PRODUCTION

Asian firms shuffle production around the region as China tariffs hit

Asian firms shuffle production around the region as China tariffs hit

Published 24/09/2018

SEOUL/TOKYO (Reuters) - A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China [more…]

Ford revs up large SUV production to boost margins, challenge GM

Ford revs up large SUV production to boost margins, challenge GM

Published 12/02/2018

A Ford worker inspects paint work on the body of a Ford Expedition SUV at FordÕs Kentucky Truck Plant as the No. 2 U.S. automaker [more…]

Tesla denies further Model 3 production issues

Tesla denies further Model 3 production issues

Published 25/01/2018

A Tesla Model 3 is seen in a showroom in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson(Reuters) - Tesla Inc (TSLA.O) is on [more…]

The next oil major? Service firm Schlumberger`s big bet on production

The next oil major? Service firm Schlumberger`s big bet on production

Published 08/09/2017

The world's largest oilfield services company, Schlumberger NV (SLB.N), is spending billions of dollars buying stakes in its customers' oil and gas projects - investing in the same ventures it supplies with equipment and expertise. [more…]

Euro zone June industry output drops by more than expected

Euro zone June industry output drops by more than expected

Published 14/08/2017

Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. [more…]

Euro zone industry output rises, employment hits record high

Euro zone industry output rises, employment hits record high

Published 14/06/2017

FILE PHOTO: A worker controls a tapping of a blast furnace at Europe's largest steel factory of Germany's industrial conglomerate ThyssenKrupp AG in the western German city of Duisburg December 6, 2012. REUTERS/Ina Fassbender/File Photo

Euro zone industrial output grew in April and employment rose in the first quarter of the year to reach a record high, data released on Wednesday showed, in fresh signs of healthy growth of the bloc's economy.

[more…]

North Dakota oil output set to rise as controversial pipeline opens

Published 30/03/2017

North Dakota oil production will get a shot in the arm next month as a pipeline comes online despite opposition by environmental groups and Native Americans, allowing the energy industry to save at least $540 million in annual shipping costs.

[more…]

Samsung Electronics says halted Galaxy Note 7 production

Samsung Electronics says halted Galaxy Note 7 production

Published 11/10/2016

Samsung Electronics Co Ltd (005930.KS) said on Tuesday it has halted the production of its Galaxy Note 7 smartphones due to consumer safety concerns.

[more…]

Saudi Aramco says its oil output trending slightly upwards

Saudi Aramco says its oil output trending slightly upwards

Published 10/05/2016

DHAHRAN, Saudi Arabia Saudi Aramco's oil production is trending slightly upwards in 2016 because of growth in demand, chief executive Amin Nasser said on Tuesday.

[more…]

Toyota to stop Japan production for one week due to steel shortage

Toyota to stop Japan production for one week due to steel shortage

Published 01/02/2016

TOKYO Toyota Motor Corp (7203.T) said on Monday it would halt production at all car assembly plants in Japan from Feb. 8 to Feb. 13 [more…]