China's imports of refined nickel have fallen to levels last seen almost 20 years ago, when the country's build-out of industrial capacity was still in its infancy.
Brazil's government on Thursday disclosed a pack of initiatives aimed at boosting local industry, with a special focus on the automotive sector as it tries to modernize its fleet and reduce vehicle prices for consumers.
Sharp has delivered a wake-up call to Foxconn. The $46 billion iPhone supplier, formally known as Hon Hai Precision Industry , rescued the Japanese electronics group in 2016 with a promise to turn it around. Sharp's surprise $1.6 billion writedown in the three months to March casts doubt on the Taiwanese group's grip on its investment - and its ability to strike similar deals.
Belgium's Avesta Battery and Energy Engineering (ABEE) on Monday signed a contract with North Macedonia to build a factory for the production of electric batteries for cars, the government said.
Figure, a startup that wants to build general-purpose humanoid robots, has raised $70 million from investors led by Parkway Venture Capital in its first external round, the company said on Wednesday.