production

Nike shares fall 10% as executives predict cheaper clothing for at least the rest of the year

Nike shares fall 10% as executives predict cheaper clothing for at least the rest of the year

Nike Inc shares tumbled 10% after hours on Thursday after executives at the sports gear giant said a price cut effort to clear off-season clothing from North American warehouses would dent its gross margins for the rest of the fiscal year, as well as warnings of a stronger dollar could be a huge blow. Management …

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Fire breaks out at Tesla Gigafactory in Berlin; locals call for production stop

Fire breaks out at Tesla Gigafactory in Berlin; locals call for production stop

A fire broke out at Tesla Gigafactory Berlin’s recycling plant in the early hours of the morning, and local groups that have now been fighting the project are using the fire to call for a halt to production. In the early hours of the morning, Tesla’s own fire brigade at Berlin’s Gigafactory called the local …

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Airbus slams skeptical supplier Raytheon over jet production

Airbus slams skeptical supplier Raytheon over jet production

Sign up now for free and unlimited access to Reuters.com register PARIS, Sept 23 (Reuters) – Europe’s Airbus (AIR.PA) clashed with U.S. giant Raytheon Technologies (RTX.N) on Friday over plans for a record leap in jetliner production, after the industry’s biggest contractor questioned Can the battered supply chain catch up. The world’s largest planemaker said …

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Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Shares of Ford Motor Co fell more than 4 percent in an extended session on Monday after the automaker said inflation and parts shortages would lead to more vehicles than expected in its backlog, reminding Wall Street that the automaker’s supply chain hurdles are far from over. Ford F, +1.43% The company said it expects …

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished Read More »

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Shares of Ford Motor Co fell more than 4 percent in an extended session on Monday after the automaker said inflation and parts shortages would lead to more vehicles than expected in its backlog, reminding Wall Street that the automaker’s supply chain hurdles are far from over. Ford F, +1.43% The company said it expects …

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished Read More »

China's retail sales, industrial production beat expectations in August

China’s retail sales, industrial production beat expectations in August

In August, unusually hot temperatures in parts of China led to temporary power cuts in some areas. This photo taken on August 24, 2022 shows the skyline of the central city of Chongqing, with lights partially turned off to save energy during a heat wave. Video | Visual China Group | Getty Images BEIJING — …

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GM joint venture begins battery production at new Ohio plant

GM announces $491 million investment in Indiana plant as part of electric vehicle production efforts

GM President Mark Reuss discusses the decision to push the company’s electric vehicle production schedule. General Motors (GM) on Thursday announced a nearly $500 million investment in its Marion Metals Center to help prepare its Indiana metal stamping plant to make parts for electric vehicles and other future products. stock code Safety Last Change Change% …

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GM joint venture begins battery production at new Ohio plant

GM announces $491 million investment in Indiana plant as part of electric vehicle production efforts

GM President Mark Reuss discusses the decision to push the company’s electric vehicle production schedule. General Motors (GM) on Thursday announced a nearly $500 million investment in its Marion Metals Center to help prepare its Indiana metal stamping plant to make parts for electric vehicles and other future products. stock code Safety Last Change Change% …

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Breakthrough discovery of carbon capture conversion in ethylene production

Breakthrough discovery of carbon capture conversion in ethylene production

Abstract illustration of atoms passing through water and charged membrane in sunlight.Credit: Minesh Singh A team of researchers led by Meenesh Singh at the University of Illinois at Chicago has discovered a way to convert 100 percent of the carbon dioxide captured in industrial waste gas into ethylene, a key component of plastic products. Their …

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