November 2024 – Page 50 – UAG Trade Asia

Norways Hydro says Northvolt no Longer Financing Hydrovolt

November 1, 2024
Business
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Hydro says Northvolt no longer financing Hydrovolt JV Hydro39;s stake in Hydrovolt now at 62, up from 50 Hydrovolt recycles batteries STOCKHOLM, Oct 31 Reuters Norway39;s Hydro said on Thursday it is now solely financing the Hydrovolt battery recycler which it set up with joint venture partner Sweden39;s Northvolt. The Norwegian group recently raised its stake […]

November 1, 2024
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BUDAPEST, Oct 31 Reuters Hungary has proposed to increase some taxes in line with the July headline inflation rate from 2025, part of wider efforts by Prime Minister Viktor Orban39;s government to plug budget holes as the economy dips back into recession. Hungary39;s central bank, which was forced to pause interest rate cuts last week […]

November 1, 2024
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August GDP dented by weakness in goodsproducing sector July growth downwardly revised to 0.1 from 0.2 Growth likely to hit 0.3 in September, Q3 seen up 1 OTTAWA, Oct 31 Reuters Canada39;s economy is likely to miss the Bank of Canada39;s revised thirdquarter forecast after a slew of temporary factors stalled gross domestic product growth […]

November 1, 2024
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Weekly jobless claims fall 12,000 to 216,000 Continuing claims drop 26,000 to 1.862 million Consumer spending increases 0.5 in September Core PCE price index rises 0.3; up 2.7 yearonyear Labor costs post smallest gain in over three years in Q3 WASHINGTON, Oct 31 Reuters The number of Americans filing new applications for unemployment benefits […]

November 1, 2024
Finance
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Growing use of generative AI to help with product design can help shorten the window from conception to production, reducing long lead times that often produce inventory imbalances and missteps.

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Norways Hydro says Northvolt no Longer Financing Hydrovolt

Hungary Plans InflationLinked Rises in some Taxes from 2025

Canadas Economy Stalls in August; Cenbanks Q3 Growth Forecast in Doubt

Low US Weekly Jobless Claims, Solid Consumer Spending Showcase Economys Strength

AI can enhance product design efforts, speed up time to market

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