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Measuring the US and China’s conscious decoupling

November 16, 2023

MUMBAI, Nov 16 (Reuters Breakingviews) – The United States prefers to talk about efforts to reduce its dependence on China in positive language. American officials use terms like “de-risking”, “friendshoring” and safeguarding “national security”. Their Chinese counterparts view all these references as a way of describing a decoupling of the world’s two largest economies – […]

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SUS Corporation deploys ABB’s YuMi cobots to better manage lead times

November 15, 2023

SUS Corporation, a Japanese supplier of aluminum frames and die-cast aluminum components for the automotive industry, has deployed a series of ABB’s YuMi dual-armed collaborative robots. SUS Corporation says that ABB’s robots are enabling it to reshore its production and address challenges presented by workforce shortages.  ABB’s dual-arm YuMi, the IRB 14000, is part of […]

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Supply Chain Resilience Could Soon Prove Too Expensive, Says S&P

November 15, 2023

Supply chain resiliency could prove to be too expensive for some firms in 2024, according to a new study. In a report published by S&P Market Intelligence November 14, entitled “2024 Supply Chain Outlook: Delivering resilience in adversity,” analysts said they expect gross operating profit margins to fall by 10.4% in 2024 while capital expenditures […]

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Renault won’t ago ahead with Ampere IPO if valuation too low-CEO: Report

November 15, 2023

French car maker Renault will not go ahead with an initial public offering of its electric vehicle unit Ampere, planned for next year, if the valuation is too low, Renault chief executive Luca de Meo said on Wednesday. “We are not crazy,” de Meo told reporters ahead of an investor presentation aimed at drumming up […]

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Opinion: On trade, Biden must remain tough with Xi Jinping

November 15, 2023

Every American president in the globalized era has mismanaged the relationship with China. To his credit, President Biden has proven more adept than his predecessors at handling it, but he will have his hands full when he meets Xi Jinping today in San Francisco. Chinese leaders have been adroit at extracting economic concessions from the […]

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Jokowi’s visit to Washington: An opportunity for the US

November 15, 2023

Daniel A. Witt and Esther Sri Astuti S.A. Washington, DC/Jakarta   ●   Wed, November 15, President Joko “Jokowi” Widodo’s visit to Washington to meet United States President Joe Biden in connection with the Asia Pacific Economic Cooperation (APEC) Summit on Nov.14-16 is not merely an opportunity to celebrate progress in Indonesia-US relations before both […]

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EU’s raw material concerns self-induced – China Daily

November 15, 2023

The European Union on Monday agreed a plan to secure its own supply of critical raw materials ranging from cobalt to lithium, as the bloc seeks to reduce its dependence on other countries for them. The Critical Raw Materials Act sets targets for the EU member states to mine 10 percent, process 40 percent, and […]

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Divergent Awarded $230 Million for Automated 3D Printing and Assembly Technology

November 15, 2023

TORRANCE, CA— Source: $230M Series D Fuels Divergent’s Automated 3D Printing and Assembly Technology by by Michael Molitch-Hou Divergent Technologies, known for its comprehensive digital industrial production system, announced the successful completion of a $230 million Series D equity financing round. The financing was spearheaded by a substantial $100 million investment from Hexagon AB and saw participation from […]

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DeSantis: Countering China requires decisive action, not talk and flattery — Here’s how I’ll do it as president

November 15, 2023

President Biden is set to meet with Chinese President Xi Jinping this week courtesy of Gov. Gavin Newsom’s red-carpet rollout for the Communist leader. If his administration’s record is any indicator, Biden will focus more on flattering Xi than holding his regime accountable. His Cabinet has chased Chinese officials around the globe, only to bow, […]

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Tivan partners with CSIRO on critical minerals processing technology

November 14, 2023

Tivan has secured a commercial and strategic partnership with CSIRO to develop minerals processing technology for the recovery of vanadium. Tivan said the agreement will help to ‘reshore’ the technology into Australia. The agreement includes a Technology Licence Agreement that grants Tivan an exclusive 20-year, worldwide licence – except for India – for use of […]

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