Focus Outlook

Industries

Peak Season: Logistics Firms Ready with Hiring and Tech Investments

In the UK, logistics remains a vital but underappreciated sector, with 7% of the workforce engaged in the industry. Despite its crucial role in...

UPS Seeks FAA Approval to Enhance Drone Delivery with Horsefly

Workhorse Group Inc., the American technology company at the forefront of the transition to zero-emission commercial vehicles, has announced substantial progress in its Workhorse...

Amazon Interested in Introducing Low-Cost Mobile Services in US

Tech giant Amazon is all set to introduce low-cost mobile technologies in the US. The enterprise is in talks with Verizon regarding these attempts....

Manufacturing Activity Slips to Lowest Since June 2020: ISM Index at 50.2 for October

Manufacturing growth in the United States saw a slowdown during October due to increasing challenges stemming from supply chain bottlenecks and labor shortages, according...

Chip Shortage Eases; Prices Stay High Due to Rising Demand

As 2023 nears its end, the global chip shortage, which originated in early 2020 due to the COVID-19 pandemic, continues to cast a long...

Global Manufacturing Declines Amid Inflation, Rates, and Ukraine War

The global manufacturing sector grappled with persistent challenges in July, with the JPMorgan Global Manufacturing Purchasing Managers' Index (PMI) remaining below 50 at 48.7,...