Global oil demand will be weaker than expected this year and next…
OPEC Cuts Oil-Demand Forecasts as Economic Growth Slows
Browsing Tag
Output/Production
37 posts
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc. reported its net loss in the second quarter nearly…
Copper Miner Oz Minerals Rebuffs BHP’s $5.8 Billion Takeover Bid
ADELAIDE, Australia—Copper mining company Oz Minerals rejected a takeover approach by BHP…
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in…
Lyft Belt-Tightening Aids Second-Quarter Results
Lyft said belt tightening amid rising inflation and slowing economic growth helped…
Toyota Profit Takes Hit From Supply-Chain Troubles, Higher Costs
Toyota Motor Corp. on Thursday maintained its full-year outlook for production and…
Chemicals Giant to Cut Production of Key Fertilizer Ingredient Amid Russian Gas Crisis
BASF SE one of the world’s largest chemicals companies, said it would…
China Bets Big on Basic Chips in Self-Sufficiency Push
China is leading the world in building new chip factories, a step…
Baker Hughes Posts Wider Loss on Component Shortages, Rising Costs
Baker Hughes on Wednesday posted a wider loss in its second quarter,…
Companies Offer Supply-Chain Financing to Vendors as They Bulk Up on Inventory, Push Out Payment Terms
More companies are offering supply-chain financing to their vendors, a tool that…
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter,…
FDA Will Help Overseas Baby-Formula Makers Keep Selling in U.S. Beyond Shortages
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If the U.S. Is in a Recession, It's a Very Strange One
Economic output is down—but the job market is strong, unlike in previous…
Airbus Wins First Major China Jet Order Since Before Pandemic
By Benjamin Katz and Rachel Liang July 1, 2022 10:32 am ET…
Taiwan Company Plans Texas Chip Wafer Factory—if Congress Approves Incentives
WASHINGTON—A Taiwan-based company said it plans to build a $5 billion factory…
Elon Musk Calls Tesla’s New Car Factories ‘Gigantic Money Furnaces’
Tesla two newest car factories have been losing billions of dollars as…
U.S. Industrial Production Eased in May, Adding to Signs of Economic Slowdown
U.S. industrial production grew at a slower pace in May and manufacturing…
Lucid, Rivian Each Awarded CEOs More Than $400 Million in Pay Last Year
The chief executives of electric-vehicle startups Lucid Group Inc. and Rivian Automotive…
Biden Administration to Waive Solar Import Tariffs for Two Years
Seeking to resolve a conflict in the solar industry, the White House…
Macy’s, Gap and Other Clothing Stores Are Stuck With the Wrong Items
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