SINGAPORE -China’s daily coal output in July surged 16% from a year earlier following Beijing’s call for miners to ensure sufficient supply during the peak summer demand season. The country…
MOSCOW – Russia accused U.S. energy major ExxonMobil on Thursday of unilaterally stopping oil production at a Pacific joint venture, raising the stakes in a standoff with the western oil…
WASHINGTON – The Biden administration is focused on keeping oil prices down, the White House said on Wednesday after OPEC+ members decided top raise oil output by 100,000 barrels per…
MOSCOW – Russia’s services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong domestic demand outweighed slumping export…
LONDON – British manufacturing output and new orders declined in July at the fastest rate since May 2020, as factories across Europe struggled with rising costs and slowing demand, a…
WARSAW – The downturn in Polish manufacturing accelerated in July, a survey showed on Monday, as output and new orders fell sharply due to an uncertain economic outlook and high…
TOKYO – Japan’s manufacturing activity expanded at the weakest rate in 10 months in July, as pressure from rising prices and supply disruptions hurt output and new orders, suggesting a…
By Alex Lawler and Ahmad Ghaddar LONDON – OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United…
TOKYO – Toyota Motor Corp has suspended night shift operations at one production line of its Takaoka factory in central Japan because of a COVID-19 outbreak, the company said on…
BANGKOK – Thailand’s manufacturing production index (MPI) in June dropped 0.08% from a year earlier, dragged down by lower production of hard disk drives, plastic pellets and steel, the industry…
By Victoria Waldersee and Riham Alkousaa BERLIN – German firms are attempting to reduce gas use in response to a government plea to spare reserves, but savings may be limited…
By Abhijith Ganapavaram (Reuters) – Boeing’s cash flow will be the focus on Wednesday when the U.S. planemaker reports results as production snarls limit its ability to take advantage of…
TOKYO – Japan’s factory output likely rose in June for the first time in three months after China’s COVID-19 curbs eased, a Reuters poll showed on Friday. Japanese industrial production…
BEIJING – China’s industrial output grew 3.9% in June from a year earlier, quickening from a 0.7% rise in May, official data showed on Friday, as activity began to recover…
By Jeff Mason and Steve Holland WASHINGTON -U.S. President Joe Biden will make the case for greater oil production from OPEC nations to bring down gasoline prices when he meets…
By Gabriel Araujo and Camila Moreira SAO PAULO – Industrial output in Brazil rose 0.3% in May from April, government statistics agency IBGE said on Tuesday, the fourth consecutive monthly…
MILAN – A global crunch in semiconductor supply could cost Stellantis up to 220,000 vehicles this year in terms of lost output in Italy, the FIM CISL union said, adding…
By Alex Lawler LONDON – OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed, as involuntary…
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar LONDON -OPEC+ said on Thursday it would stick to its planned oil output hikes in August but avoided discussing policy from…
By Gwladys Fouche and Terje Solsvik OSLO -Seventy-four Norwegian offshore oil workers at Equinor’s Gudrun, Oseberg South and Oseberg East platforms will go on strike from July 5, the Lederne…
SINGAPORE – Singapore’s industrial output in May beat forecasts and grew 13.8% year-on-year, due to strong demand from 5G markets and data centres amid a global semiconductor chip shortage, official…
By Kantaro Komiya TOKYO – Japan’s factory output probably fell in May for a second successive month due to supply chain disruptions caused by strict COVID-19 lockdowns in China, a…
BUDAPEST – German carmaker Audi’s Hungarian unit will invest 120 billion forints ($320.2 million) to ramp up electric engine production at its factory in western Hungary, Foreign Minister Peter Szijjarto…
BEIJING – China’s industrial output rose 0.7% in May from a year earlier, picking up from a 2.9% decline in April, official data showed on Wednesday. The figure beat expectations…
By Valentina Consiglio and Gavin Jones ROME -Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a 0.2% gain in March, data…