Troubled Infant Formula Plant Resumes Production

Troubled Infant Formula Plant Resumes Production

MONDAY, July 11, 2022 (HealthDay News) – Abbott Inc. has announced that it has resumed production at its infant formula plant, following a February shutdown over contamination concerns that triggered a months-long shortage of infant formula. The Sturgis, Mich., factory had restarted production earlier this summer, but had to close once again in … Read more

Oil extends losses on reserves release, Yemen truce

Oil extends losses on reserves release, Yemen truce

SINGAPORE: Oil prices extended losses on Monday as investors eyed the release of supplies from strategic reserves from consuming nations, while a truce in Yemen could ease supply disruption concerns in the Middle East. Brent crude futures fell 79 cents, or 0.8%, to $103.60 a barrel by 0037 GMT while U.S. West Texas Intermediate crude … Read more

Meat Production Is Polluting the Air You Breathe

Meat Production Is Polluting the Air You Breathe

By Amy Norton HealthDay Reporter TUESDAY, May 11, 2021 (HealthDay News) — Steaks and burgers could be killing thousands of Americans each year, but in a way most people wouldn’t expect — via air pollution. That’s the conclusion of a new study estimating that airborne particles generated by food production kill nearly 16,000 Americans each … Read more

Hero Moto to temporarily suspend operations

Hero Moto to temporarily suspend operations

New Delhi: In the wake of a surge in Covid cases, two-wheeler maker on Tuesday said it will “halt operations temporarily” at all its manufacturing facilities. Hero Moto said it will utilise the shutdown days to carry out maintenance work at plants. “The shutdown will not impact the company’s ability to meet the demand, which … Read more

Centre plans to provide incentive for early commencement of production from auctioned mines

Centre plans to provide incentive for early commencement of production from auctioned mines

NEW DELHI: The government plans to provide incentive to mineral block allocatees for early commencement of production from the auctioned mines, a move aimed at increasing mineral output of the country and reducing imports. The mines ministry plans to do the same through amendment of the mining rules and has sought comments and suggestions from … Read more

Operating at over 100% capacity yet have pending orders: Hemant Sikka, CEO, Farm Equipment Sector, M&M

Operating at over 100% capacity yet have pending orders: Hemant Sikka, CEO, Farm Equipment Sector, M&M

Mahindra & Mahindra, the country’s largest tractor maker, is witnessing strong demand for tractors in the middle of the festive season. Operating at over 100% capacity and yet having pending orders, the company has decided to divert production meant for exports to meet the local demand, M&M’s Farm Equipment Sector (FES) chief executive, Hemant Sikka, … Read more

WSJ News Exclusive | Libya Restarts Oil Production at Biggest Field

WSJ News Exclusive | Libya Restarts Oil Production at Biggest Field

Output at Libya’s Sharara oil field, seen here in 2014, has been shut almost continuously since early January. Photo: ismail zetouni/Reuters Oct. 11, 2020 10:50 am ET Production at Libya’s largest oil field restarted Sunday afternoon, Libyan officials said, a move that could quickly increase the country’s overall output after an extended shutdown and add … Read more

Oil Industry Is Fading Away in Land of the World’s Richest Reserves

Oil Industry Is Fading Away in Land of the World’s Richest Reserves

Venezuela’s oil industry—rich in reserves, a crucial Allied resource in World War II, a founding member of OPEC—is grinding toward a halt. Venezuela has greater oil stores than any other country. But after years of corruption, mismanagement and more recently U.S. sanctions, its oil output has dropped to a tenth of what it was two … Read more

Harley-Davidson to cut hundreds of jobs as part of turnaround strategy

Harley-Davidson to cut hundreds of jobs as part of turnaround strategy

CHICAGO: Harley-Davidson Inc on Thursday said it will lay off 500 employees this year as part of new Chief Executive Jochen Zeitz’s efforts to revive the struggling motorcycle maker. As part of the overhaul, Chief Financial Officer John Olin will leave the company effective immediately. Darrell Thomas, treasurer, will become interim chief financial officer, it … Read more