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Industries: Page 246

European Gasoline Shipments to U.S. Ease Just as Stockpiles Shrink
European gasoline and blending component cargoes to the U.S. are poised to drop to a three-month low in June, with volumes likely to be about 350,000 barrels a day.
Munich, Germany. March 2023. Photo: Miguel Villagran/Getty Images
General Mills’ Sales Took a Hit in the Most Recent Quarter
Despite the volume drop-off, the company behind Cheerios and Bisquick pancake mix increased its revenues through core business operations by 3% during the most recent quarter.
Minneapolis, Minnesota. August 2021. Photo: iStock.com/Wolterk
Chinese Chipmaker Asks Suppliers to Buy Back Banned Gear
“Machine suppliers should buy back the equipment and components we have purchased legally if we can’t use them,” said Yangtze Memory chairman and acting CEO Chen Nanxiang.
Photo: Bloomberg
France’s Imerys and British Lithium Team Up on U.K. Mine
The U.K.’s Critical Minerals Association said U.K. miners “rarely receive interest or funding from private finance, and government funds don’t provide enough financing to truly aid projects.”
Australia. August 2018. Photo: Bloomberg
Master Lock Closing Milwaukee Plant After 100 Years of Operations
Employees claim that more than 400 jobs will be sent abroad to Mexico and China where the company currently houses manufacturing facilities.
Photo: iStock.com/aquatarkus
U.K. Considers Nationalization of Thames Water as Crisis Escalates
Thames’ bonds tumbled on June 28, just one day after CEO Sarah Bentley suddenly stepped down from her position amid concerns over the firm's financial stability.
A Thames Water employee works at the site of a leak in London. Photo: Simon Dawson/Bloomberg
U.S. Merchandise-Trade Deficit Shrinks on Decline in Imports
The shortfall in goods trade narrowed by 6.1% to $91.1 billion, according to Commerce Department data released on June 28.
Long Beach, California. June 2023. Photo: Eric Thayer/Bloomberg
Watch: The Changing Technology Landscape in Supply Chain
Artificial intelligence enhances alignment of supply and demand, says Matt Hoffman, vice president of product industry solutions at John Galt Solutions.
Matt Hoffman
How Additive Manufacturing Can Modernize and Reshore Production
A powerful tool for ensuring agility by global producers is additive manufacturing, also known as 3D printing.
Photo: Bloomberg.
Sen. Tillis Co-Introduces Legislation to Limit the Department of Energy's Power
Under the proposed law, all U.S. distribution transformers would be required to shift from industry-standard grain-oriented electrical steel cores to amorphous steel cores.
Photo: iStock.com/WangAnQi
Boeing’s Main 737 Supplier, Union Forge Agreement to End Strike
The latest terms of the contract sweeten management’s previous offer of health insurance and increased wages while also limiting mandatory overtime.
Paris Air Show, Paris, France. June 20, 2023. Photo: Bloomberg
Hydrogen Production Project Awarded €20M Grant by European Commission
The HOPE project aims to develop, build and operate the first 10 MW hydrogen production unit off the coast of Belgium by 2026.
Photo: iStock.com/Khaosai Wongnatthakan
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