China’s factory output in new boom

first_img whatsapp Show Comments ▼ China’s factories ramped up their production last month and were buoyed by an influx of new business, highlighting the strength of the world’s second-largest economy but also pointing to price pressures.Two surveys of the manufacturing sector, which are designed to provide an early indication of conditions in a broad range of industries, both jumped to six-month highs in October.The official purchasing managers’ index (PMI) rose to 54.7 in the month from 53.8 in September, blowing past expectations. The HSBC PMI, a private companion, climbed to 54.8 from 52.9.The increase was all the more impressive since the official survey has traditionally sagged in October, weighed down by the week-long National Day holiday, when factory production slows.“The fact that the PMI went up despite this seasonal bias suggests real activity growth was likely to have been exceedingly strong in October,” Goldman Sachs economists Yu Song and Helen Qiao said in a note to clients.Asian shares were lifted by the surprisingly strong PMIs, with the main index in Shanghai rising 1.9 percent in the morning session.Four straight months of stronger official PMIs jive with other signs that China’s economy has built up a head of steam.This momentum gave the government the confidence to raise interest rates on October 19 for the first time in nearly three years, and some economists believe another increase could be in store before the end of the year.Both surveys showed that output expansion was driven by domestic growth, not external demand.While the sub-index for total new orders in the official PMI climbed to a six-month high of 58.2 from 56.3, that for new export orders dipped to 52.6 from 52.8. The HSBC survey revealed a similar pattern.“Another upbeat reading for the HSBC China Manufacturing PMI suggests strong growth momentum in domestic demand to warrant about nine per cent GDP growth in the fourth quarter, despite the still soft increase in new export orders,” said Qu Hongbin, chief economist for China at HSBC.The 54.7 reading for the official PMI, released by the China Federation of Logistics and Purchasing (CFLP), was higher than the median forecast of 52.9 in a Reuters poll of 12 economists and, in fact, higher than every individual forecast.But Zhang Liqun, a government researcher, cautioned against over-optimism, saying that growth was likely to ease and that inflationary pressures were a concern by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm John Dunne Share whatsappcenter_img More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.com China’s factory output in new boom Monday 1 November 2010 3:32 am Tags: NULLlast_img read more

Aluminium Extrusion Industries Plc (ALEX.ng) 2014 Abridged Report

first_imgAluminium Extrusion Industries Plc (ALEX.ng) listed on the Nigerian Stock Exchange under the Mining sector has released it’s 2014 abridged results.For more information about Aluminium Extrusion Industries Plc (ALEX.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Aluminium Extrusion Industries Plc (ALEX.ng) company page on AfricanFinancials.Document: Aluminium Extrusion Industries Plc (ALEX.ng)  2014 abridged results.Company ProfileAluminium Extrusion Industries Plc (NIGALEX) is a leading manufacturing company in Nigeria producing and marketing extruded aluminium products and coloured and wood products. Products in its extensive range include Cego flyscreens; projected window systems for institutions in the education, government, military and commercial sectors; industrial door systems designed for versatility and performance; partitioning systems with robust wear and tear features; multi-purpose stock extrusions for the maritime, aviation and construction sectors; swing door systems for commercial entrances; sliding window systems with removable operating sashes and bead-glazed; fixed louvres with fabricated railings; special provides available in round bars, T-sections, symmetric and square aluminium frames; curtain walls attached to building structures; AS46 flyscreens and customised fixed casements (windows and doors). NIGALEX has annual capacity of 5 000 tonnes of aluminium extrusion products and produces profiles in a press finish, wood finish, silver and bronze colour palette and modern powder-coated forms. The company has operations in Aba Abuja to serve the eastern and northern regions of Nigeria. Its head office is in Imo State, Nigeria. Aluminium Extrusion Industries Plc is listed on the Nigerian Stock Exchangelast_img read more

