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The Latest Breaking News from Supply chain

A top Chinese AirPod maker is following Apple as it shifts its supply chain away from the mainland

As Apple diversifies its supply chain away from mainland China, its Chinese suppliers are moving too, establishing factories in new hubs.

Fortune

Apple looks beyond ‘iPhone factory’ China as dalliance sours

Tech giant is seeking to redirect supply chains to India and Vietnam amid fears of overdependence on China.

Al Jazeera

Exclusive-The global supply trail that leads to Russia’s killer drones

The hundreds of Russian drones hovering ominously over the Ukrainian battlefield owe their existence to an elastic, sanctions-evading supply chain that often runs through a shabby office above a Hong Kong marketplace, and sometimes through a yellow stucco home in suburban Florida.

Reuters

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Pallet shortage prompts calls for government action to shore up timber supply

As Australians fill their trolleys with Christmas goodies, a timber pallet shortage is putting pressure on the supply chain for consumer goods, prompting calls from industry for government action.

ABC News

Supply chain issues lead to £2bn in unfinished South West goods

Manufacturers across the region said Covid lockdowns in China, the war in Ukraine and Brexit had ‘exacerbated’ the problems

Birmingham Post

Recycled roads re-route old supply chains

Reclaimed and crushed asphalt, glass, concrete and tyres could replace conventional raw materials in road construction and drive Australia's circular economy.

AAP

3 Top Stocks to Buy When the Going Gets Tough

With the Fed expected to announce a 50-bps rate hike this week, concerns regarding target interest rates are set to keep markets on edge well into the next year. Hence, it could be wise to invest in Microsoft (MSFT), Sysco (SYY), and Cardinal Health (CAH), which are well-positioned to weather…

StockNews.com

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Is Carnival Stock a Buy, Sell or Hold Right Now?

Lingering supply chain issues are marring the operational capability of the leading cruise company, Carnival Corporation & plc (CCL). Moreover, considering the stubborn inflation and rising borrowing costs in the economy, should you buy, sell or hold the stock now? Continue reading to find out.

StockNews.com

Zytronic sounds cautious note as trading shows signs of recovery

The firm's employees were thanked for the performance despite unpredictability in supply chains and markets

Birmingham Post

Supply chain issues see goods worth billions sitting in warehouses

Scottish manufacturers hit by delays to key parts, ingredients and materials

Insider UK

‘Abysmal’ number of Australian banks and super funds have policies to mitigate environmental risks: report

ACF report comes as countries at Cop15 prepare global target requiring businesses and financial institutions to reveal how supply chains and portfolios affect nature

The Guardian - AU

Selling stolen data on the darknet is a million-dollar industry, study finds

After data breaches, our information enters an illicit supply chain and earns hackers millions of dollars.

Inverse

Revealed: the full inside story of the Michelle Mone PPE scandal

PPE Medpro and supply chain partners made as much as £100m in profits; Tory peer and husband now selling yacht and homes

The Guardian - UK

India calls out companies, nations for fertiliser profiteering on back of Ukraine crisis

NEW DELHI: The government on Wednesday called out major foreign fertiliser companies for making a killing by artificially hiking the international fertiliser prices during the Russia-Ukraine war taking advantage of the disruptions in supply chain. Without taking any name, Union fertiliser minister Mansukh Mandaviya said India will not tolerate cartelisation…

The Times of India

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Motorsport

Porsche confirms 963 customer team delay in 2023 WEC and IMSA

Porsche’s customer 963 teams in the FIA World Endurance Championship and the American IMSA series will be forced to miss multiple rounds due to supply chain issues with its new LMDh challenger.

Autosport

Porsche confirms 963 customer team delay in 2023 WEC, IMSA

Porsche’s customer 963 teams in the World Endurance Championship and the American IMSA series will be forced to miss multiple rounds due to supply chain issues with its new LMDh challenger.

The Independent UK

As supply chains unclog, consumers enjoy (tentative) relief

The supply backlogs of the past two years — and the delays, shortages and outrageous prices that came with them — have improved dramatically since summer

The Independent UK

German train operator to swap plastic cups and plates for porcelain in carbon-neutral drive

Deutsche Bahn’s announcement lines up with Germany’s Supply Chain Act

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news in one place.

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Fortune

Goldman Sachs CEO says clients are shifting away from supply chain resiliency to keeping headcount down, but 'I'm not hearing panic'

Big banks weigh in on inflation, a pending recession, and consumer spending.

WEKU

Buttigieg talks supply chain improvements in visit to UPS Worldport

StockNews.com

2 Wholesale Distributor Stocks to Buy in Q4

Over the past two years, the COVID-19 pandemic, geo-political conflicts, and other macroeconomic barriers have led to significant supply chain issues. However, consumer spending remained strong, helping the wholesale and retail industry to witness stable growth amid the headwinds. Therefore, we believe fundamentally strong wholesale distributor stocks, Costco Wholesale Corporation…

Reuters

UAW calls on automakers to move supply chain out of Xinjiang region

The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China's Xinjiang region after a new report on Tuesday suggests that nearly every major automaker has significant exposure to products made with forced labor.

StockNews.com

3 Stocks That Know How to Pack Long-Term Gains

Despite the pandemic-led supply chain disruptions, the packaging industry’s prospects look bright. Rising consumer purchasing power and technological investments are expected to drive growth. Therefore, packaging stocks Sealed Air Corporation (SEE), Berry Global Group (BERY), and Greif (GEF) could be solid bets to attain long-term gains. Read on….

StockNews.com

Coca-Cola and 3 Other High-Quality Stocks to Buy This December

Recent positive economic data indicate that the U.S. economy is not cooling despite the Fed’s aggressive monetary policy since March. This could prompt the Fed to continue its supersized rate hikes in the near term. Amid uncertainties, investors could consider buying rock-solid stocks Microsoft (MSFT), Coca-Cola (KO), Kroger (KR), and…

WEKU

There's a lithium mining boom, but it's not a jobs bonanza

The promised surge in clean-energy jobs from the growing popularity of electric vehicles in the U.S. is mostly focused farther down the supply chain, like at battery assembly plants.

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