Day: November 19, 2021

Ford Drops Semiconductor Bombshell. Provides Alliance To Enhance American-Made Chips.

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Chip shortages have disrupted the auto business since early this 12 months.


David Paul Morris/Bloomberg

A worldwide semiconductor scarcity has constrained auto manufacturing all 12 months, creating manufacturing—and inventory market—volatility for all the automotive sector.




Ford Motor

is taking new steps to attenuate the affect on its operations.

Ford (ticker: F) and




GlobalFoundries

(GFS) on Thursday introduced a collaboration to fabricate automotive semiconductors within the U.S. The alliance reveals that after their tough 2021, automobile corporations need extra management over the provision of chips that allow nearly the entire options frequent on new vehicles.

Automotive corporations have

USTR go to: India, US to concentrate on market entry, revival of key commerce meet

The India-US TPF, established in 2005, is a discussion board to resolve commerce and funding points between the 2 nations. It has 5 focus teams: agriculture, funding, innovation and creativity (mental property rights), providers, and tariff and non-tariff limitations.

India and the US will probably focus on methods to bolster commerce by means of higher market entry — particularly in agriculture and data communication know-how — and removing of tariff and non-tariff limitations when US commerce consultant (USTR) Katherine Tai visits India subsequent week, a supply advised FE.

Tai’s two-day go to beginning November 22, her first because the chief

FMO companions Northern Arc to again companies in Sub-Saharan Africa

The mission underneath the NASIRA is to permit native monetary establishments to offer loans to younger ladies, Covid-affected individuals and migrant entrepreneurs, who they usually would understand as too dangerous.

FMO, the Dutch entrepreneurial growth financial institution, has partnered with Northern Arc Capital, the Chennai-based platform within the monetary providers sector, for an progressive monetary programme to assist ladies, youth and migrant-led companies in Sub-Saharan Africa and international locations neighbouring Europe.

Underneath this partnership, Northern Arc will assist FMO by means of providers, together with analysis on macro developments, evaluation of monetary panorama, transaction monitoring, efficiency reporting and modelling assist