Biden Is Re-Evaluating Relations With Saudi Arabia Following The OPEC+ Cut
U.S. President Joe Biden is re-evaluating the United States’ relationship with OPEC’s de facto leader Saudi Arabia after the Kingdom led the OPEC+ group to...
Germany’s Industrial Output Drops As Energy Prices Soar
Germany’s industrial production fell by 0.8% in August compared to July, amid a significant drop in output at energy-intensive industries, the German Federal Statistical Office...
Japan to give Micron Technology up to $320 million to boost chip output in Hiroshima By Reuters
[ad_1] © Reuters. FILE PHOTO: Micron GDDR6X graphics memory solution is pictured in this April 12, 2022 handout image. Micron Technology/Handout via REUTERS TOKYO (Reuters)...
Toyota’s July global vehicle output drops again, puts annual target in doubt By Reuters
[ad_1] © Reuters. FILE PHOTO: Toyota’s logo is seen at a Toyota Society Motors showroom in Karachi, Pakistan, July 27, 2022. REUTERS/Akhtar Soomro/File Photo (Reuters)...
Rising Food Prices Could Become a Business Risk, Analysts Say
Rising global food prices and shortages of grain and fertilizer stemming from the war in Ukraine could create further economic turmoil, risk analysts said. In...
India’s Central Bank Takes Steps to Stem Rupee’s Slide
India’s central bank has relaxed debt-market rules for foreign portfolio investors and allowed commercial banks to raise interest rates on nonresidents’ foreign-currency deposits in a...
Hyundai Motor Ulsan plants’ output hit due to truckers’ strike – company union By Reuters
[ad_1] © Reuters. FILE PHOTO: Hyundai Motor sedans are parked at a shipping yard of South Korea’s biggest automakers Hyundai Motor Co and affiliate Kia...
Japan’s Panasonic sees global car output improving this business year By Reuters
[ad_1] © Reuters. FILE PHOTO: A logo of Panasonic Corp is pictured at the Combined Exhibition of Advanced Technologies at the Makuhari Messe in Chiba,...
Tesla delivers record vehicles in Q1; output falls as China shutdown weighs By Reuters
[ad_1] © Reuters. FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29,...