Veritas Kapital Assurance Plc (VERITA.ng) HY2019 Interim Report

first_imgVeritas Kapital Assurance Plc (VERITA.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2019 interim results for the half year.For more information about Veritas Kapital Assurance Plc (VERITA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Veritas Kapital Assurance Plc (VERITA.ng) company page on AfricanFinancials.Document: Veritas Kapital Assurance Plc (VERITA.ng)  2019 interim results for the half year.Company ProfileVeritas Kapital Assurance Plc is a leading insurance company in Nigeria licensed to cover all classes of non-life insurance products and services. The company was formerly known as Unity Kapital Assurance Plc and incorporated in 1973 as a private liability company under the name Kano State Insurance Company. Non-life insurance products and services offered by Veritas Kapital Assurance Limited includes auto insurance which covers motor third party, fire and theft; home insurance which covers risk of fire, flooding and burglary; aviation insurance which covers hull losses as well as liability for passenger injuries, death, environmental and third-party damage caused by aircraft accidents; marine insurance which covers hull and cargo damage; engineering insurance which covers problems related to production capacity and financial losses; oil and gas insurance which covers all issues related to employees, physical assets, balance sheets and long-term viability; and bond insurance which is a financial guarantee taken out by contractors to indemnify them against any defaults. Veritas Kapital Assurance Plc offers medical insurance and pension fund administration services through its subsidiaries; Health Care Security Limited and FUG Pensions Limited. The company’s head office is in Abuja, Nigeria. Veritas Kapital Assurance Plc is listed on the Nigerian Stock Exchangelast_img read more

The Renalytix share price more than doubled in a year: what I’d do now

first_img See all posts by Christopher Ruane Christopher Ruane | Tuesday, 9th February, 2021 | More on: RENX Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this.center_img Enter Your Email Address The Renalytix AI (LSE: RENX) share price has done very well over the past 12 months, gaining around 160%. That is an outstanding performance. After that heady increase in the Renalytix share price, here is what I would do next.The Renalytix share price reflects optimismIt wasn’t just last year that the company’s share price soared. In 2019 it also did well. Since it listed in 2018, the company’s shares have increased from 120p to reach 920p at current prices. That means the shares have risen more than sevenfold in little more than two years.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The market obviously likes the company’s AI-enabled diagnostic toolkit. As the name suggests, it has a focus on kidney disease. That sort of clear medical focus means there is a well-defined market. Using scalable AI and other tools to target deep-pocketed medical providers could clearly be a profitable market. This optimism is reflected in the share price.However, the company’s financial statements reflect that for now at least, the model remains unproven. The company doesn’t make any revenue, and its running costs mean that it has been loss-making for a number of years. That is common among early-stage startups developing new technology. But with a market capitalisation of over half a billion pounds, clearly there are high expectations in some quarters for Renalytix’s future sales and profits.The company expected commercial testing sales to begin in the current financial year. The commercial launch was in September in a well-known New York City hospital. So over the course of time, it should be clearer what the product’s market potential is. There should also be more information on likely profitability. While AI can deliver significant benefits at reduced cost for medical diagnostics, that is not always the case. It depends in part on how widespread adoption is, as well as the pricing structure. So for now, it is difficult to judge the likelihood of future success for the business, unlike a more established medical company with a wide product portfolio, such as GlaxoSmithKline or AstraZeneca.Why I won’t buy yetAfter such a runup in the shares, hopes are clearly high for the company. However, I see a lot of potential pitfalls.The company’s flagship KidneyIntelX product could be delayed as it moves into commercial production. Adoption may be slower than expected. There may be pricing competition from other companies in the diagnostics field. These are all usual things when a medical diagnostic company launches a new product, and on their own, they wouldn’t necessarily concern me. But any such setback could hurt the Renalytix share price. There is also the chance that the company’s technology, which has US regulatory approval for testing services, performs well, and sales grow rapidly.But at the moment, I find it hard to value the shares as there are so many unknown variables. Focussed for now on a single product, which has not yet seen widespread commercialisation, the Renalytix share price could well be more volatile than I like. That is why I will sit this one out until the company starts to produce substantial revenues. I would prefer to find a medical share with a more proven ability to commercialise its technology and make a profit. “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. The Renalytix share price more than doubled in a year: what I’d do now christopherruane has no position in any of the shares mentioned. The Motley Fool UK has recommended GlaxoSmithKline. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

