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South Korea

Yokogawa Deploys Multiple Autonomous Control AI Agents at Aramco Facility

Yokogawa Electric Corporation, headquartered in Tokyo, Japan, has reached a major milestone in industrial artificial intelligence deployment through its collabo…

Malaysia

Lynas to Build New HRE Separation Facility in Malaysia

Lynas Rare Earths is set to establish a new heavy rare earth (HRE) separation facility in Malaysia to meet rising global demand for a reliable supply of HRE oxi…

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…

Electric Vehicles

Lucid to Launch Self-Driving Mid-Size EV With Nvidia Chips

Lucid Group announced on Tuesday that it plans to launch a mid-size Level 4 self-driving electric vehicle equipped with Nvidia’s computer systems, represe…

United States

New York Bridge Project Is $93M Under Budget and 51 Months Early

New York’s Metropolitan Transportation Authority (MTA) announced that the first phase of the Park Avenue Viaduct Replacement Project is $93 million under …

France

Airbus Delays Some A220 Output, Narrowing Window to Reach 2026 Target

Airbus (AIR.PA) has postponed the assembly of some A220 jets this year and next, and may only achieve its 2026 production target of 14 A220s per month in the fi…

Carbon Emissions

Mazda Forms EU Carbon Emissions Pool With Changan Joint Venture

Japanese automaker Mazda (7261.T) has partnered with its equal-share joint venture involving China's Changan (000625.SZ) to combine carbon credits. This arr…

Oil Refinery

Mexico’s Pemex Pumps Less, Refines More in Third Quarter

Mexican state energy company Pemex reported reduced crude oil extraction but increased refining activity in the third quarter, according to its Monday announcem…

United States

Meta Appoints Insider Vishal Shah to Key AI Role

Meta Platforms (META.O) has named Vishal Shah, an internal executive, to lead product management for its artificial intelligence offerings, the company announce…

Metal

Ivanhoe Atlantic’s Guinea Iron Ore Project Moves Closer to Construction

Ivanhoe Atlantic has completed the environmental and social impact assessments (ESIA) for its Kon Kweni iron ore project in Guinea and submitted permit applicat…

Sweden

Alstom Secures Maintenance Contract for 62 Mälartåg Trains in Sweden

Alstom has secured a new contract from rail operator VR to provide maintenance services for the full fleet of 62 Mälartåg commuter trains in Sweden. …