BEIJING—China’s COVID-19 curbs are disrupting the supply of fertilizer to the country’s northeastern bread basket just a month away from spring planting, threatening this year’s corn and soybean crops if not resolved soon. Farmers typically have fertilizer prepared in early April before applying to fields later in the month during planting. But China’s worst outbreak…
China’s Farmers Face Fertilizer Crunch as COVID-19 Measures Hamper Deliveries
April 1, 2022
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American Airlines Plans More Schedule Cuts as It Waits for 787 Jet Deliveries
CHICAGO—American Airlines Group Inc. said on Friday it plans to further trim its summer schedule due to Boeing Co.’s delay in delivering 787 Dreamliner jets. In a regulatory filing, the Texas-based carrier said it now expects to receive only 10 Dreamliner planes this year, not the 13 expected earlier. The remaining jets are now scheduled…
Volkswagen’s Skoda Auto Reports 12.6 Percent Drop in 2021 Global Deliveries to 878,200 Cars
PRAGUE—Volkswagen’s Skoda Auto said on Tuesday its global deliveries dropped 12.6 percent year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic. Among its regional markets, the Czech carmaker recorded the steepest fall in China, with deliveries down 58.8 percent to 71,200 cars.
Honeywell Raises Outlook for Business Jet Deliveries as Demand Rebounds
Honeywell International Inc. on Sunday raised its outlook for business jet deliveries, as the aviation sector shakes off the effects of the COVID-19 pandemic and travel picks up with easing restrictions. The U.S. industrial conglomerate forecast up to 7,400 new business jet deliveries worth $238 billion from 2022 to 2031, up 1 percent from the…
Futures Pressured by Uptick in Yields; Tesla up on Record Deliveries
October 4, 2021
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U.S. stock indexes were set to open lower on Monday as most big technology stocks were pressured by an uptick in Treasury yields, while Tesla shares rose after reporting a record number of electric vehicle deliveries. U.S. Treasury yields have been supported by recent data showing increased consumer spending, accelerated factory activity, and elevated inflation…
Lucid to Start Deliveries of Electric Cars With Range Exceeding Tesla’s in October
September 29, 2021
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CASA GRANDE, Ariz.—U.S. startup Lucid Group Inc., said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated. The California-based Lucid began production of its long-delayed Lucid Air cars at its Arizona factory…
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