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...The company this week reported burning almost $4bn in cash in the first quarter as production rates slowed....
...De Beers was the only unit of Anglo American to adjust its full-year production forecast on Tuesday, reducing its guided range to 26mn to 29mn carats of output, from 29mn to 32mn, and lifting expected average...
...Stellantis has unveiled a R$30bn (US$6bn) programme to upgrade car production in Brazil, joining a $14bn wave of investment pledges by global carmakers in Latin America’s largest economy this year....
...The strategy aims to lift annual sales by 1mn units by the end of its fiscal 2026 year. Read more here...
...China has been investing heavily in its semiconductor industry after the US unveiled export controls on leading-edge chips....
...A separate, preliminary investigation by the National Transportation Safety Board found the panel was missing four bolts that were designed to secure it....
...It is the top performing US airline stock over the past year. Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues....
...“These are two of Saudi Arabia’s sworn enemies when it comes to petrol production,” he said. “It’s difficult for them to watch.”...
...Diamondback Energy vowed to hold oil production flat this year, tempering its already modest growth plans and vowing to return more cash to shareholders as operators throttle back on drilling in the Permian...
...Diamondback Energy vowed to hold oil production flat this year, tempering its already modest growth plans and vowing to return more cash to shareholders....
...Production-line workers, quality-control assessors and machine operators seem most at risk of being replaced by AI....
...Beyond that, Michieletto’s clean-cut, modern production looks set to endure. It does not resort to Spanish picture-postcard clichés. It does not traduce Bizet’s original....
...The biggest drop in December was for chemicals output, which fell 7.6 per cent from the previous month, taking the sector to its lowest annual production since 1995....
...Still, there’s sufficient intrigue and splashy production to keep enough of us watching and dissuade Netflix from consigning 3 Body Problem to the same fate as The Chair....
...The Institute for Supply Management said its index tracking factory activity increased to a reading of 49.1 last month from 47.1 in December, surpassing economists expectations for a reading of 47....
...Ursula von der Leyen said the commission was developing its defence industry strategy informed by the experience of using taxpayer cash to boost the production of Covid-19 vaccines and for joint purchases...
...The US aviation regulator has blocked Boeing from expanding production of its most popular plane, citing concerns about quality control after a door panel blew out of a 737 Max 9 plane this month....
...Ryanair has doubled the number of its engineers overseeing Boeing’s production lines as manufacturing problems have plagued the US plane maker....
...it had been asked by the energy ministry to abandon a plan to increase the Kingdom’s maximum sustainable production capacity from 12mn barrels per day to 13mn b/d by 2027.The multi billion dollar investment...
...CBAM is itself a spur to innovative production. In its current form, it will secure an EU market for low-carbon steel and aluminium, cement, fertiliser, hydrogen and electricity....
...Ford is cutting production of its F-150 Lightning electric pick-up truck as it predicts slower EV sales growth this year....
...The UK produces roughly 60 per cent of the food it consumes, according to the government....
...Industrial production leapt 7 per cent year on year in January and February, combined data from the National Bureau of Statistics showed, the fastest rate of growth in almost two years and above an anticipated...
...Mum did it up, and it’s still the same. I love it; it doesn’t change. You can walk to the top of the dune and it’s like being in a desert looking at the sea; you have to go to believe it’s in Europe....
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