Andritz has reported an increase of 20 per cent YoY in Q1 2025 order intake, led by strong growth in Pulp & Paper and Hydropower.
However, revenue declined 6.6 per cent to €1,761 million (~$1.88 billion) due to weakness in Pulp & Paper and Metals.
Net income fell to €89 million (~$95.2 million).
Andritz reaffirmed its 2025 guidance and noted no immediate impact from rising global tariffs.Read More

China’s manufacturing growth slowed in April, with the PMI falling to 50.4 amid weaker export demand and tariff-related disruptions.
New export orders declined, output eased, and firms resumed job cuts.
Despite slower input price deflation, manufacturers continued cutting selling prices, marking a fifth straight month of falling output charges.Read More

The Multi Modal Logistics Park (MMLP), Nagpur, developed by NHLML and JNPA, began operations with the arrival of its first cargo on April 28.
Spread over 150 acres and costing ₹673 crore (~$79.42 million), the park aims to boost intermodal freight movement, reduce travel time, and enhance logistics efficiency with warehousing, cold storage, and customs facilities.Read More

The ILWU has strongly condemned the US tariffs on Chinese imports—now at 145 per cent—calling them an economic assault on working families.
It warned of job losses, rising costs, and worsening inequality.
Highlighting Ocean Network Express cancelling a shipping route and surging construction costs, the union argued tariffs do little to balance trade but instead burden consumers.Read More