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The Latest Breaking News from Supply chain

Builders warn of long wait as labour shortages and supply chain disruptions plague industry

Jackie Poole wanted a pool for her four- and six-year-old sons before summer. She struggled to find a builder to have any renovations done until 2024. She's telling others to book in now.

ABC News

Saudi Crown Prince Launches ‘Global Supply Chain Resilience Initiative’

Prince Mohammed bin Salman, Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs, announced on Sunday the launch of the Global Supply Chain Resilience Initiative (GSCRI). The GSCRI aims to make Saudi Arabia a location of choice for leading global industrial companies looking to drive…

Asharq Al-Awsat

3 Solid Retail Stocks to Buy in Q4 and 1 to Sell

The retail industry continues to do well despite surging commodity prices, supply chain disruptions, and labor shortages, thanks to the expansion of e-commerce. Therefore, fundamentally strong retail stocks, such as Buckle, Inc. (BKE), J.Jill, Inc. (JILL), and Movado Group (MOV), could be promising investments. On the other hand, avoiding The…

StockNews.com

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Reviving the UK's textile industry could help replace fast fashion with homegrown clothes, but there are barriers

The world has experienced massive disruption to supply chains in recent years as a result of the COVID pandemic and the war in Ukraine. This has restricted the availability of a wide array of goods, including essential items such as food, medicines and fuels.

The Conversation

Federal EV battery spending spree snubs Michigan, favors 'Battery Belt'

WASHINGTON — The U.S. Department of Energy on Wednesday announced $2.8 billion in funding across 12 states for electric vehicle battery production. None of the projects — most of which focus on battery mineral processing or component manufacturing — are in Michigan, which remains the largest auto-producing state in the…

Tribune News Service

Saudi Arabia’s National Industrial Strategy to Boost Global Trade, Supply Chains Partnerships

Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef affirmed on Wednesday that the National Industrial Strategy (NIS) is an essential tool for diversifying the Kingdom’s economic base. Crown Prince Mohammed bin Salman launched on Tuesday NIS to realize the objectives of the Saudi Vision 2030.

Asharq Al-Awsat

UK 'must capture the carbon capture supply chain' to make race to Net Zero a true success story

Northern Powerhouse boss calls for strategy to ensure Humber's solution isn't purely a 'quick' win for Net Zero as needs laid out by refinery chief

Birmingham Post

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2 Industrial Stocks to Avoid or Sell Short Until Further Notice

While demand remained steady, the industrial sector is facing increasing headwinds such as inflation, interest rate hikes, and persistent supply chain disruption. Amid this, we believe fundamentally bleak industrial stocks, Plug Power (PLUG) and FuelCell (FCEL), might be best avoided or sold short. Read on.

StockNews.com

Rising Inflation Keeps Pushing This EV Stock Further off the Road

Electric Vehicle (EV) maker Lucid Group (LCID) failed to translate its top-line growth to bottom-line improvement in the second quarter of fiscal 2022. While the company mentioned strong demand for its offerings, chip shortage, material price inflation, and supply chain challenges might weigh on its growth prospects. Shares of LCID…

StockNews.com

The chips are down: Australia’s wet weather and supply chain woes causing potato supply issues

Growers say prices for fertiliser, fuel and transport have also skyrocketed because of Russia’s attack on Ukraine

The Guardian - AU

India-led alliance bats for diverse solar energy market

For countries to transition away from fossil fuels and toward cleaner energies like solar power, supply chains for components need to be more geographically diverse, officials during a conference on solar energy in New Delhi said on Tuesday

The Independent UK

3 Top Industrial Stocks Under $50 to Buy Now

The industrial sector is expected to witness solid growth in the long run because of easing supply chain constraints and rising global demand. Moreover, the government’s focus on infrastructure improvement should stimulate the manufacturing of materials within the country, thereby boosting industrial production. Therefore, it could be wise to invest…

StockNews.com

Source your leather at 'APLF Asean'

Around 200 exhibitors covering the whole leather supply chain will gather during "APLF Asean 2022" at Halls 1-2 of Queen Sirikit National Convention Center, Ratchadaphisek Road, daily from 10am to 6pm, starting tomorrow until Friday.

Bangkok Post

How many Amazon packages get delivered each year?

Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to curiouskidsus@theconversation.com.

The Conversation

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Birmingham Post

North East energy sector players come together at 'pivotal moment' for the sector

The transition to low carbon energy generation was discussed at a meeting of key companies such as bp, Equinor and GE

Asharq Al-Awsat

Ten Agreements Signed at Riyadh Supply Chain Conference

Supporting the Kingdom’s ambitions for becoming a global destination for logistics services, the Supply Chain Conference held in Riyadh witnessed the signing of ten agreements that bolster the position of Saudi supply chains in the face of geopolitical challenges. Moreover, Saudi Arabia announced inaugurating 59 logistic zones to bolster supply…

Liverpool Echo

Developer responds to questions about site where investors have put in over £15m

The Sourced Development Group have said the Regent Plaza scheme has been delayed by supply chain issues and the global pandemic

The Guardian - US

Latest US inflation data raises questions about Fed’s interest rate hikes

Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain

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The Guardian - UK

Drought threatens England’s fruit and vegetable crop next year, says report

Scorching summer left reservoirs depleted and unlikely to recover, as growers warn of supply chain collapse in leaked meeting

Asharq Al-Awsat

Saudi Arabia Calls for Limiting Global Supply Chain Disruptions to Protect Energy, Food Security

Saudi Finance Minister Mohammad Al-Jadaan said that he had emphasized the need to protect supply chains from any future disruptions during his participation in the recent meeting of G20 finance ministers in Washington. Concerns pertaining to the Covid-19 pandemic and its variants, in addition to geopolitical tensions, have increased supply…

Zenger

Barges Hit Bottom Of Mississippi River As Water Levels Approach Historic Low

The supply chain across the nation's heartland is facing significant constraints that could have far-reaching consequences into the winter, starting with farmers in the Plains and expanding all the way to the overall economy of the United States

The Guardian - UK

Could self-driving trucks solve the supply chain crisis? Meet the AI trailblazer who thinks so

Prof Raquel Urtasun is the founder of a startup at the cutting edge of driverless technology – and the University of Toronto has been the perfect incubator for her research

Chronicle Live

Boots customers left fuming after price of meal deal goes up to £4

A spokesperson for Boots said the price increase reflected rising costs including ingredients, production and supply chain costs

The Independent UK

IKEA calls 2022 an 'exceptional year' despite challenges

Swedish home furnishings giant IKEA says that despite “unprecedented challenges” caused by the war in Ukraine, supply chain disruptions, increased inflation and lingering fallout from the COVID-19 pandemic, 2022 had been an “exceptional year.”

Reuters

Peru aims to formalize artisanal gold miners, minister says

Peru plans to formalize small-scale gold miners, mining minister Alessandra Herrera said on Tuesday, amid growing international pressure to shed light on the supply chain of the precious metal in South America's top producer.

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