Business Highlights: Imperiled wheat, new ‘Gigafactory’ | #cybersecurity | #cyberattack

DUBAI, United Arab Emirates (AP) — Farmers worldwide are weighing whether to change their planting patterns and grow more wheat this spring as Russia’s war in Ukraine has choked off or thrown into question grain supplies from a region known as “the breadbasket of the world.” Countries in the Middle East, Asia and Africa rely on those supplies to feed millions of people who subsist on subsidized bread and bargain noodles. Major grain producers like the United States, Canada, France, Australia and Argentina are being closely watched to see if they can quickly ramp up production. But farmers there are facing the prospect of another year of drought, climbing fuel and fertilizer costs, and supply chain disruptions.


Tesla opens ‘Gigafactory’ near Berlin, its 1st in Europe

BERLIN (AP) — Electric car manufacturer Tesla opened its first European factory on the outskirts of Berlin in an effort to challenge German automakers on their home turf. The company says its new “Gigafactory” will employ 12,000 people and produce 500,000 vehicles a year. Initial production will focus on Tesla’s Model Y compact sport utility vehicle. German Chancellor Olaf Scholz and Economy Minister Robert Habeck attended the opening ceremony Tuesday in Gruenheide, southeast of the German capital, with Tesla boss Elon Musk.


Original Source link

Leave a Reply

Your email address will not be published.

fifty six − = fifty two