Displaying 10 out of 13 results

  1. FILE PHOTO: The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais

    Airbus fine-tunes job cuts as CEO confirms 40per cent output drop

    Airbus was finalising an imminent restructuring plan expected to include thousands of job cuts on Monday as its chief executive confirmed plans ...
  2. FILE PHOTO: Outbreak of the coronavirus disease (Covid-19) in Broughton

    Airbus jobs on wire as underlying output falls 40per cent: sources

    Airbus is looking to hold underlying jet output at 40per cent below pre-pandemic plans for two years, an approach which adds new pressure to cut ...
  3. FILE PHOTO: A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas

    Oil rallies on Gulf tensions and output cuts

    Oil extended gains on Thursday amid signs that producers are cutting production to cope with a collapse in demand for fuel as the coronavirus ...
  4. FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas

    Explainer: How does Texas have the power to curb the state's oil output?

    Texas oil and gas regulators in coming days are poised to decide whether to order larger producers in the state to shut in 20per cent of their ...
  5. FILE PHOTO: Line workers spot weld parts of the frame on the flex line at Nissan Motor Co's au

    US manufacturing output posts largest drop since 1946

    U.S. manufacturing output dropped by the most since 1946 in March as the novel coronavirus pandemic fractured supply chains, suggesting business ...
  6. The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquart

    OPEC+ agrees largest ever oil output cut of 9.7 million bpd: sources

    OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10per cent of global supply, ...
  7. FILE PHOTO: A maze of crude oil pipes and valves at the Strategic Petroleum Reserve in Freeport, Te

    Oil prices jump as focus swivels to OPEC, Russia meeting on output cuts

    Oil climbed on Wednesday, reversing most of the prior session's losses, as investors pinned hopes on a Thursday meeting where OPEC members and ...
  8. A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas

    US shale oil output to rise to record 9.08 million barrels per day in April - EIA

    U.S. oil output growth from the Permian basin is expected to offset declines in every other shale formation in April, helping push overall ...