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Special Feature
Forklifts shine in challenging year
Last Week's Most Read
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Manitou accelerates growth
Ancenis, France
French equipment maker Manitou has recorded strong growth in the last quarter and for the last calendar year. “The group continues to accelerate its growth by closing the year...
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Konecranes signs agreement with Larsen & Toubro
Mumbai, India
Konecranes and Larsen & Toubro (L&T), a large Indian multinational company, have signed a licensing agreement for the manufacturing and distribution of Konecranes port cranes in India, expanding Konecranes’ footprint...
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Inside Forkliftaction
After some pessimism last year, the International Monetary Fund has increased its 2022 and 2023 growth forecasts. Global growth will slow from 3.4% in 2022 to 2.9% in 2023 and then rebound to 3.1%, the global agency predicts.
The IMF is encouraged by the recent reopening of China, which it
says paves the way for a rapid rebound in activity. It also notes that global financial conditions have improved as inflation pressures start to abate. This, and a weakening of the US dollar from its November high, provide some modest relief to emerging and developing countries, according to the latest analysis.
...
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