Manufacturing plays a much smaller role. But in manufacturing, technological improvements can translate more directly into higher output per worker. This is what happens when industrial robots ...
US industrial production rose modestly in February, lifted by a second month of gains in manufacturing and mining output. The 0.2% increase in production at factories, mines and utilities followed a a ...
Aluminum prices rose on Monday after one of the world’s largest smelters shut nearly a fifth of its capacity, heightening the risk of shortages as the Middle East war disrupts regional supplies. The ...
Russia’s crude output declined for a third consecutive month in February, underlining the impact of US sanctions and as Ukrainian drone strikes curb domestic oil-processing. Russian producers pumped ...
Saudi Aramco said it could restore production within days of the Strait of Hormuz reopening, while warning that prolonged disruption of the waterway poses severe consequences for oil markets and the ...
The U.S.-Israeli war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages from Qatar to Iraq, with Kuwait announcing cuts over the weekend. Analysts ...
U.S. defense companies agreed to ramp up production at a White House meeting as President Donald Trump calls for an unconditional surrender by Iran. In a post on Truth Social, Trump said companies ...
OPEC+ is preparing to consider a significantly larger oil output increase at its meeting on Sunday, as escalating military conflict involving Iran threatens energy flows across the Middle East.
China is preparing a fivefold increase in domestic advanced logic chip output within one to two years to support its expanding AI computing infrastructure, according to people familiar with the matter ...
Washington – U.S. factory production increased by the most in 11 months in January, offering hope for a manufacturing sector that has been squeezed by import tariffs and high interest rates.
Ottawa — Canada, seeking to cut its reliance on the U.S. arms industry, wants to dramatically increase the amount of weapons it buys from domestic firms, according to a defense strategy document ...
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