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In January, industrial production in France grew by 1.3% compared to December, when zero growth was observed, official data showed. Experts predicted a less significant increase - only by 0.1%. In the manufacturing industry, the figure increased by 1%, accelerating by 0.4% compared with the December increase. Manufacture of computers, electronic and optical products increased by 8.3%. The production of machinery and equipment showed an increase of 5.1%. Electrical equipment output increased by 2.6%. Mining, energy, and water supply increased production by 3.1%, after falling 2.2% in December.
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
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. ...
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 ...
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