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The Latest Breaking News from Supply chain

Supply chain issues could slow fix of Florida electric grid

Crews are starting to fix Florida's electric grid by repairing and rebuilding where lines were damaged or flooded by Hurricane Ian

The Independent UK

Ian aftermath even harder to fix with supply chain tattered

The difficult job of rebuilding communities pummeled by Hurricane Ian is expected to be made even worse by a problem that’s lingered since the early days of the pandemic: snarled supply chains.

Tribune News Service

Muir Group reports pre-tax losses

Property developer blames rising price of raw materials, supply chain delays and a lack of skilled labour

Insider UK

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Apple Senior Exec Leaves iPhone Maker After Remark in Viral Video

Apple Inc's (AAPL.O) Tony Blevins, a key player in the company's supply chain operations, is leaving the iPhone maker, the company confirmed on Thursday, without providing a reason. The move comes after a TikTok video of the executive making a crude remark about women went viral.

Asharq Al-Awsat

Africa risks losing out on trade as rich countries cement relationships with trusted partners

Over the past few years, the world’s supply chains have been strained and disrupted by the COVID pandemic, Russia’s invasion of Ukraine, and rising geopolitical tensions. These started with the US-China trade war and then intensified following the war in Ukraine.

The Conversation

Butter, garage doors and SUVs: Why shortages remain common 2½ years into the pandemic

Shortages of basic goods still plague the U.S. economy – 2½ years after the pandemic’s onset turned global supply chains upside down.

The Conversation

Shepherd Neame back in black but warns London pubs are falling behind

The firm warned the price of a pint was likely to increase further amid a continued rise in supply chain costs

Evening Standard

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Barton Goldsmith: Money and your emotional well-being

Money can be a triggering topic for many of us. These days, it’s hard to escape the impact of supply chain issues, inflation and talk of recession. It is hard to make sense of it all, but you can take some practical steps to save or make a little extra…

Tribune News Service

Profits down at Scotmid as trading hit by cost-of-living crisis

Retail group blames supply chain issues, legacy covid costs, low consumer confidence and cost inflation for profit and turnover drops

Insider UK

Principal contractor appointed to £750 million civil engineering framework

Balfour Beatty is expected to engage many smaller companies in the supply chain during the duration of the contract

Insider UK

A second Prime sale shows Amazon is nervous about the economy too

Holiday bargain shopping is starting extra early this year. And that could be good news for shoppers, even if it signals slightly worrisome things for the economy.

Los Angeles Times

Ford Is Running Out Of Blue Ovals For Its Trucks

The supply chain issues that started during the pandemic continue to loom.

Motor1

Is Ford Stock a Buy Despite Its Profit Warning?

Leading automaker Ford (F) has delivered solid second-quarter financials, driven by high demand for electric vehicles (EVs). However, the company recently revealed that it continues to navigate supply chain disruptions and other economic headwinds. It expects to incur inflation-related supplier costs of about $1 billion in the third quarter, affecting…

StockNews.com

French mustard growers to double production in wake of market collapse

It's hard to find mustard in France right now. Local mustard growers say they will double their production after a collapse in output following supply chain failures due to drought. The problem should be sorted by Christmas, but it will be costly.

Radio France Internationale

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ABC News

How the US is trying to maintain dominance of the advanced semiconductor industry and limit China's ability to develop its own

By tightening controls on China's developing advanced microchip industry, the US might be pushing allies to work against its interests, as both countries spend vast amounts of money chasing technological supremacy.

The Guardian - UK

HRT: inside the complex global supply chain behind a $20bn market

As demand for menopause drugs soars, we trace the oestrogen production line from Chinese soya bean fields to European pharmacy shelves

Benzinga

How To Hedge Against Stock Market Losses In Your IRA

These are difficult times for investors. Inflation is like a runaway freight train and COVID-19’s aftereffects are still creating supply chain problems. In response to these trends, the Federal Reserve is hiking interest rates with a frequency that hasn’t been seen in decades.

StockNews.com

3 Solar Stocks to Avoid Like the Plague

Although the solar industry has grown at a record rate over the last decade, supply chain issues have impeded the sector's productivity over the past couple of years. So, we think it could be wise to avoid fundamentally weak solar stocks Sunrun (RUN), Array Technologies (ARRY), and Beam Global (BEEM).…

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Birmingham Post

Air filter firm invests in UK operations as it shortens supply chain

Somerset-based Jasun Envirocare said it had seen a rise in demand for its air filtration system since the start of the Covid-19 pandemic

Tribune News Service

Top Ford execs get additional responsibilities; company touts Silicon Valley hires

Ford Motor Co. on Thursday announced changes within its leadership ranks around product development and supply chain management that include expanded roles for some executives and new hires with Silicon Valley backgrounds.

The Guardian - UK

‘This land belonged to us’: Nestlé supply chain linked to disputed Indigenous territory

Investigation reveals cattle raised on Mỹky territory ended up in global supply chain including food giant

The Independent UK

Expecting the unexpected

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Bangkok Post

Prices of airline tickets stay high as upkeep woes crimp fleets

SINGAPORE: Labour shortages and supply chain snarls are making it harder for airlines and lessors to return airplanes grounded during the pandemic to the skies as quickly as they would like, operators and maintenance providers say.

Bangkok Post

Growing Asia's EV ecosystem

Asia's electric-vehicle market is poised for growth. Those who approach the challenges and opportunities with an ecosystem view can create significant value for their business -- and the global climate.

StockNews.com

3 Auto Stocks Still Traveling in the Fast Lane to Buy

Although supply chain disruptions and interest rate hikes have had an impact on the auto manufacturing industry, a long-term shift toward electric vehicles (EVs) should support the industry’s growth. Therefore, fundamentally sound automotive stocks Volkswagen AG (VWAGY), Honda Motor (HMC), and Subaru Corporation (FUJHY) could be solid additions to your…

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