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Egypt to announce bids for precious and basic metals Q3 - petroleum minister

Egypt will announce bids for precious and basic metals, including phosphates, sulfur, and potash in the third quarter of 2023, Petroleum Minister Tarek El Molla said on Tuesday at Egypt's Mining Forum. (Reporting by Sarah El Safty, Editing by Louise Heavens)

U S holiday sales to rise as much as 10 5%, hit record levels - NRF

U.S. holiday sales could rise over 10% this year, a trade body said on Wednesday, as major consumer goods makers and retailers work to prevent supply chain disruptions from leaving shelves empty of in-demand toys and games.

Bain-led consortium to buy Hitachi Metals for $7 5 billion

A consortium led by global private equity firm Bain Capital will buy all the shares of Hitachi Metals Ltd for 817 billion yen ($7.5 billion), Hitachi Ltd's metals subsidiary said on Wednesday.

Strong domestic demand propels German industrial orders

2 Min Read BERLIN (Reuters) -German industrial orders rose for the second month in a row in February driven by strong domestic demand, data showed on Thursday in a further sign that manufacturers are set to cushion a pandemic-related drop in overall output in the first quarter. FILE PHOTO: A worker at German manufacturer of silos and liquid tankers, Feldbinder Special Vehicles, moves rolls of aluminium at the company s plant in Winsen, Germany, July 10, 2018. Picture taken July 10, 2018. REUTERS/Fabian Bimmer/File Photo The growth outlook for Europe’s largest economy remains clouded, however, by a more contagious virus variant and rapidly rising COVID-19 cases that could force authorities to tighten restrictions again in the coming weeks.

Czech manufacturers bank on COVID tests to avoid a nationwide shutdown of industry

Czech Rep tops global COVID cases per capita So far, strategy has avoided factory shutdowns PORICANY, Czech Republic, March 12 (Reuters) - Czech manufacturing firms, a key part of European supply chains for the automotive and other industries, are banking on government-ordered mandatory coronavirus testing to avoid nationwide closures during a spike in infections. Manufacturing, the backbone of the Czech Republic’s export-oriented economy, has so far been largely spared restrictions that have shut services and schools in the country of 10.7 million, which for weeks has been at the top of global rankings in per capita COVID-19 cases and deaths. Czech auto and machine tool components supplier Benes a Lat said a government order for compulsory testing would help the Czech manufacturing industry avoid damaging closures.

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