(Reuters) – Amazon.com Inc introduced a new service on Wednesday to help its sellers store bulk inventory and ease distribution to tackle supply chain issues, the company said in a blog post. In 2023, sellers will be able to use the new service called Amazon Warehousing & Distribution (AWD) to send their inventory to any…
TOKYO (AP) — A small robot with a clip-like hand and enough smarts to know which drinks are popular is part of an effort to make convenience stores even more convenient. On a recent day in Tokyo, the robot named TX SCARA slid back and forth behind the refrigerated shelves in the back of a…
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity slumped in August as China’s zero COVID curbs and cost pressures continued to hurt businesses, surveys showed on Thursday, darkening the outlook for the region’s fragile economic recovery. Manufacturing activity was weak in countries ranging from Japan, China, South Korea to Taiwan in a sign sluggish…
BEIJING (Reuters) – China’s factory activity contracted for the first time in three months in August amid weakening demand, while power shortages and fresh COVID-19 flare-ups disrupted production, a private sector survey showed on Thursday. The Caixin/Markit manufacturing purchasing managers’ index (PMI) slid to 49.5 in August from 50.4 in July, missing analysts’ expectation for…
SEOUL, Sep 1 (Reuters) – South Korea’s factory activity shrank in August by the sharpest pace in two years, on weakening demand amid high inflation, rising interest rates and the war in Ukraine, a private-sector survey showed on Thursday. The S&P Global purchasing managers’ index (PMI) fell to a seasonally-adjusted 47.6 in August from 49.8…
By Praveen Menon and Sam Holmes SYDNEY (Reuters) – A blowout in visa processing times in Australia has left about a million prospective workers stuck in limbo, worsening the acute staff shortages that have crippled businesses and dampened economic sentiment. Strict border controls for two years and an exodus of holiday workers and foreign students…
By Stephen Nellis and Jane Lanhee Lee (Reuters) -Chip designer Nvidia Corp on Wednesday said that U.S. officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms’ ability to carry out advanced work like image recognition and hamper a business Nvidia expects…
(Reuters) – Chip designer Nvidia Corp said on Wednesday the U.S. government has imposed a new license requirement for any future export of its A100 and H100 chips to China, including Hong Kong. (The headline and story have been corrected to say new license requirement is for A100 and H100 chips, not all chips) (Reporting…
DETROIT (AP) — General Motors said Wednesday that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits. The joint-venture plant near Warren, Ohio, is focused on training as it prepares to ramp up manufacturing. A spokeswoman for the venture said it is producing…
WASHINGTON (Reuters) – SpaceX will launch five more astronaut missions to the International Space Station at the end of the decade for NASA under a $1.4 billion contract order announced on Wednesday, the U.S. space agency said, boosting the company’s total contracted missions for its Crew Dragon astronaut capsule to 14. (Reporting by Joey Roulette;…
