Bosnian refugees build £15m food empire in UK
Two brothers who fled the Bosnian War with just £300 have built a £15 million food manufacturing business in the UK, employing 150 people and supplying major supermarkets.
Category : Search result: semiconductor manufacturing
Trump Tariffs Threaten Kentucky iPhone Factory Jobs
Exclusive report from Harrodsburg, Kentucky, where a major Apple supplier's factory is on the brink due to proposed Trump tariffs on Chinese imports, threatening hundreds of local jobs and revealing the human cost of global trade wars.
UK Business Confidence Hits 18-Month High Amid Economic Recovery
New CBI survey reveals strongest UK business optimism since early 2024, with manufacturing and services sectors leading growth. Inflation expectations ease as Bank of England faces policy dilemma.
Lotus Slashes UK Jobs, Blaming Trump Tariffs
British sports car maker Lotus is slashing a significant number of jobs at its UK headquarters, citing the severe impact of new US tariffs. The move sends shockwaves through the already struggling British automotive sector.
Iconic British car brand set for shock revival
In a stunning revival, a beloved British car marque is poised for a dramatic comeback, with plans to resurrect its iconic miniature vehicles, safeguarding UK jobs and electrifying the automotive industry.
Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure
Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.
UK Car Production Surges 10% on EV and Export Demand
UK car manufacturing roared back to life in February with a 10% year-on-year increase. Driven by soaring demand for electric vehicles and robust exports, the industry signals a strong recovery, though domestic market challenges remain.
Nvidia Becomes World's Most Valuable Company Topping $3.3T
Nvidia has achieved a historic market milestone, surpassing Microsoft and Apple to become the world's most valuable company amid unprecedented demand for its AI processors, reshaping Wall Street's hierarchy.
Ford Eliminates 1,400 Jobs in US Electric Vehicle Restructuring
Ford Motor Company announces significant job cuts, eliminating 1,400 positions across Michigan and New York as part of its strategic shift toward electric vehicle production.
US Probes 1.7M Honda Vehicles Over Engine Failure Risk
US safety regulators have launched an investigation into potential engine failures affecting more than 1.7 million Honda and Acura vehicles. The probe centres on dangerous stalling risks linked to serious manufacturing defects.
US Lithium Discovery Set to Revolutionise Car Industry and Slash EV Costs
A massive lithium reservoir discovered in Pennsylvania could end America's reliance on foreign supplies, power the electric vehicle revolution, and dramatically cut battery costs, according to a groundbreaking new study.
Trump's 200% Magnet Tariff Threat Shuts US Car Plants
Former President Donald Trump proposes a staggering 200% tariff on Chinese magnets, a move industry leaders warn could cripple US automotive manufacturing and trigger widespread plant closures.
UK's Gigafactory Revolution: Two New Plants to Power Electric Future
Exclusive: Major investment in UK battery production set to create thousands of jobs and secure Britain's electric vehicle future, boosting economy and energy security.
Major Manufacturer Closes California Factory After 78 Years
A landmark US manufacturing firm closes its California factory after 78 years, laying off hundreds of workers and dealing a severe blow to the state's industrial sector amid a growing business exodus.
Foxconn & NVIDIA to Build AI Mega-Factory in Taiwan
Taiwanese tech giant Foxconn partners with NVIDIA to construct a colossal new AI data centre, boosting the island's status as a global tech hub amidst ongoing political pressures from China.
Biden's New China Chip Curbs Force Nvidia to Halt AI Sales
The Biden administration tightens its stranglehold on China's AI ambitions with sweeping new export controls, forcing tech titan Nvidia to halt shipments of its advanced AI chips and sending shockwaves through global markets.
Sanjeev Gupta's GFG Steel Empire Collapses
The dramatic collapse of Sanjeev Gupta's GFG Alliance, from its Yorkshire roots to its global ambitions, is a cautionary tale of debt, hubris, and the high-stakes world of industrial finance.
Speciality Steel Collapses, 100+ Jobs at Risk
Sheffield-based Speciality Steel UK enters administration, putting over 100 skilled jobs at risk and dealing a severe blow to Britain's historic steel heartland.
Gov backs £1.25bn green steel furnace, saving 2000 Rotherham jobs
The UK government has approved a landmark £1.25bn investment for a new electric arc furnace at British Steel's Rotherham plant, safeguarding over 2000 local jobs and boosting the UK's green steel production.
UK Private Sector Growth Hits Nine-Month High
In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi
UK's 5-Point Economic Reform Plan Unveiled by Chancellor
Exclusive insights from Day Two of the UK's Economic Reform Roundtable reveal a landmark consensus on deregulation, skills investment, and a new 'Brexit Dividend' for British industry. Discover the five key takeaways shaping Britain's economic future.
Trump-Backed UK Defence Deal Seals BAE Systems' US Army Contract
Former US President Donald Trump's push for a major UK-US defence partnership culminates in a multi-billion pound contract for BAE Systems to supply next-generation amphibious vehicles to the US Army, boosting British manufacturing and jobs.
Intel-SoftBank deal under US government scrutiny
Intel and Japan's SoftBank have announced a groundbreaking partnership, raising eyebrows in Washington as the US government monitors the deal closely.
Intel's $5.4B Tower Semiconductor Deal Collapses
Intel's planned acquisition of Tower Semiconductor for $5.4 billion has fallen through due to regulatory challenges, dealing a blow to CEO Pat Gelsinger's expansion strategy.
US lawmakers urge tougher China chip restrictions
A bipartisan group of US politicians is pushing the White House to impose stricter export controls on China, targeting advanced semiconductor technology.
Gupta’s last-ditch plan to save Liberty Steel
Industrialist Sanjeev Gupta is preparing a final attempt to salvage Liberty Steel’s specialty division, as creditors and regulators close in. Will his strategy be enough to save jobs and stabilise the business?
Intel shares surge on Trump stake report
Intel's stock price skyrocketed following reports that the Trump administration is exploring a potential stake in the semiconductor giant. Here’s why this move could reshape the tech industry.
UK auto sector warns government over Nissan investment risks
The UK's automotive sector urges immediate government action to secure investment and prevent major manufacturers like Nissan from leaving Britain.
Nissan invests in Sunderland plant post-Brexit
Nissan commits to long-term investment in its Sunderland plant, safeguarding thousands of jobs and boosting the UK automotive sector post-Brexit.
Inside Nvidia: Secrets of the World's Richest Company
Discover the untold story of Nvidia's rise to dominance in the tech industry and the strategies that made it the world's wealthiest company.
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