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Pakistan’s first locally made electric car JAXERI for Rs4 million?

KARACHI: What strikes as an arrival of good times for Pakistani masses and industries alike, a locally manufactured electric car prototype, namely JAXERI aka...

Xiaomi to manufacture mobile phones in Pakistan, initially 3mil annually

ISLAMABAD: Beijing-based smartphone manufacturer Xiaomi Inc. has floated plans to manufacture smartphones in Pakistan in collaboration with a local distributor Air Link Communication Limited,...

Pakistan joins countries manufacturing ventilators on their own

Fawad Chaudhry said that Pakistan has joined the ranks of those few countries which are producing their own ventilators.

Manufacturing of smartphones in country top priority: Aminul Haque

The Ministry of Information Technology (IT) and Telecommunication on Thursday submitted a summary to the cabinet's Economic Coordination Committee (ECC), proposing major incentives for manufacturing of smartphones in the country.

US factory orders post biggest drop in nearly three years

WASHINGTON: New orders for U.S.-made goods recorded their biggest drop in nearly three years in July, but orders for capital goods were stronger than...

Apple to create $1 billion US advanced manufacturing fund

SAN FRANCISCO: Apple Inc plans to create a $1 billion fund to invest in US companies that perform advanced manufacturing, Chief Executive Officer Tim Cook...

Apple to build iPhone in India this year: official

NEW DELHI: Apple is to start making iPhones in India this year, a local government official said Friday, as the firm looks to tap...

Recession ahead in Britain? Factories slow, business confidence tumbles

LONDON: British manufacturing shrank at its fastest pace in more than three years in July and business confidence tumbled following the Brexit vote, according to surveys that show an increased chance of a recession ahead.

Hillary Clinton to propose $10 billion manufacturing investment

WASHINGTON: Democratic presidential candidate Hillary Clinton on Friday will propose a $10 billion investment in partnerships to encourage the growth of the U.S. manufacturing sector as part of a national push to discourage outsourcing in the industry.

Nokia denies return to phone manufacturing

FINLAND:  Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones.

China’s factories spring to life as global trade reawakens

SYDNEY: Activity in China's vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade.

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