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Taipei, June 11 (CNA) The production value of the local manufacturing sector is expected to rise by more than 6 percent from a year earlier and hit a record high in 2022 as Taiwanese tech exporters will continue to benefit from strong…

COVID and the shortage of microchips, the war in Ukraine, and sputtering supply chains have held back Hungary’s automotive industry, the main engine of the national economy, in turn weighing on the industrial output of the country. The…

All eyes are on whether Saudi Arabia will raise crude production if Russia's output significantly falls following European Union oil sanctions.Andrey Rudakov | Bloomberg | Getty ImagesOil prices dropped following a report that Saudi…

With the introduction of excise duty of N10/litre on all non-alcoholic, carbonated and sweetened beverages by the Federal Government, the Manufacturers Association of Nigeria (MAN) has stated that the new…

The company's first mainstream all-electric vehicle is expected to reach more than 200,000 units per year for North America and Europe by 2023, Farley said, tripling its current rate. In July, the Mach-E won Car and Driver's first EV of…