Source link Among the reasons for the move is “Ukraine’s high burn rate for artillery,” according to Lloyd Austin Spending on the production of artillery shells by the Pentagon has almost doubled in recent years and will be increased even further, US Secretary of Defense Lloyd Austin has said. “Ukraine’s high burn rate for artillery […]
Source link The country’s competitiveness as an industrial location has been undermined, Michelin said French tire giant Michelin will slash over 1,500 jobs in Germany by 2025, as competition from lower-wage nations and soaring energy prices make production in Western Europe unprofitable. Michelin will fully shut down plants in Karlsruhe and Trier and discontinue some […]
Source link Angola and Nigeria are reportedly demanding that the organization lets them produce more oil Two African members of the OPEC+ group of oil-producing countries, Angola and Nigeria, have defied the organization’s plans to cut output and demanded that their production quotas be raised, Reuters reported on Thursday. An ensuing dispute forced OPEC+ member […]
Source link The Aurus Senat will be the first Russian vehicle to be assembled in the Arab country and will later be joined by the Aurus Komendant SUV Russia has started to assemble the domestic luxury car brand Aurus in the United Arab Emirates, Deputy Prime Minister Denis Manturov announced on Sunday. Production started with […]