Category: output
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Bank of Canada Sees Trade War Permanently Cutting Output by 2.5%
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(Bloomberg) – The supply lines are a daily news message that tracks world trade. Subscribe here. Most of them read from Bloomberg While Bank of Canada’s governor Tif McLim insists on an end to the monetary policy response to the tariff warfare, he has a clear vision of the damage…
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US manufacturing output accelerates in December
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WASHINGTON (Reuters) – U.S. manufacturing output rose in December, likely with output at Boeing Co rising after a strike by factory workers at the aerospace giant ended. The Federal Reserve (US central bank) said on Friday that factory production increased 0.6% last month after an upwardly revised 0.4% rebound in…
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New On-Chain Metric For Bitcoin Signals Equilibrium – Understanding The Input Output Ratio
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As the new year begins with optimism in the cryptocurrency market, Bitcoin is once again taking the lead with a bullish outlook. The world’s largest cryptocurrency has started 2025 on a strong note, setting the tone for what investors expect to be a pivotal year for the asset. With price…
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Brazilian Miner Boosts Rare Earths Output in Challenge to China’s Grip
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Breadcrumb links BMN Business Brazilian mining group Serra Verde is ramping up production of rare earth minerals at a time of increasing trade friction between the United States and China, the world’s dominant supplier of minerals vital to technology. Article writer: Bloomberg News Mariana Durao Published on January 02, 2025…
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Toyota’s global output declines for ninth straight month in October
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TOKYO (Reuters) – Toyota Motor Corp’s global production fell for the ninth straight month in October, dragged down by large production declines in the United States and China, but the decline was slight compared to previous months. The world’s largest automaker also recorded its first rise in five months in…
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Tesco and Shell to power stores and EV stations with output from UK’s largest solar farm, originally meant for homes
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Tesco and Shell have struck a deal to buy the entire output from Cliff Hill Solar Farm, the UK’s largest solar project, which was initially planned to power 100,000 homes. The agreement stipulates that 65% of the farm’s electricity will go to Tesco’s supermarkets, while Shell will manage the remaining…
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Freeport cranks up copper output as rivals scour for deals to grow By Reuters
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Written by Ernest Scheider (Reuters) – Freeport-McMoRan (NYSE:) is ramping up production across three continents with no plans to join the takeover frenzy sweeping the mining industry, a strategy analysts say puts the company in a good position to benefit from growing clean energy demand. On red metal. Widely used…
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Freeport cranks up copper output as rivals scour for deals to grow By Reuters
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Written by Ernest Scheider (Reuters) – Freeport-McMoRan (NYSE:) is ramping up production across three continents with no plans to join the takeover frenzy sweeping the mining industry, a strategy analysts say puts the company in a good position to benefit from growing clean energy demand. On red metal. Widely used…
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Bank of England faces pressure to cut rates as job vacancies and factory output decline
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The Bank of England is facing increasing pressure to cut interest rates this week as signs of a slowing economy emerge in job vacancies and industrial production. According to the Recruitment and Employment Confederation, job vacancies fell by 3.2% in August, with nearly 720,000 new advertisements, reflecting a slowing labour…
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Over 40% of U.S. Gulf of Mexico oil output shut-in by Francine but little damage seen
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SlavkoSereda/iStock via Getty Images Crude oil prices rose for a second straight session on Thursday as Hurricane Francine forced several offshore wells to shut in production, but gains were capped by lingering concerns about the outlook for crude demand. More than 730 thousand barrels per day, or 42% of Crude…
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U.S. refiners cutting Q3 output across the board on weaker margins, plant overhauls
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SlavkoSereda/iStock via Getty Images Crude oil futures rose for a fourth straight session on Friday and posted their first weekly gain in five weeks, supported by tightening inventories, especially in the United States, and a fundamental risk premium around tensions in the Middle East. Analysts said A drop in initial…
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Boeing’s new CEO will confront key issues with plane output, cash flow: Morgan Stanley
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DM Foss BoeingNew York Stock Exchange: BAThe incoming CEO, Kelly Ortberg, will start his duties on August 8 amid a variety of challenges that the aerospace and defense giant is working to overcome. While Ortberg’s appointment as CEO removes some uncertainty for investors, important questions remain About BoeingBachelor’s) in the…
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Boeing expects 787 suppliers to catch up by year’s end, restoring output By Reuters
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Written by Alison Lambert (Reuters) – Boeing Co expects delayed suppliers to make up for parts that have slowed production of its 787 jetliner to less than five a month, as the U.S. planemaker works to restore production of two key commercial programs by the end of the year. Boeing…
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Commodity Roundup: Oil ticks lower as China’s factory output disappoints, gold down
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Energy markets fell on Monday at the start of a holiday-shortened week, following the biggest weekly gain for crude oil in nearly two months, as traders assessed the demand situation and factory production data in China, while the escalating crisis in the Red Sea was on the verge of collapse.…
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6% of global nickel output at risk as turmoil hits New Caledonia
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There is definitely some drama in the base metals market right now. Copper has reached record levels due to supply shortages, and now nickel prices are rising, partly due to violent protests in New Caledonia. France’s Pacific region has seen a wave of riots after a proposed amendment to the…
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Oil adds to week’s sharp loss as rollover of OPEC output cuts may meet resistance
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Slavko Sereda/iStock via Getty Images Oil prices recorded their biggest weekly loss in three months, as the market, already concerned about weak demand, dealt with growing speculation that an OPEC meeting in June could expose cracks in the alliance, with the United Arab Emirates saying it would… Increasing production capacity.…