Business
Global automakers scramble for chips as Nexperia supply crunch threatens production
Nissan and Mercedes are among the carmakers trying to come to grips an uncertain supply situation [TOKYO/BERLIN] Global automakers are…
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Production
News
Boeing wins FAA approval to hike 737 MAX production to 42 planes per month
Supply chain problems seem to be more sporadic and unpredictable than before the Covid-19 pandemic [WASHINGTON/SEATTLE] Boeing won…
Business
Asahi restarts beer production after cyber-attack
Asahi has partially restarted production at all six of its breweries in Japan after it was forced to close them due to a cyber-attack.…
Business
Taiwan will not agree to 50-50 chip production deal with US, negotiator says
Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island’s…
Business
Jaguar Land Rover gets UK guarantee for £1.5 billion loan after cyberattack halts production
Jaguar Land Rover (JLR) will get backing from the UK government for a £1.5 billion (S$2.6 billion) loan aimed at easing the strain on…
Business
Copper holds gain as production halt at Indonesia mine persists
The latest report signals there may be a prolonged suspension at the mine that could quickly tighten the market Copper held gains from the…
Business
Apple explores test production of foldable iPhones in Taiwan: Nikkei
The company believes that releasing a long-awaited foldable model could be key to reaching the goal Apple has held discussions with…
News
French wine production hit by summer heat waves and wildfires
Output is projected to be 37.4 million hectolitres, down from an August estimate of as much as 42.5 million hectolitres France expects…
Business
China can’t be counted on to absorb global crude surplus as Opec+ bumps up production: market watchers
Crude could trade at below US$60 a barrel by end-2025 as the world’s largest oil importer slows down stockpiling The crude oil market is…
Business
Chinese battery maker CATL expects Hungarian production to start by early 2026
The battery maker has been extending its lead in the EV battery market, with a 38% share globally in 2024, up from 36% a year earlier…
Unsorted
China’s WM Motor to restart production after government-backed revival plan
Chinese EV makers have faced years-long price wars as they battle intense competition in an overcrowded sector Chinese electric vehicle…
Business
OpenAI set to start mass production of its own AI chips with Broadcom, FT reports
AI is set to produce its own artificial intelligence chip for the first time next year, as the ChatGPT maker attempts to address…
Business
Thailand car production drops in July, local sales up
Car production in Thailand fell for the first time in three months in July as tariff uncertainty hurt export demand, while sales extended…
Business
Thailand adjusts EV policy to ease production requirements, target exports
Thailand adjusted an electric vehicle incentive policy on Wednesday (Jul 30) to give carmakers more flexibility to meet production…
Business
Nissan to halt production at Japanese plant at Oppama
Struggling auto giant Nissan said on Tuesday (Jul 15) it will stop production at its plant at Oppama in Japan at the end of its 2027…
Business
Malaysia’s oil giant Petronas looks abroad to help cut production costs
Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad…
Unsorted
GM dodges tariffs with production shift to US from Mexico
RAL Motors plans to invest US$4 billion in its US plants over the next two years to boost output of some of its top-selling gas-powered…
Business
Iron ore markets head for shake-up as Singapore-linked Simandou nears production
Global iron ore trade is facing a pivotal shift as Simandou, a massive iron ore mine in Guinea being developed by a Singapore…
Business
OPEC+ Maintains Oil Production Increase as Prices Soften and Market Awaits Demand Recovery
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply.…
Business
MacDermid Alpha Electronics Solutions expands Singapore production facility
Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production…
Business
GM to invest US$888 million for engine production at New York facility
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,…
Unsorted
Cuprina Holdings obtains dealer license for IVF media production facility
Cuprina Holdings (CUPR), on April 6, completed construction of, and obtained ISO 13485 certification and a dealer license for, an…
Business
Exxon beats Wall Street profit estimate, boosted by Guyana and Permian production
ExxonMobil on Friday (May 2) beat Wall Street’s estimate for first-quarter profit as higher oil and gas production from Guyana and the…
Business
Tesla hiring over 1,000 workers to ramp up Semi truck production: report
Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass production of its…