Nuclear, Baby, Nuclear: Trump signs order to restart U.S. nuclear energy production
WASHINGTON — President Donald J. Trump signed a sweeping executive order Friday aimed at reviving the U.S. nuclear energy sector, strengthening domestic fuel production, and boosting energy independence through accelerated nuclear reactor…
Renault to slash production costs for cars, expand in Turkey
PARIS (Reuters) -Renault said on Thursday it aims to cut the production costs of its cars by as much as 50% in the next four years including by increasing the use of…
Fisker scales back production to divert cash for working capital
(Reuters) -Electric-vehicle maker Fisker said on Friday it will scale down production this month and produce lesser cars this year than its previous guidance, to prioritize cash for working capital needs. Shares…
South Korea Oct factory output falls most in 10 months on weaker chip production
SEOUL (Reuters) -South Korea’s factory output unexpectedly fell on weaker chip production in October and posted the biggest drop in 10 months, official data showed on Thursday. The industrial output index fell…
First Quantum’s Panama mine not operating at commercial production levels
By Valentine Hilaire and Divya Rajagopal (Reuters) -A major Panama copper mine run by Canada’s First Quantum Minerals is not operating at commercial levels, a spokesman said on Thursday, following blockades by…
Stellantis to start in-depth talks with Italian govt to boost car production
MILAN (Reuters) – Fiat-parent company Stellantis will start in-depth talks with the Italian government next month to finalise a broad agreement for the country’s automotive industry, including higher domestic production targets. Stellantis…
Russia’s Avtovaz sees 10% lower Lada production in 2023 due to U.S. sanctions -Ifax
MOSCOW (Reuters) – Russia’s largest carmaker Avtovaz said it had lowered its production forecast for Lada cars due to U.S. sanctions imposed in September, Interfax news agency reported on Friday. The company…
Boeing to boost production capacity for Patriot missile sensors
(Reuters) – Boeing said on Monday it will increase Huntsville factory production capacity for sensors that are used to guide Patriot missiles to their targets to meet rising air and missile defense…
Fisker in talks with five carmakers for production capacity partnership
By Christina Amann BERLIN (Reuters) – U.S. electric vehicle startup Fisker is negotiating with five carmakers over a partnership to secure additional production capacity for its vehicles, its Chief Executive Henrik Fisker…
Mexico’s automotive production, exports rise in October
(Reuters) – Mexico’s automotive production and exports rose in October from a year earlier, data from national statistics agency INEGI showed on Tuesday. Production increased by 35.77% to 378,129 vehicles and auto…
EOG Resources beats quarterly profit estimates on strong production
(Reuters) -U.S. shale oil producer EOG Resources on Thursday soared past Wall Street estimates for third-quarter profit and raised its annual production forecast amid resilient fuel demand. U.S. WTI crude prices climbed…
Marathon Oil profit tops analysts’ estimates on higher production
By Arathy Somasekhar HOUSTON (Reuters) – Marathon Oil on Wednesday posted a third quarter profit that fell 44% from a year ago as energy prices fell, but results beat Wall Street analysts’…
Tesla falls as production cut by battery supplier Panasonic fans EV demand fears
(Reuters) – Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in…
Toyota September production jumps on stronger Japan output
TOKYO (Reuters) – Toyota Motor said on Monday that worldwide production rose 1.5% in September from the same period a year earlier to 900,919 vehicles, boosted by stronger demand in Japan, the…
Lakeland Man Sentenced To More Than 15 Years For Production, Distribution, And Possession Of Child Sexual Abuse Material
Tampa, Florida – U.S. District Judge Mary Scriven has sentenced Illya Frederick Plavljanich II (36, Lakeland) to 15 years and 6 months in federal prison, followed by a lifetime of supervised release,…
Rio Tinto cuts Canada iron ore production estimate on extended plant outage
By Rishav Chatterjee (Reuters) -Rio Tinto reported a rise in quarterly output across its copper and aluminium portfolios on Tuesday, sending its shares 3% higher, even as the miner cut its annual…
Pharmaceutical production manager sentenced in counterfeit drug trafficking conspiracy
BEAUMONT, Texas – A Houston man who served as a production manager in a counterfeit drug trafficking scheme has been sentenced to federal prison for drug trafficking and money laundering violations in…
The US Army Has Massively Ramped Up Ammo Production — But There’s A Problem
The US Army Has Massively Ramped Up Ammo Production — But There’s A Problem Micaela Burrow on October 8, 2023 The U.S. is ramping up production of 155mm artillery ammunition faster than…
Saudi Arabia, other Arab states reaffirm commitment to voluntary oil production adjustments
(Reuters) – Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to “collective and individual voluntary adjustments” to oil production, the Saudi state news agency said on…
Cuban entrepreneurs use ‘aquaponics’ for efficient food production
By Alien Fernandez HAVANA (Reuters) – In Cuba, beset by economic crisis and shortages, even the most fundamental of endeavors like fishing or farming can get complicated quickly. That’s why two young…
Volkswagen restarts production after suffering major IT outage
By Christoph Steitz FRANKFURT (Reuters) -Volkswagen said on Thursday that a major IT outage, which had caused most of its German plants to halt production, was resolved overnight and its global production…
Toyota’s Aug global output rises on stronger domestic production
TOKYO (Reuters) – Toyota Motor said global production climbed 4% from the same period a year earlier to 798,771 vehicles to mark a record for the month of August. Domestic production for…
Mitsubishi Motors to exit from China production – Nikkei
TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, the Nikkei newspaper reported on Wednesday. The Japanese automaker is making final arrangements with its local joint venture partner Guangzhou…
EV maker Fisker rallies after production update, bullish analyst report
By Chibuike Oguh NEW YORK (Reuters) – Shares of electric-vehicle startup Fisker Inc rose by more than 20% on Tuesday after the company reaffirmed its plan to increase deliveries of its flagship…
Pfizer restarts production at tornado-hit North Carolina plant
(Reuters) – Pfizer said on Monday it has restarted majority of the production lines at its tornado-hit North Carolina plant, but warned that supply of some drugs from the facility may not…
Ukraine to launch joint weapons production with US – Zelenskiy
By Olena Harmash KYIV (Reuters) – Ukraine and the United States have agreed to launch joint weapons production in a step that will enable Kyiv to start producing air defence systems, President…
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