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The Latest Breaking News from Supply chain

Times Are Tough, but These 2 Retailers Aren't Going Anywhere

Though high inflation and supply chain constraints continue to trouble the retail sector, resilient consumer spending should help fundamentally sound companies stay afloat. Therefore, even amid these challenging times, it could be wise to invest in quality retail stocks Sprouts Farmers (SFM) and Ingles Markets (IMKTA). Read more….

StockNews.com

‘We wanted to turn our new house into a home, but with delays, that wasn’t possible’: what you can do to avoid furniture delays

Things may be improving, but customers are still facing long lead times for furniture, as well as delays. Here’s how to avoid it.

Evening Standard

Tesla Dominance Put To The Test: How EV Upstarts Lucid, Rivian, Fisker Stack Up In Q2 Results

Electric vehicle start-up Lucid Group Inc. (NASDAQ: LCID), and Fisker Inc. (NYSE: FSR) announced quarterly earnings on Wednesday, drawing comparisons to industry leader Tesla Inc.

Benzinga

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Food security: how protected is our supply chain from cyber attacks?

With grocery prices soaring and the war in Ukraine raging on, Rahul Tyagi examines how vulnerable our supply chain infrastructure is to disruption

Evening Standard

Rolls-Royce blames supply chain woes and Covid hit to aviation for £111m loss

Shares fall 10% as outgoing chief Warren East says jet-engine maker has ‘post-Covid indigestion’

The Guardian - UK

UK new car sales fell 9% in July as supply chain problems continue

Fifth monthly fall in row prompts industry body to cut 2022 forecast even though chip shortages expected to ease

The Guardian - UK

Toyota upgrades forecast even as Q1 net profit slumps

Tokyo (AFP) - Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.

AFP

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Supply Chain Problems Persist, Hitting a Tesla Competitor Hard

A company trying to gain a toehold in the burgeoning EV space has had to cut production estimates by nearly half for the remainder of 2022.

The Street

Is Costco Stock Still a Buy Amid Retail Troubles?

Retail companies have faced significant headwinds this year due to sky-high inflation and supply chain disruptions. However, Costco Wholesale's (COST) strong revenue performance and consistent margins have helped the stock to remain resilient amid retail troubles. So is this stock worth adding to your portfolio now? Let’s find out….

StockNews.com

There's a global shortage of epidurals — and Australian hospitals are feeling the pinch

Epidurals have been commonly used for pain relief in childbirth for more than 40 years and more than 40 per cent of people who give birth in Australia use them, writes Alicia Dennia

ABC News

How do epidurals work? And why is there a global shortage of them?

More than 40% of people in Australia who access pain relief during labour use epidurals. That amounts to around 92,000 epidurals a year. They’re also used for pain relief outside obstetrics.

The Conversation

Our vulnerable world: Taiwan makes more than 90% of the world’s advanced computer chips

Supply chain problems, COVID-19 and America’s reliance on China and East Asia have left the production of semiconductors vulnerable.

Crikey

Caterpillar profits rise but says supply chain still messy

New York (AFP) - Strong industrial demand in most leading markets lifted Caterpillar's results in the latest quarter, but the US heavy equipment maker said Tuesday it faced persistent supply chain problems.

AFP

GOP Main Street group unveils agenda for candidates

The centrist Republican Main Street Partnership agenda focuses on energy, jobs, supply chain issues, public safety and ‘freedom.’

Roll Call

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The Guardian - AU

Egg shortage hits Australia as supermarket shelves go empty

Cold weather and Covid disruptions have contributed to supply chain issues, causing some supermarkets to implement two-carton limits

StockNews.com

1 Stock to Avoid as Inflation Bites Into Its Business

Shares of outdoor cooking products manufacturer Weber (WEBR) have plummeted nearly 49% in price year-to-date. The company reported disappointing second-quarter 2022 results and hinted at declining growth as the management withdrew its fiscal year 2022 net sales and earnings guidance amid mounting inflationary and supply chain pressures. So, the stock…

The Conversation

Inflation is spiking around the world – not just in the United States

The 9.1% increase in U.S. consumer prices in the 12 months ending in June 2022, the highest in four decades, has prompted many sobering headlines.

ABC News

New Metung Hot Springs development to open by September, after delays

Ongoing COVID disruptions, supply chain issues, and wet weather have all contributed to delays in the opening of the new Metung Hot Springs facility in East Gippsland.

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StockNews.com

2 EV Stocks You Might Want to Avoid Right Now

Although the electric vehicle (EV) market is expanding, it is still being held back by supply chain snags and the absence of EV charging stations. In addition, growing economic worries have dampened consumer confidence, slowing overall demand. Therefore, avoiding fundamentally-weak EV stocks Canoo (GOEV) and Gogoro (GGR) may be prudent.…

Birmingham Post

Aston Martin sales rise - but supply chain disruption and logistics issues costing carmaker millions

Strong demand for sports cars means its models are sold out into 2023

Evening Standard

Hundreds of Aston Martin cars left unfinished amid supply chain struggles

The carmaker said more than 350 cars were awaiting parts by the end of June

Benzinga

A Historical Analysis of Commodity Cycles from the 1970s to 2020s

The global economy periodically experiences steep movements in commodity prices, causing cyclic booms and busts. These are called commodity cycles, a complex process emerging from macroeconomic shocks, supply chain bottlenecks, and policy failures.

Benzinga

Apple Q3 Earnings Imminent: Why Investors Are Watching Supply Chain, Chip Shortage Impact And More

Apple, Inc.’s (NASDAQ: AAPL) supply chain in China was severely constrained in the June quarter, and the degree of impact could be quantified when Cupertino reports third-quarter results Thursday after the market closes. An earnings call is scheduled for 5 p.m. ET.

AFP

Volkswagen 'confident' despite global headwinds

Frankfurt (AFP) - German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and supply chain issues to put in a "robust" performance in the first six months of 2022.

Insider UK

AMTE Power selects Dundee as site for first 'MegaFactory'

The new site should create around 215 on-site jobs and 800 jobs in the wider supply chain during development

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