In a concerning turn for the UK automotive industry, car manufacturing output plummeted by 11.9 per cent in May, totalling just 69,652 units, as revealed by the latest figures from the Society of Motor Manufacturers and Traders (SMMT). This decline highlights the challenges faced by the sector, particularly in the export market.

UK car manufacturing sees significant decline in May

Reuters

LONDON (Reuters) - British manufacturing activity growth slowed last month from May's 22-month high as ongoing disruption to shipping in the Red Sea contributed to lower demand from overseas customers, a survey showed on Monday.

UK manufacturing growth slows as shipping delays hit exports, PMI shows

The ongoing run of manufacturing declines continued in June, with output falling for the third consecutive month, according to the new edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The report’s benchmark reading, the PMI, came in at 48.5 (a...

Manufacturing Output Declines in June for Third Consecutive Month

The Associated Press

BANGKOK (AP) — Japan revised its earlier estimates to show that its economy contracted at a 2.9% annual pace in the first quarter of the year, as meanwhile a survey by the central bank released Monday showed conditions remain sluggish. Analysts had expected the downward revision in the GDP...

Japan revises economic growth in 1Q downward, as latest data show sluggish demand and rising prices

The container (shipping) traders and leasing companies in the United States are witnessing fierce competition and holding up of inventories due to price pressures, according to new research from Container xChnage. However, they do not experience significant hurdles liquidating their inventory. This comes as a positive sign for the U.S. container logistics market despite the broader global uncertainties and challenges.

Rising U.S. Imports Drive Increased Activity in Container Trading Market

New car prices reached record highs in recent years as automakers struggled with pandemic-related delays and vehicle shortages. That has made car shopping a frustrating experience for millions of people, but J.D. Power’s recent sales forecast suggests that the situation is improving. The organization’s research showed that the average new-vehicle retail transaction price has fallen compared to a year ago.

Average new car prices are falling and could significantly boost sales

U.S. oil production has been flat for the past 10 months, but is still on track to set a new annual record in 2024. Rystad Energy predicts near-zero global oil supply growth this year, marking the first time since 2020. Despite flat growth, the U.S. will set a new oil...

U.S. to Set New Oil Production Record, But 2025 Looks Bleak

Iowa State

Davenport, IA

John Deere, the world’s largest seller of tractors and crop harvesters, has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they will be out of a job by the end of the summer, according to reports. The company is...

John Deere announces mass layoffs in Midwest amid production shift to Mexico

LONDON (Reuters) - China's copper scrap imports have soared due to shortages of concentrate that is processed into refined metal used in the power and construction industries, but record high prices mean U.S. shipments are likely to pause.

Record copper prices likely to pause U.S. scrap shipments to China

A recent study by Uswitch car insurance has unveiled a surprising lack of knowledge among UK drivers when it comes to basic car maintenance, raising concerns about road safety and vehicle longevity. The research highlights that many drivers are neglecting crucial car maintenance checks. A significant 67 per cent of...

Survey: UK drivers in the dark about essential car maintenance

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

Georgia State

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Douglas City, CA

Daily Coffee Press

This afternoon, Kentaiwon Durham, the Douglas City Commissioner of Ward 2, entered a guilty plea for wire fraud in the U.S. District Court for the Southern District of Georgia. Consequently, Durham is mandated to resign from his position as a city commissioner.

Georgia City Commissioner Pleads Guilty to Wire Fraud in $20K PPP Fraud Scheme

Kentucky State

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Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

New Jersey State

Cal-Maine Foods, the largest egg producer by volume in the U.S., last week acquired ISE America, one of the top 25 egg producers, for $110 million in cash. The purchase will give Cal-Maine access to ISE’s facilities, which account for roughly 4,000 acres of land and 4.7 million egg-laying hens, one million of which are cage-free. Cal-Maine will also obtain feed mills and an egg products breaking facility, according to the press release.

Cal-Maine buys egg producer for $110M to grow presence in the Northeast

Agco Corp. disclosed a restructuring program that will tighten its workforce and cut overhead costs as the farming equipment maker undergoes operational changes and faces demand challenges. The Georgia-based company told investors Monday of its plan to reduce structural costs, streamline its workforce and enhance efficiencies related to its new...

Agco to lay off 6% of workforce, citing ‘weakening demand’

How long do you keep your car and drive it? Well, lease holders would usually say three years and anything between 15,000 and 25,000 miles. For others, however, the vehicle has to last ten years or longer for cost reasons alone. And then there are the real mileage guzzlers that have a million or more miles on the clock.

How many millions of kilometres does a car last?

If you are looking for a camper van on sale, pay attention to this Benimar Benivan 116 Up in Eibar (Guipúzcoa) Spain, because it has gone from €53,800 to €49,800 (approx. £42,000). Nobody likes a discount of €4,000 (£3,400), right?. Based on the 6-metre...

This used Benimar camper has a price you wouldn't expect

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

In this article, we will take a look at the Largest Gold Mine in the World by Production Volume. We have also compiled a full free list of the 10 Largest Gold Mines in the World by Production Volume. Exploring the Global Gold Industry. Gold has been one of the...

The Largest Gold Mine in the World by Production Volume

NewsBreak

UK commercial vehicle production sees third consecutive month of decline

The UK's commercial vehicle manufacturing sector experienced a significant downturn for the third month in a row this May, according to the latest data from the...

UK commercial vehicle production sees third consecutive month of decline

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