Industrial Goods – The News Desk

Kim Jong Un’s 2024 Wish List: More Nuclear Bombs, Spy-Satellite Launches

1Jan

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World

Kim Jong Un’s 2024 Wish List: More Nuclear Bombs, Spy-Satellite Launches

SEOUL—Throughout 2023, North Korean leader Kim Jong Un called for the expansion of his country’s weapons arsenal. This year, he plans more of the same. Pyongyang plans to carry out three more spy-satellite launches and accelerate nuclear-weapons production in 2024, Kim told top North Korean officials in recent year-end meetings. The 39-year-old dictator ruled out reunification with South Korea. And he echoed prior dissatisfactions with the U.S., urging his country to prepare for an armed conflict that could occur at any time. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Why Every Western Automaker Is Visiting This Remote Part of South Africa

30Dec

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World

Why Every Western Automaker Is Visiting This Remote Part of South Africa

Updated Dec. 30, 2023 12:11 am ETListen to article(2 minutes)MBOMBELA, South Africa—A half-century-old company on the outskirts of South Africa’s Kruger National Park has found itself in a fortuitous spot as Western automakers push to move their electric-vehicle supply chains away from China.Manganese Metal Co., based in the sleepy town of Mbombela, is the largest of just a handful of refiners of battery-grade manganese located outside China. Used mostly for making steel, manganese is increasingly replacing more expensive and harder-to-source minerals such as cobalt and nickel in the lithium-ion batteries that power electric cars, smartphones and laptops.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Russian Strike on Ukraine Sent Warhead Through Polish Airspace, Warsaw Says

30Dec

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World

Russian Strike on Ukraine Sent Warhead Through Polish Airspace, Warsaw Says

KYIV, Ukraine—Russia launched a massive missile and drone attack on cities across Ukraine, killing at least 30 people and allegedly sending a warhead through Polish airspace in one of the biggest barrages of the war.Ukrainian President Volodymyr Zelensky said Russia launched around 110 missiles on Friday morning. The majority were shot down, according to Ukrainian officials, but damage was nonetheless widespread. Schools, apartment buildings and a maternity hospital were all hit. Casualties were reported in Kyiv, Kharkiv, Odesa, Dnipro, Zaporizhzhia and Lviv—the six largest Ukrainian cities not under Russian occupation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Nasdaq Beats NYSE in IPO Race for Fifth Year in a Row

30Dec

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World

Nasdaq Beats NYSE in IPO Race for Fifth Year in a Row

Updated Dec. 29, 2023 6:39 pm ETNasdaq beat the New York Stock Exchange in the battle for initial public offerings in 2023, the fifth consecutive year in which the once-dominant NYSE has fallen behind its rival.IPOs at Nasdaq have raised $13.7 billion compared with $10.4 billion for new listings at the NYSE, according to data provider Dealogic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies

29Dec

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World

Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies

Dec. 29, 2023 2:04 pm ET|WSJ ProA bankruptcy judge is allowing U.S. affiliates of Irish air conditioning manufacturer Trane Technologies to remain in bankruptcy, denying a request from asbestos-injury claimants to dismiss the cases created through a controversial strategy known as the Texas Two-Step. Judge J. Craig Whitley of the U.S. Bankruptcy Court in Charlotte, N.C. issued his decision Thursday, rejecting the request to dismiss the chapter 11 cases. Trane placed subsidiaries Aldrich Pump and Murray Boiler under bankruptcy in June 2020 to handle about 90,000 asbestos-related lawsuits. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The New Star on the Political Scene: The Chip Industry

29Dec

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Technology

The New Star on the Political Scene: The Chip Industry

Updated Dec. 29, 2023 12:06 am ETSemiconductors have played the starring role in state visits. Nvidia’s chief executive was feted by heads of state like a visiting dignitary. Government delegations have shuttled around the globe hobnobbing with chip makers. For an industry that suddenly finds itself as a geopolitical showpiece, the attention is a mixed bag.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Small Drones Are Helping Israel Navigate the Urban Battlefield in Gaza

29Dec

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World

Small Drones Are Helping Israel Navigate the Urban Battlefield in Gaza

Updated Dec. 29, 2023 12:05 am ETThe Israeli military has tried a variety of methods to explore Hamas’s tunnels in Gaza: robots, robot dogs and real dogs. But what it has quickly learned is that the cheapest and most effective option for exploring the underground labyrinths—which are a potential death trap for soldiers—is a small quadcopter drone. It isn’t just tunnels. In the dense urban battlefield of Gaza, the Israeli military has been flying these quadcopters—essentially small helicopters with four rotors—into buildings before sending in soldiers. The devices are also providing smaller units with aerial reconnaissance and being used as guided munitions.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

29Dec

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World

The New Star on the Political Scene: The Chip Industry

Updated Dec. 29, 2023 12:06 am ETSemiconductors have played the starring role in state visits. Nvidia’s chief executive was feted by heads of state like a visiting dignitary. Government delegations have shuttled around the globe hobnobbing with chip makers. For an industry that suddenly finds itself as a geopolitical showpiece, the attention is a mixed bag.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

27Dec

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Money

The Chip Wars Are Metastasizing

It’s getting harder—both technically and financially—to make semiconductor chips smaller. The fight for chip tech supremacy has begun to migrate into a new area: how to package chips together to achieve better performance.The rise of artificial intelligence will further boost demand for advanced packaging technologies—and create openings for challengers such as China to compensate for weaknesses in other parts of the supply chain.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Iran Adds to Pressure on U.S. With Nuclear Program Acceleration

27Dec

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World

Iran Adds to Pressure on U.S. With Nuclear Program Acceleration

Updated Dec. 26, 2023 6:06 pm ETIran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as Tehran helps allied militias to attack Israel and U.S. forces in the region. Iran’s decision to triple its production rate of near-weapons-grade uranium marks the collapse of quiet diplomatic efforts between Washington and Tehran to ease tensions. It comes amid a proliferation of flashpoints between the U.S. and Iran, whose proxies have repeatedly traded fire with U.S. forces in the Middle East since the bloody conflict between Israel and Hamas erupted on Oct. 7. U.S. and European navies are also shooting down drones launched by the Iran-backed Houthis in the Red Sea. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 879...