[ad_1] Jan. 16, 2024 12:01 am ET One of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks…
Tag: Output/Production
Iran Adds to Pressure on U.S. With Nuclear Program Acceleration
[ad_1] Updated Dec. 26, 2023 6:06 pm ET Iran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as Tehran helps…
OPEC Is Losing Its Mojo on Wall Street
[ad_1] Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately. At least four times in the past 15 months, members of the…
Credit Agricole to Stop Financing New Fossil Fuel Extraction Projects
[ad_1] Credit Agricole said it aims to achieve carbon neutrality by 2050 and that it won’t finance any new fossil fuel extraction projects. The French lender said Thursday it expects…
Toshiba, Rohm to Invest $2.69 Billion to Make Power Devices in Boost to Japan Chip Industry
[ad_1] Toshiba and electric-parts company Rohm will invest $2.69 billion in a venture to produce power devices, a move aligned with Tokyo’s drive to ensure a stable supply of semiconductors…
German Industrial Production Contracted Unexpectedly in October
[ad_1] Germany’s industrial production fell unexpectedly in October, and for a fifth-straight month, a further sign of the deteriorating environment in the key manufacturing base of Europe’s largest economy. Output…
Tesla’s Cybertruck Is More Marketing Than Profit Machine
[ad_1] The Cybertruck isn’t good for Tesla’s finances, so it had better be great for the brand. On Thursday afternoon in Austin, Texas, two years later than initially planned, the…
U.S. Crude Oil Inventories Increased More Than Expected
[ad_1] Nov. 29, 2023 11:45 am ET U.S. crude oil, gasoline and distillate fuel inventories increased more than expected last week as refineries ramped up their capacity use, according to…
Wegovy-Maker Novo Nordisk to Spend More Than $2 Billion Boosting Production in France
[ad_1] Pharmaceutical giant Novo Nordisk said it will invest more than 16 billion Danish kroner ($2.34 billion) in its French production site as it seeks to meet rising demand for…