The Federal Reserve said Tuesday that US industrial output increased in April, owing to the ongoing expansion of auto manufacturing. According to the data, total industrial production grew 1.1 percent in April, the fourth straight monthly increase — and double what analysts expected — while motor vehicle output increased 3.9 percent. US industry, including automakers, … Read more
The world is now officially dissected into two sects, the pre pandemic and the post pandemic eras. Many things were triggered that were both alarming and informing. However, the battle for life and death was the only thing of extreme importance during this tumultuous period. Until early 2020, the general conversations in the fashion world … Read more
DHAHRAN: Aramco’s CEO is optimistic about oil demand growth next year, despite fears over the new Covid-19 variant omicron, Arab News reported. The oil demand will be over 100 million barrels/day in 2022, reaching the pre-Covid-19 levels, Amin Nasser told Arab News during a media briefing at the company’s headquarters. On the Covid-19’s new strain, he said: “The markets … Read more
