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Top News In இயந்திரங்கள் வர்த்தகர் ஒப்பந்தக்காரர்கள் Today - Breaking & Trending Today

Hong Kong stocks end week lower as tech shares retreat on Sino-West tensions

HK->Shanghai Connect daily quota used -0.2%, Shanghai->HK daily quota used 1.2% ....

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Mexico City mayor says families of train collapse victims to receive funds

By Reuters Staff
2 Min Read
MEXICO CITY, May 8 (Reuters) - The families of victims who died after a Mexico City metro railway line collapsed onto a busy street will receive about 700,000 pesos ($35,175) in financial support, the capital’s mayor said on Saturday.
Relatives of the 26 people killed in the incident would receive 50,000 pesos from the city, Mexico City Mayor Claudia Sheinbaum told a news conference. Another 650,000 pesos in compensation from the Metro train line would also be available, she said.
City officials were also working on a wider support program for the families that could include employment help, healthcare and education aid for victims’ children, she said. ....

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HAL gains on inking MoU with Rolls-Royce for MT30 marine engine biz

Hindustan Aeronautics (HAL) rose 1.67% to Rs 969.60 after the company said it signed an MoU with Rolls-Royce to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India.Through this MoU, Rolls-Royce and HAL will expand their long-standing partnership in India and work together in the area of marine applications for the first time.
MT30 is a naval gas turbine currently in-service with naval programs worldwide in various propulsion arrangements across seven ship types.
R Madhavan, CMD, HAL said, Rolls-Royce has been our valued partner for several decades. We now look forward to working together to explore business opportunities in marine applications. This partnership will leverage the rich experience of HAL s MGT Division that works on marine gas turbines with Indian shipyards. Further, we are also exploring the option of using MT7 marine engine on the hovercraft being planned by the shipyards in India. ....

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Generator Sales Market Worth $26.5 Billion by 2026 - Exclusive Report by MarketsandMarkets™

The industrial segment is expected to be the fastest growing Generator Sales Market, by application, during the forecast period.
The industrial segment is expected to grow at the highest CAGR from 2021 to 2026. The market is primarily driven by the increased need for generators from oil & gas, power generation, and chemical industries. The growth of the industrial end-user segment can be attributed to the rapid industrialization in developing countries such as India, Bangladesh, Taiwan, Algeria, and Nigeria. Industrial generators are developed to ensure that there is a continuous supply of power in the event of power failure from the grid system. Moreover, increased investments in natural gas exploration and refineries are likely to boost the Generator Sales Market. Also, the rising development of infrastructure in countries such as Saudi Arabia, the UAE, and Algeria are likely to impact the industrial segment during the forecast period positively. ....

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Taiwan's Foxconn forms semiconductor JV with Yageo

By Reuters Staff
2 Min Read
TAIPEI (Reuters) -Taiwan’s Foxconn said on Wednesday it has formed a joint venture with Yageo Corp to expand its presence in the semiconductor industry, as a global chip shortage rattles producers of goods from cars to electronics.
FILE PHOTO: A sign of Foxconn is seen at a glass door inside its office building in Taipei, Taiwan November 12, 2020. REUTERS/Ann Wang
The supply bottleneck has led to production cuts and warnings of supply chain disruption from manufacturers across the world this year.
Electronics manufacturing conglomerate Foxconn, which counts tech giants such as Apple among its top clients, said in a statement the two companies will set up a new firm in Taiwan called XSemi Corporation. ....

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