World wine output to fall to lowest in 60 years | Business

[ad_1] World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major European…

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…

Italy wants to bring in more carmakers to boost domestic output – Republic World

[ad_1] Updated December 20th, 2023 at 21:33 IST This wage hike, if calculated in terms of Indian currency, comes up to an extra Rs 7,000 per trip | Image:Uber Listen…

China Nov aluminium output climbs with new capacity

[ad_1] BEIJING: China’s primary aluminium output in November climbed 4.8% from a year earlier, data showed on Friday, with… BEIJING: China’s primary aluminium output in November climbed 4.8% from a…

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…

El Nino poses risk to 2024 palm oil output in Indonesia, Malaysia

[ad_1] The warm ocean water weather phenomenon El Nino is likely to affect major palm oil growing regions in the world impacting the yield of the commodity sometime in the…

U.S. Crude Oil Inventories Fall by 4.6 Million Barrels in Week

[ad_1] U.S. crude oil inventories fell more than expected last week as U.S. refiners continued to raise their capacity use following the fall maintenance season, according to data released Wednesday…

Wheat slips after Canada, Australia raise output forecasts

[ad_1] CANBERRA: Chicago wheat futures retreated on Tuesday after major exporters Canada and Australia upgraded their production forecasts, boosting the outlook for global supply. Statistics Canada raised its estimate for…