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VW says it will build the electric cars in 16 “e-locations” around the world by late 2022, including some in Europe and one plant in the U.S. VW isn’t sure exactly where, but calls Chattanooga a “natural fit.” Most of the plants, though, will be in China, where about 50 percent of 2025's 1 million annual EVs will be sold, with Europe representing about 30 to 40 percent, and the U.S. representing around 10 to 20 percent.

This is a breakdown of current ratings and recommmendations for VOESTALPINE AG/ADR and SES, as provided by MarketBeat.com.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Marshall Wace North America L.P. bought a new stake in shares of Ternium in the 3rd quarter worth approximately $781,000. Marshall Wace LLP acquired a new stake in shares of Ternium during the third quarter valued at approximately $5,849,000. Nordea Investment Management AB acquired a new stake in shares of Ternium during the third quarter valued at approximately $242,000. Mackenzie Financial Corp raised its holdings in shares of Ternium by 48.1% during the third quarter. Mackenzie Financial Corp now owns 212,500 shares of the basic materials company’s stock valued at $6,437,000 after acquiring an additional 69,000 shares during the period. Finally, Deutsche Bank AG raised its holdings in shares of Ternium by 24.3% during the third quarter. Deutsche Bank AG now owns 480,825 shares of the basic materials company’s stock valued at $14,563,000 after acquiring an additional 93,953 shares during the period. Institutional investors and hedge funds own 18.57% of the company’s stock.

“We recently produced steel trolleys for the Multiflora Flower Market in Johannesburg, an example of our out-of-the-box approach to our ongoing diversification,” Andrew comments. This underlines the company’s main differentiator in being a bespoke solutions provider for steel construction.

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Subject merchandise also includes large diameter welded pipe that has been further processed in a third country, including but not limited to coating, painting, notching, beveling, cutting, punching, welding, or any other processing that would not otherwise remove the merchandise from the scope of the investigation if performed in the country of manufacture of the in-scope large diameter welded pipe.

23 – The federal government reached a financial settlement with two of four Indigenous men from northern Manitoba who were switched at birth and only found out about the mixup 40 years later. Neither Ottawa nor the lawyer for Luke Monias and Norman Barkman would reveal how much money the men would receive.

The arrival of the BLM LT Fiber tube laser While TW Tube Laser and Processing’s initial criteria for a tube laser was the machine’s diameter range to cater for larger part sizes and the heavy engineering market, the company has not neglected a segment of the market that is very vibrant and has huge potential.

But that does not happen.  Instead, the entire ship is built at Papenburg.  Why is that?  Because Western societies have developed advanced manufacturing techniques that are not duplicated or duplicable in less advanced societies. A 140,000 ton cruise ship is incredibly complex.  They are built in "modules," sections of 1,000 tons each, all finished with the plumbing and wiring and all the complicated parts and for all I know the toilets and paint and even the carpets already installed, the module then welded into place in sequence. In Romania or Poland you would first lay the keel, then attach the frames, then weld on the hull plates, then build the internal walls, and add the machinery, and then start to figure out the pipes and the wires, it is all cut and piece it together as you go along.  Doing that it would take you 15 years to build that cruise ship.  So it cannot be done. 

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11 – The Bank of Canada raised its trend-setting interest rate a quarter point to 1.50 per cent, the fourth raise since mid-2017, and the highest level since 2009.

In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK) is the third largest stock exchange in Asia, making it the sixth biggest stock exchange globally. As of 2015, more than 1,800 stocks are listed on it, bringing its total market capitalization to almost HK$25 trillion.

5 – Lowe’s Companies Inc. announced it was closing 31 properties across Canada in a bid to streamline its business. The closures included 27 stores, two regional support centres in Mississauga, Ont. and St. John’s, N.L., a truss plant in St. John’s, N.L. and a block plant in Kamloops, B.C.

6 – Actress Charlotte Rae, best known for playing the wise and patient housemother to a brood of teenage girls on the long-running TV sitcom “The Facts of Life,” died at age 92.


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