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Industrials

  • Tuesday, 24 December, 2024
    Nippon Steel
    Nippon’s bid for US Steel in Biden’s hands after deadlock on panel vetting deal

    President has already voiced opposition to Japanese company’s takeover plan

    Aerial view of the US Steel Mon Valley Works Clairton Plant in Pennsylvania, with large industrial buildings and smokestacks emitting steam
  • Monday, 23 December, 2024
    Nissan Motor Co Ltd
    Honda and Nissan unveil plan for $58bn merger by 2026

    Mitsubishi Motors may join holding company to form world’s third-largest carmaker

    Makoto Uchida, Toshihiro Mibe, and Takao Kato stand at podiums during a joint press conference. Company logos are displayed above each executive.
  • Sunday, 22 December, 2024
    US Department of Defense
    Palantir and Anduril join forces with tech groups to bid for Pentagon contracts

    Consortium likely to include Elon Musk’s SpaceX in move to grab a bigger slice of $850bn US defence budget

    Palmer Luckey, founder of Anduril Industries, is seen disassembling the Anduril Ghost autonomous drone
  • Friday, 20 December, 2024
    Volkswagen AG
    Volkswagen reaches deal with union on German plants

    Agreement to save €4bn includes factory capacity cuts and 35,000 job losses by 2030 ‘in socially responsible’ way

    Entrance of the commercial vehicle plant of German car manufacturer Volkswagen
  • Friday, 20 December, 2024
    Investments
    Directors’ Deals: Ashtead chief increases stake as shares struggle

    Gloom over rental revenue growth

    A mechanical digger at work
  • Friday, 20 December, 2024
    FedEx Corp
    FedEx to spin off freight unit

    Division could be worth more than $30bn, analysts say

    FedEx van
  • Thursday, 19 December, 2024
    ExplainerAutomobiles
    What are the bumps in the road to a Honda-Nissan merger?

    Deal terms, Renault’s position, differing cultures and a possible rival bidder could all upset plans for a combination

    Montage of a Nissan and Honda car
  • Thursday, 19 December, 2024
    Harland & Wolff Group Holdings Plc
    Spain’s Navantia to buy Harland & Wolff

    State-backed defence group to take control of four UK shipyards

    One large crane is in the foreground, while other smaller cranes are in the background
  • Thursday, 19 December, 2024
    Due Diligence
    Honda and Nissan’s drive to survive Premium content

    Plus, the infamous German financier Lars Windhorst sits down to tell his side of the story — and answer our questions — on camera

    Nissan and Honda’s chiefs, Makoto Uchida and Toshihiro Mibe, stand below their respective company logos during a presentation
  • Thursday, 19 December, 2024
    News in-depthUK defence spending
    UK military budget must rise by 56%, Ministry of Defence calculations say

    Amount would far outstrip current 2.5% target and take annual spending above £90bn

    UK artillery in action during a Nato exercise in Finland
  • Wednesday, 18 December, 2024
    LexElectric vehicles
    Honda and Nissan need off-road thinking to solve EV challenge Premium content

    Rather than trying to build electric-vehicle manufacturing scale, traditional carmakers should seek out a different route

    Nissan chief Makoto Uchida and Honda boss Toshihiro Mibe attend a joint press conference in Tokyo
  • Wednesday, 18 December, 2024
    Sir Geoffrey Owen
    There’s an opportunity for the UK in semiconductors

    The country has lagged behind on manufacturing but a fast-expanding sector offers a way forward

    A worker inspects a semiconductor wafer at what was known as the Newport Wafer Fab plant
  • Wednesday, 18 December, 2024
    Volkswagen AG
    Porsche-Piëch family pushes for Volkswagen plant closures

    German carmaker’s majority owner is taking a hardline in support of cost cuts

    Workers at a VW factory in Dresden, Germany, protest outside a factory
  • Wednesday, 18 December, 2024
    News in-depthNissan Motor Co Ltd
    Consolidate to survive: what the Nissan-Honda merger talks mean for Japan Inc

    Carmakers face problems of Chinese competition, a shrinking domestic market and the threat of tariffs

    The two men stand below their respective company logos during a presentation
  • Wednesday, 18 December, 2024
    Huawei Technologies
    ‘A different animal’: inside Huawei’s nascent EV business

    Chinese tech giant’s $16bn unit sets sights on becoming big supplier to electric car industry despite US sanctions

    An Aito M9 electric vehicle on display at the Huawei Smart Life Pavilion in Shanghai, China
  • Wednesday, 18 December, 2024
    Nissan Motor Co Ltd
    Nissan and Honda hold merger talks

    The Japanese carmakers are grappling with fast-growing Chinese rivals and sluggish consumer demand for EVs

    The ‘intelligent factory’ at Nissan Motor’s Tochigi plant, the company’s largest in country, around 105km north of Tokyo
  • Tuesday, 17 December, 2024
    Harland & Wolff Group Holdings Plc
    Navantia to rescue shipbuilder Harland & Wolff

    UK government offers more generous terms on Royal Navy contract to Spanish defence group for ailing Belfast company

    Harland and Wolff cranes in Belfast, Northern Ireland
  • Tuesday, 17 December, 2024
    Stellantis
    Stellantis vows to invest in Italy as it seeks thaw with Rome

    Fiat owner to increase production as it looks to rebuild bridges following ousting of Carlos Tavares

  • Tuesday, 17 December, 2024
    Chemring Group PLC
    Chemring shares sink 13% as US plant problems overshadow record order book

    Snags at Tennessee factory and legacy contract with US government weigh on operating margins

    Chemring logo
  • Tuesday, 17 December, 2024
    LexChemring Group PLC
    Defence bounty eludes the UK’s Chemring Premium content

    The FTSE 250 constituent’s revenues are in sharp contrast to the ones of its peers

    HMS Dragon’s Lynx helicopter fires infra red flares during an exercise over the Type 45 destroyer
  • Tuesday, 17 December, 2024
    LexEnergy sector
    Investors are tired of energy transition ‘jam tomorrow’

    Patience is wearing thin, no matter how visionary the strategy

    The production line at a Johnson Matthey factory in Poland
  • Tuesday, 17 December, 2024
    Space industry
    Taiwan in talks with Amazon’s Kuiper on satellite comms amid China fears

    Minister says Eutelsat OneWeb network falling short and Elon Musk’s Starlink ‘not an option’ given his Chinese links

    A rocket lifting off from Cape Canaveral
  • Tuesday, 17 December, 2024
    Aerospace & Defence
    Musk’s attack on F-35s fuels debate over expensive fighter jets

    Defence groups and military face questions over piloted aircraft at a time when drones are playing a bigger role in aerial combat

    US Air Force F-35 fighter jet performs during the 2024 Airpower international Europesís airshow in Austria
  • Tuesday, 17 December, 2024
    Batteries
    US backs graphite factory to loosen China’s EV supply chain grip

    Australia’s Novonix to build North America’s largest facility making synthetic form of vital battery component

    An electric car battery at a Ford factory in Michigan
  • Monday, 16 December, 2024
    News in-depthHitachi Ltd
    ‘Monetising data’: how Hitachi has soared with bets on AI future

    New chief executive takes over streamlined conglomerate with most of its revenues and employees overseas

    Toshiaki Higashihara poses in Hitachi’s head office in Tokyo
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