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Manufacturing news
Tesla misses profit estimates as Elon Musk delays ‘robotaxi’ launch
Financial Times: Shares fall despite CEO’s claim about ‘autonomous fleet’.
Tiwai Point to ramp down electricity usage to ease tight supply
Tightening gas supply and low lake levels have pushed wholesale power prices higher.
Japanese carmakers ‘very scared’ by China’s rapid EV development
Financial Times: Sony-Honda joint venture boss says conservative culture must change.
Toyota shareholders demand vote against chairman after Japan scandal
Chairman to run gauntlet after major embarrassment for the company.
Global defence groups hiring at fastest rate in decades amid record orders
Financial Times: Companies in sector looking to recruit tens of thousands this year.
S&P welcomes NZ power deal
The ratings agency says the 20-year power deal for Tiwai is a boon for generators.
BMW and Jaguar Land Rover imported banned Xinjiang part to US, Senate probe finds
Financial Times: Carmakers didn't immediately take action after hearing of forced labour.
US lab-grown meat bans criticised as culture war ‘own goal’
Financial Times: Australian start-up warns America is ceding a competitive advantage.
Boeing supplier laying off staff after production of troubled 737s slows
The key Boeing supplier makes the fuselages for its popular 737 Max aircraft.