@niche: A new – and significant – Riversimple patent!002515

We have just been granted a patent for manufacturing carbon fibre components through a braiding process that we have developed here at Riversimple. This allows us to make hollow components, of varying cross-section with bends in different axes, for elements of the structure such as the ring around the door. Although braiding is not new… Continue reading @niche: A new – and significant – Riversimple patent!002515

La demanda de materiales y componentes sigue decaída, especialmente en América del Norte

-La demanda de materiales y componentes sigue decaída, especialmente en América del Norte, a medida que persiste el riesgo de recesión, según el Índice de volatilidad de la cadena de suministro global de GEP La volatilidad de la cadena de suministro global se encuentra ahora en su nivel más bajo desde septiembre de 2020 La… Continue reading La demanda de materiales y componentes sigue decaída, especialmente en América del Norte

DEMAND FOR MATERIALS AND COMPONENTS REMAINS DEPRESSED, ESPECIALLY IN NORTH AMERICA, AS RECESSION RISK PERSISTS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Global supply chain volatility now at its lowest level since September 2020 Item shortages continue to ease; transportation costs normalize; and businesses unwind safety stocks Businesses continue to reduce input purchases, with demand downturn the most severe in North America CLARK, N.J., Feb. 14, 2023 /PRNewswire/ — The GEP Global Supply Chain Volatility Index —… Continue reading DEMAND FOR MATERIALS AND COMPONENTS REMAINS DEPRESSED, ESPECIALLY IN NORTH AMERICA, AS RECESSION RISK PERSISTS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

DEMAND FOR MATERIALS AND COMPONENTS REMAINS DEPRESSED, ESPECIALLY IN NORTH AMERICA, AS RECESSION RISK PERSISTS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Global supply chain volatility now at its lowest level since September 2020 Item shortages continue to ease; transportation costs normalize; and businesses unwind safety stocks Businesses continue to reduce input purchases, with demand downturn the most severe in North America CLARK, N.J., Feb. 14, 2023 /PRNewswire/ — The GEP Global Supply Chain Volatility Index —… Continue reading DEMAND FOR MATERIALS AND COMPONENTS REMAINS DEPRESSED, ESPECIALLY IN NORTH AMERICA, AS RECESSION RISK PERSISTS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

@niche: INEOS Secures €3.5 billion financing for project one – The greenest cracker in Europe.002510

Project ONE is the largest investment in the European chemical sector for a generation. The new cracker located in Antwerp will have the lowest carbon footprint of all European crackers, five times better than the worst in Europe and two times better than the best. The plant is designed to use low carbon hydrogen. As… Continue reading @niche: INEOS Secures €3.5 billion financing for project one – The greenest cracker in Europe.002510

GM tops the winners of the Super Bowl ads among automakers

The tens of millions of dollars that General Motors and Stellantis spent to advertise during Sunday night’s big game got attention from car shoppers, according to online car shopping resource Edmunds.com. The vehicles and brands featured by GM and Stellantis saw spikes in consumer traffic to Edmunds’ website following the splashy ads during the game.… Continue reading GM tops the winners of the Super Bowl ads among automakers

Warburg Pincus inches closer to buying a stake in Chinese fund Zhong Ou

Warburg Pincus is moving closer to buying a stake in Zhong Ou Asset Management Co from Intesa Sanpaolo, according to exchange filings and a source, underscoring the U.S. private equity giant’s unabated interest in China’s $3.8 trillion mutual fund industry. Italian banking group Intesa Sanpaolo disclosed in its 2021 annual report that its board had… Continue reading Warburg Pincus inches closer to buying a stake in Chinese fund Zhong Ou

Fuel lines from Los Angeles to Vegas, Phoenix shut by leak

The county said the pipeline provides fuel storage facilities in Southern Nevada with unleaded and diesel fuel. Another pipeline operated by UNEV Pipeline LLC serves the Las Vegas area from northern Utah. A leak in a fuel pipeline facility in California forced a shutdown of deliveries of gasoline and diesel from the Los Angeles area… Continue reading Fuel lines from Los Angeles to Vegas, Phoenix shut by leak

Temasek-backed Partior raises $31m in StanChart-led Series A roundPartior bagged around $23m from StanChart in the Series A round announced last year

Singapore-based Partior, a Temasek-backed blockchain-enabled platform for payments clearing and settlements, raised $31 million in its Series A funding round led by UK-headquartered bank Standard Chartered, according to regulatory filings. The round was joined by investor trio Temasek Holdings, DBS and J.P. Morgan, who also founded the company in 2021. Go to Source

UK economy shows zero growth, narrowly avoiding recession

The Bank of England forecast last week that Britain would enter a shallow but lengthy recession, starting in the first quarter of this year and lasting five quarters. Britain’s economy showed zero growth in the final three months of 2022, figures from the Office for National Statistics showed on Friday, meaning it narrowly avoided entering… Continue reading UK economy shows zero growth, narrowly avoiding recession