stallion Energy LLC and Lighthouse Resources Inc. filed for chapter 11 protection Wednesday and Thursday, respectively, in the U.S. Bankruptcy Court in Wilmington, Del.
Vaccines against COVID-19 will take some steam out of the market for hygiene products, but demand will remain above pre-pandemic levels as frequent hand-cleaning is here to stay, an executive at Ecolab (ECL), a leading firm in the sector, said on Thursday.
The mining industry is making progress on the introduction of a zero carbon truck fleet by 2040, bringing in new partners as it strives to drive down emissions, the head of the International Council on Mining & Metals said on Tuesday.
The energy sector drove Canada's main stock index higher on Monday, as more signs of progress in developing a COVID-19 vaccine bolstered hopes of an economic revival and lifted oil prices.
The Institute of Scrap Recycling Industries joined by the U.S. Senate Recycling Caucus hosted the annual State of Recycling Briefing. “While the factors surrounding COVID-19 put enormous pressures on recycling, it also triggered an awakening of the importance of recycling as that first link in the manufacturing supply chain,” said ISRI President Robin Wiener.
A group of major U.S. utilities, Tesla, Uber (UBER) and others said on Tuesday they are launching a new group to lobby for national policies to boost electric vehicle sales. The new Zero Emission Transportation Association wants to boost consumer electric vehicle incentives and encourage the retirement of gasoline-powered vehicles.
First Solar Inc (FSLR): * 5N PLUS SECURES MULTI-YEAR SEMICONDUCTOR SUPPLY CONTRACTS IN THE RENEWABLE ENERGY SECTOR Source text for Eikon: Further company coverage:
Chemical company BASF SE (BFFAF) and engineering group Robert Bosch GmbH are setting up a joint venture to further develop digital technologies for the agricultural sector, the companies said Thursday. "Thanks to connecting agricultural machinery using high-tech sensors, intelligent software and digital products, we can make tomorrow's agriculture more efficient and at the same time more environmentally friendly," said Bosch's Andrew Allen, who is responsible for the company's...
Canada's main stock index hit a one-month high on Tuesday, led by gains in financial shares, as positive COVID-19 vaccine developments boosted hopes of a faster economic revival.
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