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The Latest Breaking News from Supply chain

Medtronic Stock Keeps Ticking Forward

Medical device maker Medtronic (NYSE: MDT) stock is trading down (-14%) for the year. Medtronic is the world's largest medical device maker with a portfolio of glucose monitors, stents, insulin pumps, pacemakers, and catheters. It serves patients in over 150 countries.

Benzinga · Jul 27, 2022

Maruti Suzuki carmaker misses profit estimate as supply crunch bites

India’s biggest carmaker Maruti Suzuki, reported a lower-than-expected quarterly profit as rising input costs and supply chain constraints hurt earnings.

The Times of India · Jul 27, 2022

Sales and profits up at biggest UK brick maker despite industry-wide inflation and supply chain challenges

Ibstock said recent sales remained encouraging and the business had mitigated energy price risks

Birmingham Post · Jul 27, 2022

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Carbon capture could be worth £100 billion to UK economy by 2050

Offshore Energies UK report warns that Britain’s supply chain to support sector is fragile

Insider UK · Jul 27, 2022

Developing nations seek to overcome energy, currency crises

Business leaders and officials from eight developing nations meeting in Bangladesh say more cooperation is needed among them to overcome dwindling foreign currency reserves, a growing energy crisis and supply chain disruptions

The Independent UK · Jul 26, 2022

Push to attract more female truck drivers as freight demand puts stress on supply chains

Queensland-based truck driver Corrina Riley says more women should consider a career in trucking, as the industry grapples with driver shortages and increasing freight demand.

ABC News · Jul 25, 2022

Why Premier League fans are struggling to buy their club's new kits amid mass disruption

More than half of clubs across the top four English divisions have been impacted because of supply chain issues linked to Covid-19 disruption in Asian factories

Daily Mirror · Jul 25, 2022

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SThree profits surge as supply chain crisis fuels demand for tech workers

Three in four small and medium sized companies plan to reshore some of their supply chains back to the UK within five years

Evening Standard · Jul 25, 2022

Most new passenger vehicles in 2050 will be electric: Study

Experts say that investments in the EV ecosystem, to enhance the charging infrastructure and expand the local supply chain development, would help convince customers to adopt EVs over traditional vehicles

The Hindu · Jul 22, 2022

Russia, Ukraine sign UN-backed grain export deal

Agreement set to allow grain to be exported from Ukrainian Black Sea ports amid fears of a global food crisis.

Al Jazeera · Jul 22, 2022

Pensana build begins as Business Secretary aims to ensure UK critical mineral supply for EV and wind markets

'Independent sovereign capability' sought as strategy launches alongside ground-breaking for Humber facility to supply materials to electric vehicle and offshore wind markets

Birmingham Post · Jul 21, 2022

Tesla’s Musk signals optimism on end to ‘supply chain hell’

Tesla Inc. has been going through “supply chain hell,” but Elon Musk believes the electric-car maker stands a chance of emerging from it in the second half of the year.

Tribune News Service · Jul 21, 2022

Oakland port shuttered for second day over trucker protest

A group of truckers continued to halt cargo traffic at the Port of Oakland on Wednesday deepening concerns over major supply chain disruptions at one of the country’s largest ports and a key hub for global commerce.

Tribune News Service · Jul 21, 2022

Growth forecast slashed for developing Asia as prices soar

MANILA: The Asian Development Bank on Thursday slashed its 2022 growth forecast for developing Asia and warned economic conditions could worsen, as the war in Ukraine and supply chain disruptions drive up prices.

Bangkok Post · Jul 21, 2022

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The Hindu · Jul 20, 2022

IIT Madras sets up centre for smart manufacturing

The Indian Institute of Technology Madras has opened a smart manufacturing and digital transformation centre (SMDTC) that will focus on research and innovation for smart process intelligence, 5G enablement and smart supply chain solutions

Birmingham Post · Jul 20, 2022

Russian seafood sanctions hit with Grimsby cluster chiefs warning of potential to push prices up

Processing issue not major but inflationary impact being monitored as supply chains change

Asharq Al-Awsat · Jul 20, 2022

Saudi Arabia Leads Contract Awards in GCC

Saudi Arabia topped the GCC project awards, which improved during the year's second quarter despite global economic challenges caused by supply chain problems and higher oil prices primarily driven by the Russia-Ukraine conflict. Higher crude oil price was the most significant contributor to inflation numbers across countries, including in the…

The Independent UK · Jul 19, 2022

Elections officials urged to prepare for shortages, delays

Elections officials from across the country meeting under heightened security in swing state Wisconsin are being urged to prepare for supply chain issues that could lead to shortages in paper used for everything from ballots to “I voted” stickers for years to come

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Benzinga · Jul 19, 2022

Inflation Is Not Changing E-Commerce Return Policies

As rising fuel prices and continued supply chain disruptions have pressured retailers and e-commerce brands, many are looking for ways to offset costs.

Reuters · Jul 18, 2022

U.S., allies cannot allow China to dominate raw materials, technologies - Yellen

U.S. Treasury Secretary Janet Yellen will call on Tuesday for deeper trade ties among allies to fortify their supply chains, combat inflation and thwart China's "unfair trade practices" and efforts to dominate key raw materials and technologies markets.

Birmingham Post · Jul 18, 2022

Revenues rise to £61m at Newcastle construction group Northern Bear despite industry challenges

The firm said it had a strong forward order book which should support its trading performance in the coming months

Reason · Jul 16, 2022

Gardening Is a Hedge Against Supply Chain Disruptions

Grow your own in uncertain times.

StockNews.com · Jul 15, 2022

Alibaba vs. Amazon: Which E-Commerce Giant Is the Better Investment?

Despite high inflationary pressure and continued supply chain disruptions, resilient consumer spending and enhanced delivery services should help the e-commerce industry to stay afloat. However, considering the uncertain market conditions, e-commerce giants Amazon.com (AMZN) and Alibaba Group (BABA) are expected to remain under pressure. But is it wise to buy…

The Guardian - AU · Jul 13, 2022

Bourbon dry: low spirits in New Zealand as bottle shops run out

Shipping delays and bottlenecks, along with rising popularity of hard liquor, cause shortage, accompanied by dip in chicken nugget stocks

Benzinga · Jul 12, 2022

Integrating Cannabis Supply Chains: Meet Luis Merchan Of Flora Growth, A Globally-Expanding Cannabis Company

Flora Growth Corporation (NASDAQ: FLGC), a vertically integrated cannabis company, entered the industry intending to become the world’s largest producer of low-cost, naturally grown medicinal-grade cannabis oils and extracts i

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