SINGAPORE, Sept 20 (Reuters) - China's Shandong Yulong Petrochemical on Friday began starting up one of two new 200,000 barrel per day (bpd) crude units in eastern China, sources said, marking the official launch of the country's newest refinery after four years of construction. The 400,000-bpd refinery is the only major refinery to come onstream this year in China and...

06:48 AM EDT, 09/20/2024 (MT Newswires) -- Hershey Company ( HSY ) (HSY) laid off a small number of its employees this week as part of organizational changes conveyed in February due to record-high cocoa prices, Reuters reported Thursday citing a company spokesperson. The layoffs impacted less than 1% of about 20,000 workers employed at the Pennsylvania-based chocolate maker, the...

06:54 AM EDT, 09/20/2024 (MT Newswires) -- The US government plans to allocate $3 billion to 25 projects across 14 states to boost domestic production of advanced batteries and materials used in electric vehicles, multiple media outlets reported on Friday. The grants will support projects in states such as Michigan, North Carolina, Ohio, Texas, South Carolina, and Louisiana. The initiatives,...

06:59 AM EDT, 09/20/2024 (MT Newswires) -- Viavi Solutions ( VIAV ) is considering another bid for telecoms testing group Spirent Communications if rival Keysight Technologies' takeover fails, Reuters reported Friday, citing people familiar with the matter. Some analysts say that investors are concerned over Keysight's ability to get competition approval for the merger, noting that Spirent shares are trading...