Tesla said Thursday it was considering the possibility of manufacturing in China as it ramps up for expansion of its line of electric-powered cars. The California company founded by entrepreneur Elon Musk said in an email it was in talks with the Shanghai Municipal Government “to explore the possibility of establishing a manufacturing facility in … Read more
Caterpillar reported its first jump in quarterly sales in two-and-a-half years Tuesday and said it was heartened by increased customer inquiries in prospective equipment purchases in key sectors. Shares of the large machinery giant rose sharply in pre-market trading on the report as both earnings and revenues bested analyst expectations by wide margins. Still, the … Read more
The government of Nana Addo Dakwa Akufo-Addo has the vision of turning Ghana into a pharmaceutical manufacturing hub in Africa by creating the enabling environment for both local and foreign companies to thrive, Kweku Agyeman-Manu, Minister of Health, has said. To realise this dream, he said the government would provide incentives for local pharmaceutical companies … Read more
Apple Inc is in talks with India’s government to explore making products locally, the Wall Street Journal reported on Tuesday, as the U. S. firm aims to make deeper inroads in the world’s second-largest mobile phone market by users. Prime Minister Narendra Modi is trying to boost technology manufacturing in the country through his ‘Make … Read more