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Stellantis to halt Italy’s key Melfi plant next week

Carmaker Stellantis will again stop operations at its key Melfi plant in southern Italy next week, a union representative said on Wednesday, citing shortages of various parts, including semiconductors. Marco Lomio, local head of UILM metalworkers union, said chip shortage was the main problem. "Fortunately the plant has worked regularly all throughout May, but when chips are not shipped we simply cannot build cars," he said after a meeting between the company and local workers' representatives. Stellantis confirmed the…

Will Smith’s Bad Boys 4 Is Very Much Happening Without Any Halt, Sony Pictures’ Chairman Says “I Know Him To Be A Good…

Will Smith-Led Bad Boys 4 Halted After Infamous Oscars Slap? Sony Chairman Clears The Air Saying “There Weren’t Any Brakes To Pump” ( Photo Credit – Wikimedia ) Will Smith slapping Chris Rock at Oscars 2022 grabbed everyone’s attention. Even now, almost two months later it still makes the headlines. Not just that, the incident has also been affecting the Aladdin actor’s career with several of his projects being halted or delayed. But do these projects include Sony’s Bad Boys 4? While an earlier The…

Russia to halt gas flows to Finland on Saturday

Breadcrumb Trail Links World News Finland has chartered an LNG vessel from U.S.-based Excelerate Energy to help replace Russian supplies Author of the article: Reuters Anne Kauranen and Nora Buli Excelerate Energy's FSRU Experience leaves Ferrol, Spain. Finland said on Friday it has agreed to charter one of the U.S. company's regasification vessel to help replace Russian gas supply. Photo by Excelerate Energy L.P. Article content HELSINKI — Russia’s Gazprom has informed Finland it…

US, EU Said to Halt Subsidy Race to Encourage Chips Production, Move to Be Announced Soon

The United States and European Union will announce a joint effort to avert a "subsidy race" as they scramble to boost production of scarce semiconductor chips, a senior Biden administration official said.The move will be unveiled at the second meeting of the US-EU Trade and Technology Council (TTC), taking place on Sunday and Monday in Paris.The TTC pledged at an inauguration conference last year in Pittsburgh to deepen transatlantic cooperation to strengthen chip supply chains, curb China's non-market trade practices,…

Nigerian airlines back off after threatening to halt operations

Airline operators on Sunday announced that they have “acceded” to appeals from the government to withdraw plans to suspend operations from Monday over high cost of jet fuel and other operational costs. The information was conveyed in a letter signed by Serina Abdulmunaf, president, Airline Operators Association, and jointly signed by the chief executive officers of six domestic airline operators. “…the AON has acceded to requests to withdraw the action for the time being while we allow…