LONDON - Manufacturing output steadied in October from the previous month, but fell sharply on an annual basis, official data showed on Tuesday. Output was unchanged in October from September, but fell by 7.8 percent compared with October 2008, the
BERLIN - Output in Germany's powerful industrial sector shrank in October after two months of solid gains, the government said Tuesday, dampening hopes of an industry-led recovery in the economy, Europe's largest. Output shrank by 1.8 percent compa
Arab oil ministers of OPEC said on Friday that the cartel should keep production unchanged when it meets later this month as crude prices are close to the target of 80 dollars a barrel. Why should we raise output? the oil minister of OPEC kingpin
Saudi Oil Minister Ali al-Naimi said on Friday that OPEC should not raise its production quota at a meeting later this month as the current oil price is close to the target. Why should we raise output? Naimi told reporters in Cairo. We still ha
LONDON - Car production dropped by the smallest monthly amount so far this year during October thanks to the government's old-for-new scheme, industry data showed on Friday. A total of 106,400 cars were manufactured last month, a 6.7-percent drop o
French industrial production fell back unexpectedly in September, highlighting the tentative nature of the manufacturing-led recovery, according to official figures released on Tuesday.Data from INSEE, the national statistical office, showed industr
MOBILE, Alabama (Reuters) - A weakened Tropical Storm Ida drenched the U.S. Gulf Coast and oil installations on Monday, shutting down nearly 30 percent of Gulf energy production. Ida was expected to strike the coast near Mobile, Alabama, early on Tu
BERLIN - German industry got into surprisingly high gear in September with output jumping by 2.7 percent boosted by production of equipment for investment, official data showed on Monday. This was nearly three times the increase expected by analyst
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