Tag: Production

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European regulator approves ramp-up of production for ingredients used in J&J vaccine in Europe

The European Medicines Agency said Friday it has approved a ramp-up of production at a facility operated by Janssen Biologics…

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Molson Coors to quadruple hard seltzer production in Canada

Molson Coors Beverage Co. TAP, +0.16% said Wednesday that it will increase hard seltzer production in its Canadian facilities by…

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OPEC+ officially announces a deal to gradually raise oil production starting in May

The Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, announced Thursday that they’ve reached an…

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Dodge, Jeep maker Stellantis to halt some auto production on chip shortage: report

Auto maker Stellantis NV STLA, +1.69%, formed by the merger between PSA Group and Fiat Chrysler Automobiles, will temporally close…

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Soybean futures on track to settle at highest since March 2018 as USDA cuts production forecast

Soybean prices climbed Friday, poised for the highest settlement since March 2018, after the U.S. Department of Agriculture lowered its…

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Sony shares fall after report of cut to PlayStation 5 production estimates

Shares of Sony Corp. 6758, -2.41% fell in Tokyo trading early Tuesday, after Bloomberg News reported the company has cut…

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German industrial production dropped a record 17.9% in April

Germany’s industrial production fell a seasonally adjusted 17.9% in April, which is the largest monthly drop on record, the Federal…

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Posted in FINANCE Stock Market

Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about…