S.Korea factory growth slows in March as output, export orders shrink – PMI
SEOUL – South Korea’s factory activity slowed in March, as the economic fallout from the Ukraine war added strains to firms already struggling with supply …
Output
Chile’s February copper production down 7%, manufacturing output dips
SANTIAGO – Copper output in Chile, the world’s largest producer of the metal, fell 7% year on year to 399,817 tonnes in February, the country’s …
Japan’s Feb factory output rises for first time in three months
By Daniel Leussink TOKYO – Japanese factories posted their first rise in output in three months in February as resilience in global demand led to …
U.S. manufacturing output beats expectations in February
WASHINGTON – Production at U.S. factories accelerated in February, shrugging off a continued slump in motor vehicle output, pointing to sustained strength in manufacturing amid …
Exxon, BHP to invest $291 million to expand gas output off Australia
By Sonali Paul and Sameer Manekar MELBOURNE -Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost …
Air Lease warns on jet output, urges Boeing to develop new model
– Leasing pioneer Steven Udvar-Hazy cast doubt on the production ambitions of leading planemakers on Wednesday and called on Boeing to revisit longer-term plans for …
German debt to reach some 70% of output this year – Lindner
BERLIN – Germany’s public debt will be around 70% of economic output this year and will fall to no more than the 60% ceiling set …
Euro zone industry output flat in sluggish start to 2022
BRUSSELS – Euro zone industrial production was unchanged in January from December, data showed on Tuesday, indicating a sluggish start to 2022 even before any …
Venezuela could add 400,000 bpd to oil output if U.S. approves licenses -petroleum chamber
By Mayela Armas CARACAS – Venezuela’s oil output could rise by at least 400,000 barrels per day (bpd) if the United States authorizes requests by …
Italy industry output dives, growth outlook weakens
By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the …
Russia’s Feb oil output rises, trading paralysed by sanctions
– Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax …
OPEC’s Feb oil output boost exceeds target for first time in months -survey
By Alex Lawler LONDON – The increase in OPEC’s oil output in February exceeded the rise planned under a deal with allies for the first …
Volkswagen’s Skoda limits some output due to Ukraine, production in Russia still running
PRAGUE – Czech carmaker Skoda Auto, part of Volkswagen, will limit some production at its domestic plants due to supply shortages after Russia’s invasion of …
Sime Darby Plantation posts Q4 profit, says output to pick up
KUALA LUMPUR – Malaysia’s Sime Darby Plantation Berhad reported a higher fourth-quarter net profit on Friday, fuelled by rising prices of palm oil, and said …
Honda says domestic output capacity reduced until March
TOKYO – Honda Motor said on Thursday that two of its domestic manufacturing sites will operate at 90% of capacity until early March due to …
U.S. manufacturing output rises moderately in January
WASHINGTON – Production at U.S. factories increased moderately in January as motor vehicle output fell for a second straight month amid an ongoing global shortage …
Shares of Continental Resources tank amid higher 2022 capex, lower output view
– Shares of independent shale driller Continental Resources fell more than 8% on Tuesday, outpacing declines in the broader energy complex, after the company’s 2022 …
Apache aims to boost oil and gas output in Egypt, says CEO
CAIRO – Apache aims to raise its oil and gas output in Egypt by 10% to 15% within five years, CEO and President John Christmann …
Ford suspends or cuts output at plants due to chip shortage
DETROIT – Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to …
Ford to suspend or cut output at 8 of its factories due to chip shortage
SAN FRANCISCO – Ford Motor plans to suspend or cut production at eight of its factories in the United States, Mexico and Canada throughout next …
Nippon Steel to seek more merger chances to boost global output
TOKYO – Japan’s top steelmaker Nippon Steel Corp is seeking more merger and acquisition (M&A) opportunities to boost its global output capacity to 100 million …
Global Oil Supply Set To Surpass Demand Despite Omicron As US Producers Boost Output
Global crude oil production is forecasted to outpace demand beginning in December and into 2022, a key monthly industry report said. The oil supply is …
Oil Prices Skyrocket To Seven-Year High After OPEC Announces Gradual Output Boost
The price of oil surged Monday after the Organization of the Petroleum Exporting Countries (OPEC) doubled down on its plans to increase oil output at …