What is the current trend in European stock markets?

European stock markets opened with a generally positive sentiment, indicating a slight rise.

How is the Milan stock exchange performing?

The Milan stock exchange, specifically the FTSE MIB, is showing a modest increase, trading at 39,971 points with a gain of 0.51%.

What are the primary concerns weighing on European markets?

Markets are primarily concerned about uncertainty surrounding U.S. commercial policies, notably the potential for 30% duties on EU goods starting August 1st.

Are there any specific company performances worth noting in Milan?

Yes, companies like Stellantis are showing recovery, while Prysmian, Interpump, and STM are also experiencing positive movement. financial institutions such as Intesa Sanpaolo and UniCredit are also trading higher.

What is the impact of U.S. political commentary on market sentiment?

Rumors about potential changes in Federal reserve leadership, following criticism of interest rate management, are contributing to market unease.

How are energy sector stocks performing in Milan?

Major energy companies like Enel are showing slight gains, while Eni is experiencing a minor decline.

Tag:

manufacture

Business

Electric Car Prices: Indonesia’s Rise as a Battery Hub

by Priya Shah – Business Editor November 15, 2025

written by Priya Shah – Business Editor

Jakarta – Electric car prices in Indonesia are poised for further declines in⁣ the coming ‌years,potentially accelerating adoption of the vehicles,according to⁣ industry observers. The anticipated drop is linked to ‌decreasing battery production costs, a key component of electric vehicle (EV) pricing.

Automotive Observer ‍Yannes Pasaribu predicts battery production costs will fall to around ⁤$67 USD ‌per kilowatt-hour (kWh) within 4-5 years, nearing 2030. “it ⁣seems like all the fossil fuel vehicle industries, except for petrol head hobbyists, will likely‍ have to⁤ change businesses, because the production costs will be cheaper, because these batteries cost 20 to 40 percent ‍of the‍ vehicle price,” Pasaribu stated during a presentation at the detikcom Leaders Forum on Wednesday, November 12, 2025.

Indonesia holds a strategic position‌ in the EV ⁣battery supply chain as the⁤ nation with the world’s⁢ largest nickel reserves. The Ministry of Energy and ‍Mineral Resources (ESDM) reported ⁤5.9 billion tonnes of nickel ore reserves and 62.02 million tonnes of nickel metal as of 2024,with 173.6 million⁢ tonnes ⁣of nickel ore produced throughout the year.

A meaningful advancement in this sector is the establishment of Southeast asia’s largest lithium battery factory, operated by‌ PT Industri Batteries Indonesia‌ (IBC) in collaboration with brunp and Lygend (CBL), a subsidiary of Contemporary Amperex Technology Co. Limited (CATL). The‍ factory, located in Karawang, represents an investment of US$5.9 billion (approximately Rp. ‌95.5 ‌trillion, based on an exchange rate of‍ rp. 16,192) and was inaugurated by President Prabowo‍ Subianto on June 29, ⁢2025.

“If batteries that cost 20-40 percent can start to be produced (locally), this will accelerate the decline in battery prices, and ⁢accelerate the decline in the price‌ of electric cars. Don’t forget that Indonesia will become a hub for the ASEAN region,” Pasaribu added.

Data from the United States Department of Energy⁤ (DOE) illustrates the trend of falling battery costs, dropping from approximately $1,415 ‌per kWh in 2008 to $139 per ‍kWh in 2023 – a roughly 90% decrease over 15 years, adjusted for inflation.

November 15, 2025 0 comments

World

Duties, Markets, Trump: Italy Stock Exchange News

by Lucas Fernandez – World Editor July 17, 2025

written by Lucas Fernandez – World Editor

European Markets Show Modest Gains Amid Trade Uncertainty

European stock markets opened with a generally positive sentiment, with Milan’s FTSE MIB index showing a slight rise. The benchmark index was trading at 39,971 points, up 0.51%.

This modest uptick occurs against a backdrop of significant market concerns. Investors are closely monitoring potential shifts in U.S. commercial policies, particularly the possibility of new tariffs.Specifically, there is apprehension regarding the implementation of 30% duties on European Union goods, which could take effect as early as August 1st.

July 17, 2025 0 comments

News

Manufacturing activity in New York region shows unexpected growth in September

by Chief editor of world-today-news.com September 17, 2023

written by Chief editor of world-today-news.com

By Le Figaro with AFP

Published on 09/15/2023 at 2:40 p.m., Updated on 09/15/2023 at 2:43 p.m.

On the labor market side, indicators “point towards a slight decline in employment levels and the average length of the working week”. MTM / Manueltrinidad – stock.adobe.com

Manufacturing activity in the highly industrialized New York region recovered unexpectedly in September, recording slight growth after the sharp contraction of the previous month, thanks in particular to an increase in new orders. The index measuring this activity increased by 21 points compared to August, and stood at 1.9 points, according to the monthly Empire State survey published Friday by the New York branch of the Federal Reserve (Fed) .

This is much better than expected, since analysts were counting on a second month of contraction in activity, although less severe than in August, and saw the index settling at -10 points, according to the Market consensus. Watch. “New orders and shipments increased. Delivery times remained stable and stocks continued to contract», Details the New York Fed in its press release.

