Global Manufacturing Rebounds, DP World's Rail Goals, Oxford Brookes AI Fest

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

Global manufacturing showing signs of recovery, says latest PMI report

The J.P. Morgan Global Manufacturing PMI rose to a 22-month high of 50.9 in May, signaling a recovery in global manufacturing despite ongoing inflationary and supply chain challenges.

Full story here: https://thebusinessmagazine.co.uk/companies/global-manufacturing-showing-signs-of-recovery-says-latest-pmi-report/

DP World lifts rail freight target after success of trial

DP World aims to increase the share of freight transported by rail from Southampton to 40% by 2026 after its modal shift programme successfully raised rail freight from 21% to 30% since its launch last September.

Full story here: https://thebusinessmagazine.co.uk/companies/dp-world-launches-programme-to-encourage-cargo-owners-to-shift-to-rail-2/

Oxford Brookes University showcasing AI at week-long festival

Oxford Brookes University is hosting a week-long festival to showcase artificial intelligence (AI), which includes the unveiling of the Oxford Brookes Institute for AI, Data Analysis and Systems (AIDAS) and a dedicated 'Schools Day' to explore AI's potential in education and business.

Full story here: https://thebusinessmagazine.co.uk/companies/oxford-brookes-university-showcasing-ai-at-week-long-festival/