Over the first nine months of this year, aluminum production in the world has increased by 0.3% compared with the same period last year, preliminary data from the IAI, uniting the largest producers of this metal, showed. At the end of 2017, the growth of world aluminum production was 5.8%. From January to September, aluminum production in North America decreased by 5.1%, in South America – by 14.3%, in Western Europe – by 1%. The countries of Asia, except China, during this period produced 3 million 296 thousand tons of metal, increasing output by 14%. In China, meanwhile, there was a decline in production by 0.7% to 27 million 177 thousand tons.
Oil prices fell on Thursday after OPEC+ agreed to lessen output cuts from August, though the decline was dampened by a recovery in demand as U.S. crude stocks had an unprecedented drop. Brent crude slid 0.3%, or 13 cents, at $43.66 per barrel. ...
On Monday, world shares edged towards a five-month high and the U.S. dollar decreased in late trading as investors anticipated that the earnings season would see most companies beat revenue forecasts in light of the lifted coronavirus restrictions. The ...
Tesla Inc will be manufacturing mobile molecule printers in an attempt to aid Germany’s biotech firm CureVac in developing a potential COVID-19 vaccine, according to a tweet by the electric-car maker’s CEO Elon Musk on Wednesday. CureVac ...
The European aviation Airbus (AIR.PA) announced on Monday that its airplane production and deliveries would be 40% lower for the next two years compared to its planned pre-crisis strategy. The CEO's comments underscore the threat to jobs as ...
On Wednesday, the Trump administration said that it would push for a broad reset of “outdated tariff determinations” at the World Trade Organization (WTO) to arrange what it sees as years of unfair treatment of the United States. According ...