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Metal
Glencore Reports Lower Copper Production in First Nine Months
Glencore (GLEN.L) announced on Wednesday that its copper production for the first nine months of the year dropped 17% due to lower ore grades at certain mines, …
China
Airbus Cuts Production Rate Target for Its A220 Jet
Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…
Crude Oil
Exxon Mobil Names Gregory Garland to Board of Directors
Exxon Mobil Corp. (XOM.N) announced on Wednesday that it has appointed Gregory Garland, a long-time industry executive, to its board of directors, effective Nov…
United States
OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation
OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the…
Battery
Schneider Electric Unveils 200 Kwh C&I Battery Storage System
Schneider Electric, headquartered in France, has introduced its new battery energy storage system (BESS) for commercial and industrial (C&I) applications, named…
CCS
CCUS Takes Center Stage in Norway’s New National Innovation Hub
Norway has launched a new cluster, dubbed CCUS Innovation, under the Norwegian Innovation Clusters (NIC) program, a government-backed initiative managed jointly…
Portugal
Portugal’s Mota-Engil Lands €1BN Mexican Rail Deal
Mota-Engil has secured over €1 billion in new rail contracts in Mexico, strengthening its position as a leading infrastructure player in Latin America and …
United States
US Expands Quota for Argentine Beef to 80,000 Tons per Year
Argentina and the United States have reached a new bilateral agreement allowing Argentina to export up to 80,000 tons of beef annually, up from the previous quo…
Saudi Arabia
CMA CGM Plots Expansion in Saudi Arabia With $450M Jeddah Terminal JV
French shipping and logistics group CMA CGM has advanced its Middle East expansion by signing a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (R…
United States
Baker Hughes to Supply Key Technology for World’s Largest Low-Carbon Ammonia Plant
Baker Hughes, Inc. (Houston) announced on Wednesday that it has received an order from Technip Energies (Paris) to supply a steam turbine generator and key cent…
United States
Nvidia’s Stock Market Value Nears Record $5 Trillion
Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…
Metal
Mining Giant Grupo Mexico’s Q3 Profit up Over 50% on Strong Molybdenum, Silver, Zinc Sales
Wedoany.com Report-Oct. 29, Grupo Mexico, one of the world’s largest mining and transportation conglomerates, reported a strong rise in third-quarter earn…
Nuclear Power Plant (NPP)
US Strikes $80 Billion Deal for New Nuclear Power Plants
The U.S. government has signed a partnership with the Canadian owners of Westinghouse Electric to advance one of its largest nuclear energy initiatives in decad…
Energy Transition
Suggestions of the Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development
the 15th Five-Year Plan
India
India’s Rice Exporters Seek Deals With Emerging Markets After Strong Monsoon
India’s rice exporters are preparing to secure deals for the new season’s crop with buyers in emerging markets, including Iraq, Indonesia, and Saudi…
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