Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.

For the next few decades, demographic changes will exert a major inflationary threat. But a reversal in globalization will also lead to less efficient global production,

Prior to these rejections, 52% of UAW members at GM's Flint, Michigan plant voted against the proposed contract during the week of November 7.

The project would help Exxon mitigate losses from the expected reduction in gasoline and diesel demand over the coming decades.

The U.S. Treasury recently imposed its first sanctions on companies accused of violating an oil price cap.

The company delivered more than a quarter of first-class post late, with only 74% arriving on time in the 2022-23 financial year, far below its statutory target of 93%.

In addition to Asia-based automakers such as Honda and Toyota, electric-vehicle leader Tesla is also a potential target for a UAW organizing campaign.

The European company still has 161 deliveries to go in the final two months of 2023 if it wants to meet its target.

About half of the projected financial savings from the Euro 7 standards on car emissions law could be lost due to damage caused by excess production of nitrogen dioxide.

The Deputy Prime Minister said the country will continue its voluntary cut of 300,000 barrels per day of crude oil and petroleum products until the end of December 2023.