Traders said Nigeria's surplus was caused by a request for back taxes from shipping companies, which created wariness among firms looking to collect oil barrels from the country.

The Development Bank of Southern Africa has applied to the South Korea-based Green Climate Fund for $235 million, according to documentation on the fund’s website.

Manufacturing outputs during May 2023 rose 0.1% compared to the previous month but were still 0.3% lower than levels during May 2022.

The Port of Los Angeles handled 779,140 Twenty-Foot Equivalent Units during May 2023, a 60% increase when compared to February 2023.

Airbus expects global installed fleets to more than double through 2042 to 46,560 aircraft, with 23,680 planes representing growth and 17,170 going toward the replacement of older jets.

The environment in which chief supply chain officers find themselves has changed significantly in recent years, but most organizations have failed to adjust their approach to planning.

Luis Gonzalez, global supply chain director of Proximo Spirits, a subsidiary of Becle, relates the company's search for a decision-intelligence tool, and its partnership with Aera Technology.

Machine learning, a subset of artificial intelligence, is a game-changer that allows businesses to transcend outdated methods and transform the way they operate.

As of June 13, 2023, the Biden-Harris Administration has pledged almost $3 billion toward domestic battery manufacturing and recycling efforts.

Since 2013, GM has invested over $31 billion in U.S. manufacturing and parts distribution including $2 billion in the Fort Wayne Assembly plant.