The EU is still working through how to respond to Biden’s huge climate law, the Inflation Reduction Act (IRA), which will offer as much as $369 billion in handouts and tax credits over the next decade.
The sober forecast echoes the outlooks of Walmart Inc., Target Corp. and Home Depot Inc., which all emphasized uncertainty around consumer spending and the U.S. economy.
Rooted in three core principles of social responsibility, environmental regeneration, and economic success, circular manufacturing is not just theory anymore.
New orders for manufactured goods contracted for the sixth straight month through February, and manufacturing output is down 1.7% from its post-pandemic peak.
In November 2022, Apple warned that shipments of its iPhone 14 would be delayed because of the lockdown in Zhengzhou where Foxconn's mega-factory is located.
While European household and company budgets continue to get squeezed by high inflation, demand for business travel and summer getaways in particular has remained robust.
The Port Authority chairman said the agreement to import such a large volume of wheat was a remarkable development towards improving the natural capacity of Gwadar Port as a logistics hub in the area.