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The Latest Breaking News from Supply chain

North East could be "major contributor" to next generation offshore wind as Government reveals latest support

The region is well positioned to benefit from offshore wind projects named in the UK's fourth allocation round, experts say

Birmingham Post

Seeing into the future: six ways cutting-edge tech can help monitor sustainability

Businesses seeking to shrink their carbon footprint need accurate tools to measure progress. Innovations, from AI to blockchain, are making this possible

The Guardian - UK

A blockchain tool that helps track sustainability, from palm oil to plastics

New technology means companies can monitor materials from the start of their production journey to the end of their lifespan

The Guardian - UK

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Labour, planning delays and supply chains slowing builds, warns Persimmon boss

Shares in the company, one of the UK’s biggest operators, dropped after it reported a slump in the number of new house completions.

The Independent UK

Samsung Electronics forecasts 11.4% rise in 2Q profits

Seoul (AFP) - Samsung Electronics expects operating profits in the second quarter to rise 11.4 percent, the South Korean tech giant said in a statement Thursday, despite ongoing global supply chain woes.

AFP

How a Texas town is making itself into an epicenter of the US semiconductor universe

In downtown Sherman, Texas, markers explain the city’s past and restaurants and coffee shops boast about the historic buildings they call home.

Tribune News Service

Simplot Australia announces NSW Central West expansion to shore up vegetable supply chains

Simplot Australia says it will create up to 100 jobs as it pumps money into shoring up supply for an in-demand frozen vegetable market.

ABC News

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Wales at the forefront of new generation of wind farms

The Crown Estate confirmed that ports in Port Talbot and Milford Haven will be key to getting offshore wind farms into the Celtic Sea

Birmingham Post

Forget Tesla, Wall Street Thinks These 2 EV Stocks Could Double

The electric vehicle (EV) industry is expected to grow exponentially this year, thanks to strong consumer demand and favorable government initiatives. However, the EV giant Tesla (TSLA) is currently grappling with supply chain issues and factory shutdowns. And we think EV stocks Xos (XOS) and Lion Electric (LEV) are worth…

StockNews.com

Tesla Plays ‘Whack-A-Mole’ with Snags as Deliveries Fall for First Time in Two Years

Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years. Stung by China's COVID-19 lockdowns and soaring costs, Tesla said…

Asharq Al-Awsat

Why China's BYD is a threat to Tesla's EV dominance

Tesla noted in its quarterly reports that it had been forced to contend with supply chain issues and factory shutdowns.

Axios

How the tampon shortage is exacerbating period poverty in the US

Tampons have become the latest household product to fall foul of supply chain issues.

The Conversation

Tesla Stock Slips Lower After Q2 Delivery Slump, Planned Factory Closures

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

The Street

Widodo’s Russia-Ukraine trip divides critics in Indonesia

President Joko Widodo visited warring countries as part of efforts to repair disrupted supply chains.

Al Jazeera

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Bangkok Post

CPN participates in self-storage alliance

Central Pattana (CPN) has partnered with Asean's top logistics and supply chain solutions service provider JWD to expand a self-storage business while targeting business-to-business and business-to-customer models.

The Independent UK

Schools struggling to provide hot nutritious meals due to supply chain issues and soaring costs

‘It is particularly worrying to hear of warnings the quality of meals is under threat,’ union leader says

Chronicle Live

McDonald’s warns some items could disappear from menu due to supply chain ‘challenges’

The fast food chain said that some meals may also be served ‘with some ingredients missing’

The Guardian - UK

Germany records first monthly trade deficit since 1991 as inflation soars

May’s €1bn deficit came as rising prices, falling demand and supply chain disruption hit industrial base

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Daily Mirror

McDonald's warns some items could be pulled from its menu due to supply chain issues

One poster in the Kings Road branch McDonald's reads: "Due to supply chain issues, some menu items may be served with some ingredients missing and others may be temporarily unavailable."

AFP

Don't look up: no fireworks for some cities on US independence holiday

Washington (AFP) - Fireworks buffs in some US cities are in for a dud of a July 4 holiday as supply chain disruptions deny them the traditional pyrotechnic shows lighting up the summer sky, industry representatives said Sunday.

The Guardian - UK

Electric cars sold in UK passes half a million despite supply chain issues

A fifth of the electric cars on British roads were made by Tesla, the US electric car pioneer

The Independent UK

Tesla's 2Q sales drop amid supply chain, pandemic problems

Tesla’s sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles

Asharq Al-Awsat

Tesla Q2 Deliveries Fall, Hit by China’s COVID-Related Shutdown

Tesla Inc delivered 17.9% fewer electric vehicles in the second quarter from the previous quarter, as China's COVID 19-related shutdown disrupted its production and supply chain. Tesla, the world's biggest electric car maker, said on Saturday that it delivered 254,695 vehicles in the April to June period, compared with 310,048…

The Street

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

InsideEVs

NIO Set New Electric Car Sales Record In June 2022

NIO announced that the supply chain and vehicle production have fully resumed in June, which allowed the company to achieve record results.

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