On the labor market side, the indicators “point to a slight decline in employment levels and average workweek length“. As for inflation, it remains stable for the prices of supplies, raw materials and spare parts. But it is accelerating for the prices at which manufacturers sold their products. And for the months to come, companies are increasingly optimistic about activity. The New York Area Manufacturing Activity Index is considered a reliable barometer of the U.S. economy.

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2023-09-15 12:40:57
#United #States #York #manufacturing #activity #recovers #September

September 17, 2023 0 comments

News

Sharp Decline in Manufacturing Activity in New York Surprises Analysts

by Chief editor of world-today-news.com August 17, 2023

written by Chief editor of world-today-news.com

By Le Figaro with AFP

Published on 08/15/2023 at 15:06, Updated on 08/15/2023 at 16:03

Analysts were rather expecting a slight increase. TTstudio – stock.adobe.com

Manufacturing activity in the highly industrialized region of New York fell sharply in August compared to the previous month, taking analysts by surprise who had expected a slight increase. The index measuring this activity fell 20 points compared to July, to stand at -19 points, according to the monthly Empire State survey published Tuesday by the New York branch of the Federal Reserve (Fed).

The index thus took analysts who were counting on the contrary on a slight increase, to stand at 2.4 points, according to the consensus published by briefing.com. The decline concerns all the components of the index but is particularly marked on new orders, down 35 points to -19.9 points, and deliveries, which fell by 26 points to – 12.3 points.

The impact on employment is however limited, the sub-index concerning it remaining slightly negative at -1.4 points, alevel indicating little change in employment level“, according to the press release, but that on working time stood at -10.7 points, underlining a drop in weekly working time.

As for prices, they continue to increase but at a slower pace than that observed in previous months, the statement said. While the trend is negative in the short term, companies remain positive for the coming months, with the index on future conditions rising 6 points to 19.9 points, its highest level in a year.

2023-08-15 13:06:51
#United #States #Sharp #fall #manufacturing #activity #York #August

August 17, 2023 0 comments

Technology

“New Mercedes-AMG SL offers unparalleled personalization with MANUFAKTUR package”

by Chief editor of world-today-news.com May 24, 2023

written by Chief editor of world-today-news.com

By taking advantage of the new MANUFAKTUR package, prospective owners of the new Mercedes-AMG SL can enjoy even wider personalization options. Available in eight MANUFAKTUR bespoke finishes, two solid finishes: Antique Blue and Silica Grey, two metallic finishes: Côte d’Azur Light Blue Metallic and Rubellite Red Metallic, and four matt finishes : Midnight Black, High Tech Silver (available in Q4 2023), Graphite Gray and Irish Medium Green exclusive to SL MANUFAKTUR. The optional fabric soft top can be selected in midnight blue as a special configuration exclusive to Mercedes-AMG SL.

The MANUFAKTUR interior package is available in seven colours: Classic Red/Black, Mystic Red/Black, Peach Grey/Black, Savannami/Black, Tobacco Brown/Black, Yacht Blue/Black and Shadow Green/Black.

The interior package includes seats upholstered in MANUFAKTUR’s exclusive Nappa leather with exquisite diamond quilting, while the AMG logo is embossed on the front headrests. MANUFAKTUR custom colored Nappa leather can also be used for the armrests and center panels of the doors, the center console (including the center armrest) and the lower part of the instrument panel. Another highlight of the interior package is the AMG Performance MANUFAKTUR steering wheel in hand-stitched Nappa leather, which can be matched to the selected interior colour. Floor mats in deep pile black with embroidered AMG logo and Nappa leather trim in the matching MANUFAKTUR interior color have a particularly high-quality presentation.

In addition, the illuminated door sill trims, which can be found after opening the doors, feature AMG lettering and the distinctive MANUFAKTUR graphic. The center console features MANUFAKTUR lettering and a high-gloss chrome finish. Its cursive font emphasizes the brand’s claim to high quality and craftsmanship.

MANUFAKTUR is the personalization line for exclusive paint finishes and high-quality interior finishes. Selected materials and workmanship complete the design and ensure a special type of sensory experience, so that customers will receive a car of special value, manufactured according to their individual ideas and wishes.

May 24, 2023 0 comments

News

In the video.. Al-Ghidan reveals the biggest drug crime promoted by a celebrity made by his mother

by Chief editor of world-today-news.com January 26, 2023

written by Chief editor of world-today-news.com

Al-Marsad Newspaper: The presenter of the Blind Spot program on the Saudi channel, Salah Al-Ghaidan, revealed a crime committed by a celebrity, because of his promotion of a treatment mixture.

drug crime

Al-Aidan said: “The biggest drug crime I witnessed, it was carried out by a celebrity who has more than 1.5 million followers, who promoted a therapeutic mixture made by his mother.”

his mother’s mixture

And he continued, “The famous person said through his account that he was sick, and he recovered with a mixture prepared by his mother, consisting of 27 ingredients.”

Khudairi responds

For his part, the researcher in carcinogens, Dr. Fahd Al-Khudairi, replied that the method of this mixture is a crime, because substances are mixed without knowing their interaction or contradiction.

January 26, 2023 0 comments