Why the Black Alliance for Peace opposes U.S. intervention in Venezuela

first_imgThe following statement was released on Jan. 25. For more information contact [email protected] We, the members of the Black Alliance for Peace, uphold our political stance in the face of aggressions waged by the United States. Two of BAP’s core principles are an unwavering commitment to self-determination for peoples and nations alike and opposition to imperialism in all its varied and brutal forms. Therefore, unlike so many who are confused about Venezuela, we say without equivocation that we oppose the illegal and immoral attempts by the United States and their Organization of American States (OAS) allies to interfere in the internal affairs of Venezuela.No objective right has been bestowed upon the United States to impose its will on any sovereign people or nation. We categorically reject the arrogant and white supremacist assumption that the United States — itself a capitalist dictatorship — should arbitrarily take the liberty to presume leadership and rationalize its intervention into any nation by evoking a flimsy, laughable and ostensible argument that it is supporting democracy and/or human rights.Were it not for the abject hypocrisy exercised by the United States, the irony in the case of Venezuela would be more laughable than tragic. On the one hand, a nation that annually pretends to honor the Rev. Dr. Martin Luther King, Jr., skirts over the many people’s understanding that he was murdered because of his opposition to U.S. state violence. That the United States would unleash a plan to subvert Venezuela — which would cost thousands of innocent lives — reminds us as Black people of the same methodology applied during the murderous and draconian tenure of FBI Director J. Edgar Hoover who unleashed the COINTELPRO program in U.S. Black communities.Militarized U.S. police forces, many of whom have received training from the Israeli state, enjoy impunity for the state-sanctioned execution of our people.Like the war party that it was during the Vietnam War period, the majority of Democrats have dropped their supposed fundamental opposition to Trump to line up in support of this criminal intervention. As always, the “party of the people” demonstrates its brand of subjective righteousness and justice.We pose the question to progressive forces in the United States: How much more war, how much more death and destruction will you endure before you break with the capitalist duopoly of your government and say no more war, no more subversion, no more killings in my name by a state that by every definition has become a rogue state and threat to global humanity?There can be no equivocation in the face of injustice and the psychopathology of white supremacist ideology that is unable to respect the rights and humanity of people of the Global Majority — Black and Brown people who are the ones who suffer from these imperialist adventures mobilized by the U.S./EU/NATO axis of domination.The idea of a benevolent hegemon might be a comforting myth that assuages the conscience of left and progressive forces who engage in open class/race collaboration with the white supremacist, colonial/capitalist patriarchy that is the Western European project. But for those of us relegated to what Frantz Fanon called the “zones of non-being,” we cannot afford any illusions about the nature of what we are up against.We call on those principled individuals and organizations located at the center of empire to put aside your divisions, stop your collaboration with the rulers and live up to your responsibility to the people of the world who suffer at the hands of this mad, criminal state.Now is the time to say no, now is the time to build our movement, now is the time for all of us who say we believe in peace to be ready to fight for justice! HANDS OFF VENEZUELA! STOP U.S. SUBVERSION AND LAWLESSNESS! CLOSE U.S. AND NATO BASES! U.S. OUT OF AFRICA — SHUT DOWN AFRICOM!FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Purdue Women in Agriculture Offering Livestock Guardian Animals Webinar

first_img Purdue Women in Agriculture Offering Livestock Guardian Animals Webinar Facebook Twitter SHARE Home Indiana Agriculture News Purdue Women in Agriculture Offering Livestock Guardian Animals Webinar By Purdue University News Service – Feb 24, 2020 Throughout the year, the Purdue Women in Agriculture Team offers free educational webinars as an extension of the Women in Agriculture Conference.Livestock Guardian Animals have been used for thousands of years to protect animals from predators.Dogs? Llamas? Donkeys? Which is the best for your operation?This webinar looks at the different types of livestock guardian animals, their traits, and decide which fits best for you.Webinar is presented by Elysia Rodgers, Purdue Extension DeKalb County.Click here to register  for the event: https://tinyurl.com/y83ma4k4 SHARE Facebook Twitter Previous articleFarm Credit Mid-America to Return $186 Million in PatronageNext articleDeere: Farms, Ag Economy Beginning to Stabilize Purdue University News Servicelast_img read more

