Morgan Stanley reiterated its Equalweight rating and $675 price target on Lockheed Martin (LMT) following the company’s announcement of a new framework agreement with the War Department to quadruple production of the precision strike missile. LMT shares were trading at $621.73 at the time of the note, up 27% over the past six months. The…
International paper company DS Smith will invest up to 100 million Danish crowns ($15.5 million) to modernize its packaging operations in Grenaa, Denmark. The measure seeks to increase the production capacity and efficiency of the site, with the aim of improving service for customers in northern Europe. The company plans to install a new rotary…
Global manganese production remains highly concentrated in Africa, with South Africa, Gabon and Ghana together accounting for a substantial portion of total production. This concentration reinforces Africa’s strategic role in the global manganese supply chain and highlights the sector’s structural dependence on a limited number of producing regions. In 2025, global manganese production is estimated…
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Nov 30 (Reuters) – OPEC+ countries agreed to maintain group-wide oil production quotas for 2026 at a meeting on Sunday, and also agreed on “a mechanism to assess members’ maximum oil production capacity,” OPEC said in a statement. Eight OPEC+ countries, which will hold a separate…
The OPEC+ group continues to return modest volumes of supply to the market, cautious not to tank oil prices as demand weakens after the summer. Production increases are estimated to be smaller than headline figures suggest: some producers lack the capacity to increase production further, while others are compensating for previous overproduction. While lower-than-expected production…
