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The Latest Breaking News from Supply chain

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…

Asharq Al-Awsat

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

The Independent UK

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.

Benzinga

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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.

Reuters

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

Birmingham Post

Gardening Is a Hedge Against Supply Chain Disruptions

Grow your own in uncertain times.

Reason

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…

StockNews.com

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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

The Guardian - AU

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

Benzinga

Breaking from China’s clean energy dominance ‘imperative’, US and Australia say after new climate tech deal

New agreement to fast-track climate solutions signed as countries underscore need for diversified supply chains

The Guardian - AU

Grocery prices are soaring. Try these 10 tips to save money

As a result of the pandemic, Americans have been spending more on groceries for home cooking and less on going out to eat. But grocery prices have jumped 10.9% in the Los Angeles-Long Beach-Anaheim region over the last year. A combination of factors are to blame, including higher fuel costs,…

Los Angeles Times

Better Buy: USA Truck vs. J.B. Hunt

Increasing demand for intermodal trucking services with continued supply chain disruptions should allow the trucking industry to stay afloat amid an expected economic slowdown. Therefore, it could be worth watching USA Truck (USAK) and J.B. Hunt Transport (JBHT). But which of these stocks is a better buy now? Read more…

StockNews.com

Australia could see a solar cell ‘renaissance’ if global supply chain is diversified

International Energy Agency report finds China controls the bulk of world’s PV manufacturing

The Guardian - AU

Which Trendy Shoe Maker Is a Better Buy - Steven Madden or Allbirds?

Despite the impact of high inflation and supply chain disruptions, the growing demand for athletic and trendy footwear upon rising focus on fitness and fashion, should enable shoemakers Steven Madden (SHOO) and Allbirds (BIRD) to stay afloat. But which of these stocks is a better buy now? Read more to…

StockNews.com

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2 Electric Vehicle Companies to Avoid in July

The electric vehicle (EVs) industry is growing but remains constrained by supply chain disruptions and the lack of EV charging stations. Moreover, rising recession fears have hampered consumer sentiment and could decelerate aggregate demand. So, fundamentally weak electric vehicle stocks Rivian Automotive (RIVN) and Lucid Group (LCID) are best avoided…

The Hindu

R. Dinesh elected President Designate of CII for 2022-23

CHENNAI R Dinesh, Executive Vice-Chairman, TVS Supply Chain Solutions, has been elected President De

The Independent UK

Lamb off the menu at Toby Carvery amid supply chain issues

The restaurant chain has received complaints from diners

Birmingham Post

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

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The Guardian - UK

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 Independent UK

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.

Tribune News Service

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.

ABC News

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.

Birmingham Post

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

StockNews.com

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…

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