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China factory activity slows
February 04, 2025
|Financial Express Ahmedabad
Billionaire Elon Musk, who is heading US President Donald Trump's drive to shrink the federal government, gave an update on the effort early Monday, saying work is underway to shut down the US foreign aid agency USAID.
US FACTORY ACTIVITY expanded last month for the first time since 2022 as orders ramped up and production quickened, pointing to a brighter manufacturing outlook.
The Institute for Supply Management's manufacturing gauge rose 1.7 points in January to 50.9, the highest since September 2022, according to data released Monday. Readings above 50 indicate growth. The surveys were conducted before President Donald Trump announced 25% tariffs on imports from Canada and Mexico that risk disrupting supply chains for American producers.
A measure of new orders rose 3 points to 55.1, the strongest growth since May 2022.
BILLIONAIRE ELON MUSK, who is heading US President Donald Trump's drive to shrink the federal government, gave an update on the effort early Monday, saying work is underway to shut down the US foreign aid agency USAID.
هذه القصة من طبعة February 04, 2025 من Financial Express Ahmedabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Ahmedabad
Financial Express Ahmedabad
India's risks in the Iran conflict go way beyond oil
PAST CONFLICTS IN West Asia typically hit India at the gas station.
3 mins
March 04, 2026
Financial Express Ahmedabad
Industry flags inverted duty on capital goods
ELECTRONICS MANUFACTURERS ON Tuesday sought targeted policy refinements, including duty rationalisation and relief on bonded warehousing provisions, at a post-Budget consultation with the ministry of electronics and information technology (MeitY) on the ₹40,000-crore expansion of the Electronics Components Manufacturing Scheme (ECMS).
1 min
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Infosys, Intel partner to scale up enterprise AI
INFOSYS AND INTEL on Tuesday announced a strategic partnership aimed at helping enterprises move artificial intelligence initiatives from pilot stages to scaled production deployments.
1 min
March 04, 2026
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Textile shipments to US, Europe face threats
INDIA'S $37-BILLIONTEXTILE and apparel exports industry faces fresh disruptions as escalating conflict in West Asia has forced shipping lines to reroute vessels, pushing up freight costs and delaying deliveries to key markets in the US and Europe.
2 mins
March 04, 2026
Financial Express Ahmedabad
Tech park sale: CapitaLand in talks with Mindspace REIT
CAPITALAND INVESTMENT IS in talks to sell a technology park project in Chennai to Mindspace Business Parks REIT, according to people familiar with the matter.
1 min
March 04, 2026
Financial Express Ahmedabad
Evacuation gets wings as fear lingers
5,000 Indians finally fly home, 650 still stranded
2 mins
March 04, 2026
Financial Express Ahmedabad
Ministries huddle to assess fallout from escalating crisis
Officials remain hopeful that the conflict will be short-lived
1 mins
March 04, 2026
Financial Express Ahmedabad
Pahalgam attack: GoPro cam activated in China, says NIA
AN NIA COURT in Jammu has issued a Letter Rogatory (letter of request) to the competent judicial authority in China for assistance in finding the supply chain and end-user details of an electronic device linked to the probe into last year’s terror attack in Pahalgam.
1 mins
March 04, 2026
Financial Express Ahmedabad
Wall Street indices tumble 2%
WALL STREET'S MAIN indices fell more than 2% on Tuesday, with the S&P 500 hitting its lowest in over two months, as investors braced for the impact of a widening West Asia conflict on oil prices, inflation and global trade.
1 mins
March 04, 2026
Financial Express Ahmedabad
US embassy hit as conflict flares
• US, Israel, Iran ramp up strikes on Day 4 of war • Israel orders ground troops into Lebanon • Iran president office & Unesco site targeted • Will set ablaze ships on Strait of Hormuz: Iran
1 min
March 04, 2026
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