Boeing has officially broken ground on a major expansion of its South Carolina facility. The $1 billion investment aims to increase 787 Dreamliner production to 10 airplanes per month by 2026. This move responds to strong market demand and a backlog of nearly 1,000 orders.
China has approved the massive Codelco-SQM lithium partnership but imposed strict supply conditions. The deal represents Chile’s push for greater state control over its lithium resources. Final approval expected by year-end.
China has suspended export controls on critical minerals and rare earth materials to the United States for one year. The move follows recent trade talks between Presidents Trump and Xi and reverses restrictions first imposed in October 2024.
Hyundai Motor Group just opened a massive €150 million technical center in Germany. The Square Campus represents their biggest European R&D investment since 2003 and will develop future Hyundai, Kia, and Genesis models specifically for European markets.
In a sobering first for the UK, the Bank of England has directly linked a cyberattack on Jaguar Land Rover to slower national economic growth. The attack shut down JLR’s production for a month and required government financial intervention. This marks the first time cybercrime has caused material da
Independent power producer Clearway Energy is positioning itself as a major electricity supplier for America’s data center boom. The company announced a 27 GW construction pipeline and revealed it’s already secured 1.8 GW in power purchase agreements specifically for data center loads this year. Thi
Chipmaker TSMC has reportedly begun notifying Apple about significant price increases for advanced processors. The hikes could affect everything from A16 to M5 chips, with 2nm technology bringing even steeper costs. This move could dramatically impact Apple’s profit margins and iPhone pricing strate
Boeing will avoid criminal charges related to two fatal 737 Max crashes after a federal judge approved a $1.1 billion settlement. The deal requires the manufacturer to pay fines and compensate victims’ families while ending a long-running legal battle.
Equinor and partners have completed Phase 2 of the Åsgard Subsea Compression project, building on a decade of successful operation. The technology increases pipeline pressure to maintain production from aging fields, demonstrating how innovation extends offshore field life.
The legal battle between window manufacturer Andersen and automation provider ATS just got more complicated. ATS has filed a countersuit claiming Andersen’s subsidiary caused the 860-day delay by demanding deviations from standard practices. Both companies are now seeking damages.
