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US factory activity stable as export orders riseUS factory activity expanded at a more moderate pace in April due in part to a slowdown in new orders, but a rise in export orders to a near 1-1/2-year high and signs an inventory overhang drag was fading offered hope for the manufacturing secto More… |
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Kia produces two millionth vehicle in USKia Motors Manufacturing Georgia has produced the plant’s two millionth vehicle – a white 2016 Sorento SXL – which rolled off the assembly line in the US city of West Point, Georgia. Representing an investment of More… |
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Oil extends losses on US factory dataOil prices fell around 2 per cent in early Asian trade on Wednesday, as a stronger than expected build in US crude oil stocks and weaker US manufacturing data fuelled a rout in prices that started in the previous session. Brent an More… |
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Factory output boosts US economic outlookUS manufacturing output rose broadly in July and automobile production recorded its largest increase in five years, boosting the economy at the start of the third quarter. While other data on Friday showed some cooling in factory More… |
