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BBCNEWS World Business Report July 6, 2024

a top republican has accused us regulators of being "asleep at the wheel" in the period leading up to the implosion of silicon valley bank. those comments in the first of two bruising congressional hearings intended to shed light on the failings that led to the lenders collapse. in response, the regulator pointed the finger at executives — saying they did a terrible job of managing risk. we are still reconstructing the supervisory racket, we understand they were issued a matter requi...
Banking Crisis Business Headlines Around The World Bbc News Kamala Harris Metaverse Fashion Week

BBCNEWS Outside Source July 6, 2024

the electric car battery maker britishvolt has gone into administration after hopes of a last—minute bid for the company faded. the collapse raises questions about uk hopes of building a home—grown battery industry. the company, which had plans to build a gigafactory to make the uk start—up had been expecting to build a new 5.8 billion — or $4.7 billion — factory in northumberland, as part of a long—term vision to boost uk manufacturing. well, this promotional video shows w...
Ros Atkins Electric Vehicle Industry Electric Car Batteries Collapses Gigafactories Need Support Doesn T Automotive Industry

Borderlands Mexico: Investment surges in Mexico as companies shift supply chains, plan new factories

This week in Borderlands: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven. The post Borderlands Mexico: Investment surges in Mexico as companies shift supply chains, plan new factories appeared first on FreightWaves.
United States Baja California Queréro De Arteaga Nuevo Leon Nuevo Leóx Grand Rapids
Source: yahoo.com

India seeks investment commitment from Switzerland under proposed EFTA trade pact: Official

Switzerland is the largest source of gold imports, with about 41 per cent share during April-October this fiscal, followed by the UAE (about 13 per cent) and South Africa (about 10 per cent). The precious metal accounts for over 5 per cent of the countrys total imports.
South Africa Piyush Goyal European Union European Free Trade Association Economic Partnership Agreement Industry Minister Piyush Goyal

Tamil Nadu: Tamil Nadu bets on 2024 global investors meet; eyes bigger investment commitments

Tamil Nadu has targeted to become a USD 1 trillion economy by 2030 and has been showcasing itself as the "gateway to endless opportunities". The ruling DMK, which is set to organise its maiden Global Investors Meet (GIM), has been seeking investments from overseas investors through visits to Japan, Singapore and Dubai.
Tamil Nadu United Arab Emirates Uttar Pradesh Hon Hai Technology Group Renault Nissan Automotive India Pvt Ltd Tamil Nadu Industries

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