Industrials Capital Goods

More

  • TOKYO, July 8- Japan's machinery orders were expected to rebound only modestly in May, a Reuters poll found, as a strong yen and weak overseas demand clouded the outlook for capital investment. "Firms' capital spending is expected to stay solid over the medium term due to the need to upgrade ageing facilities, special demand from the Tokyo Olympics, and inbound...

  • PARIS/ NEW YORK, June 17- Boeing is introducing a faster layer of automation into its 737 factory, adding a new robotic system to drill holes in the main beams inside each wing known as spars, industry sources said. Last year, Boeing started using an automated system known as the Panel Assembly Line to drill holes and install fasteners in wing panels of 737 jets at its...

  • BRUSSELS, June 16- The European Union agreed an outline deal late on Wednesday on a law to clean up the commodities supply chain to stem the use of gold and other metals from conflict zones. Members of the European Parliament and European Commission officials who brokered the deal said it would improve the lives of those living in conflict zones and marked a shift...

  • *Decline due to Kumamoto quakes, China slowdown. TOKYO, June 9- Japan's core machinery orders tumbled in April by the most in two years, partly due to earthquakes in a southern manufacturing hub but raising the risk that business investment will remain weak for most of the year. "This is a result of the Kumamoto earthquakes, but China's economic slowdown is also...

  • *Orders fall due to Kumamoto quakes. TOKYO, June 9- Japan's core machinery orders tumbled in April partly due to earthquakes in the southern manufacturing hub of Kumamoto, but economists worry this is a sign that business investment will remain weak for most of this year. "This is a result of the Kumamoto earthquakes, but China's economic slowdown is also having a...

  • TOKYO, June 9- Japan's core machinery orders tumbled 11.0 percent in April from the previous month, Cabinet Office data showed on Thursday, in a sign that business investment is contracting. That was more than the median estimate of a 3.8 percent decline in a Reuters poll of economists. In March, core orders rose 5.5 percent.

  • China may need 3,000 medivac helicopters- Airbus exec. *Manufacturers building China base seeking market share. The freeing up of airways previously reserved for military use is a huge opportunity for Norbert Ducrot, head of Airbus Group's helicopters unit in China.

  • KUALA LUMPUR, June 7- In 2004, Malaysian palm oil producer IOI Group became a founding member of the Roundtable on Sustainable Palm Oil and later an executive board member in what seemed like a cosy arrangement. Twelve years later, IOI attempted to take legal action against RSPO over an environmental ruling that has cost the company sales in the United States and...

  • *GDP due 2350 GMT on June 7, machinery orders on June 8. TOKYO, June 3- Japan's economy was expected to grow faster than initially estimated in the first quarter as capital spending fell less than expected, a Reuters poll found, but even a GDP revision is unlikely to change the impression of a lethargic economy. "An appreciation of the yen could rein in manufacturers'...

  • BERLIN, June 2- As Beijing moves in to buy up firms from Germany's famed "Mittlestand" of mid-sized manufacturers, politicians are nervous that Chinese owners may take their vaunted technology and move jobs abroad. When Putzmeister, a 58- year-old maker of pumps for concrete, was bought by its Chinese competitor Sany for 360 million euros in 2012, its workers...

  • *March core orders +5.5 pct vs forecast +0.5 pct. TOKYO, May 19- Japan's core machinery orders rose more than expected in March but companies expect orders to decline in the current quarter as firms become increasingly cautious due to a rising yen and weakness in overseas economies. "Capital expenditure has entered a period of stagnation," said Hiroaki Muto,...

  • TOKYO, May 19- Japan's core machinery orders rose 5.5 percent in March from the previous month, Cabinet Office data showed on Thursday, but companies forecast a decline in investment in April-June, suggesting some are cautious about the business outlook. The increase in March was more than a median estimate for a rise of 0.5 percent, according to a Reuters poll.

  • FRANKFURT, May 18- Chinese home appliance maker Midea Group made an offer on Wednesday to buy German factory robot manufacturer Kuka AG, the latest bid by a Chinese investor to gain control of cutting-edge German industrial technology. The 115 euro per share offer values Kuka at around 4.5 billion euros and represents a premium of 36 percent to Kuka's share...

  • FRANKFURT, May 18- Chinese home appliance maker Midea Group made an offer on Wednesday to buy German factory robot manufacturer Kuka AG, the latest bid by a Chinese investor to gain control of cutting-edge German industrial technology. The 115 euro per share offer values Kuka at around 4.5 billion euros and represents a premium of 36 percent to Kuka's share...

  • *Machinery orders data due at 2350 GMT on Wed. TOKYO, May 13- Japan's machinery orders are expected to have rebounded only slightly in March, a Reuters poll showed, indicating firms remain cautious about their business investments on worries about economic prospects. "The yen's appreciation has progressed, which has made the environment for corporate earnings...

  • You might not hear that from Washington, where the latest job report for April showed factories added 4,000 positions and other measures suggest the sector has stopped contracting. The fallout is most visible on the U.S. campaign trail, where Donald Trump has ridden the wave of anger about losing jobs to become the presumptive nominee for Republican party.

  • *Trade deficit falls 13.9 percent to $40.4 billion in March. If Friday's payrolls report corroborates that trend, a June rate hike certainly remains an option, "said Harm Bandholz, chief economist at UniCredit Research in New York. The Institute for Supply Management said its nonmanufacturing index rose 1.2 percentage points to a reading of 55.7 in April, with...

  • *Trade deficit falls 13.9 percent to $40.4 billion in March. WASHINGTON, May 4- The vast U.S. services sector expanded in April as new orders and employment accelerated, bolstering views that economic growth would rebound after almost stalling in the first quarter. The Institute for Supply Management said its nonmanufacturing index rose 1.2 percentage points...

  • *Trade deficit falls 13.9 percent to $40.4 billion in March. WASHINGTON, May 4- U.S. private employers hired the fewest number of workers in three years in April, which could raise concerns that a recent sharp slowdown in economic growth was spilling over to the labor market. Job growth noticeably slowed, with some weakness across most sectors, " Mark Zandi, chief...

  • TOKYO, April 11- Japanese stocks fell in choppy trade on Monday morning as persistent strength in the yen pressured exporters while investors shrugged off early signs of stabilisation in capital spending. The Nikkei share average fell 1.4 percent to 15,607.77 during mid-morning trade, ignoring data showing Japan's core machinery orders fell less than...