Carlton Drive community outraged at playpark pipe-bomb

first_img Facebook News Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest Twitter Guidelines for reopening of hospitality sector published RELATED ARTICLESMORE FROM AUTHOR LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Yesterdays discovery of a pipe-bomb beside a childrens play-area in Strabane has been widely condemned.Army bomb experts made safe the device yesterday morning.Police said it was “reckless in the extreme” to abandon the device near the play area.And local Councillor Eugene McMennamin, says a young child could of been killed yesterday.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/06/eug1pm.mp3[/podcast] Previous articleCalls for review of expenses paid to Deputy McGinley and Senator O’DomhnaillNext articleDeputy McGinley and Senator O’Domhnaill strongly reject expenses claims News Highland Calls for maternity restrictions to be lifted at LUH Google+center_img Carlton Drive community outraged at playpark pipe-bomb By News Highland – June 10, 2010 WhatsApp Three factors driving Donegal housing market – Robinson Twitter NPHET ‘positive’ on easing restrictions – Donnelly WhatsApp Google+ Pinterest Facebooklast_img read more

Councillor says more garda needed on the ground in response to armed raids

first_img Facebook Google+ Google+ Newsx Adverts Three factors driving Donegal housing market – Robinson Pinterest By News Highland – July 7, 2011 WhatsApp A Donegal County Councillor claims the latest armed robbery in Donegal underlines the lack of garda manpower and how that manpower is being used on the ground.Yesterday afternoon at around 3 o’clock an man armed  a sawn-off shotgun held up the post office in Manorcunnungham, the postmistress was badly shook up by the ordeal and was treated for shock.The man escaped in a Green Vauxhall Cavalier which was later found burnt out in Derry.Councillor Paul Canning says much garda time is being tied up with office work and attending court sittings and that is taking resources off the ground:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/07/canr830resources.mp3[/podcast] Pinterest Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week Councillor says more garda needed on the ground in response to armed raids Guidelines for reopening of hospitality sector published RELATED ARTICLESMORE FROM AUTHOR Twitter Previous articleJudgement in Omagh bombing civil appeal due todayNext articleMary Coughlan’s time as Health Minister proves forgettable News Highland WhatsApp Calls for maternity restrictions to be lifted at LUH Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

Investition launched following Derry petrol bomb attacks

first_img 75 positive cases of Covid confirmed in North Investition launched following Derry petrol bomb attacks WhatsApp RELATED ARTICLESMORE FROM AUTHOR Previous articleHSE admit NowDoc will be impacted by “out of hours” reviewNext articleAer Arann new flight routes fail to take off News Highland Google+ Further drop in people receiving PUP in Donegal Twitter By News Highland – May 1, 2010 Twitter Pinterest Google+center_img Facebook News Main Evening News, Sport and Obituaries Tuesday May 25th WhatsApp Facebook 365 additional cases of Covid-19 in Republic Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry Police in Derry says they are investigating two separate petrol bomb attacks in the cityTwo houses and a business premises have been attackedPolice say a crowd of up to 20 youths were present when four petrol bombs were thrown at homes in Conway Park at 11 o’clock last night.Around the same time, two petrol bombs were thrown at premises in Glendermott business park.There are no reports of injuries. Gardai continue to investigate Kilmacrennan firelast_img read more

Concern remains over Foyle Ferry service

first_imgAudioHomepage BannerNews News, Sport and Obituaries on Monday May 24th Previous articleDonegal Islands would have stronger voice if part of CPMR , says CllrNext articleDonegal TD urges Agriculture Minister to tackle fodder crisis News Highland Harps come back to win in Waterford Twitter Pinterest Pinterest FT Report: Derry City 2 St Pats 2 Google+ RELATED ARTICLESMORE FROM AUTHOR WhatsApp Google+center_img Derry draw with Pats: Higgins & Thomson Reaction Journey home will be easier – Paul Hegarty Twitter Facebook Concern remains over Foyle Ferry service Facebook DL Debate – 24/05/21 By News Highland – April 4, 2018 Serious concern remains as to when the Lough Foyle Ferry service from Greencastle to Magilligan will begin to operate this year. It had been anticipated that the ferry would run as planned over the Easter period however it was confirmed last week that the vessel suffered damage enroute.The service is expected to be used by thousands attending the Irish Open in Ballyliffin later this year.While it’s hoped the ferry will run over the May Bank Holiday, Local Cllr Martin Farren is calling for more communication and clarity from the operators:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/04/farrenfghgfhfferry1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApplast_img read more