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The Latest Breaking News from Supply chain

New home builds becoming more expensive amid increasing cost of glass, cement, aluminium

No sign of new home builds getting cheaper as prices for energy-intensive materials such as concrete and glass continue to rise, despite supply chain delays easing.

ABC News

Should You Avoid This Auto Stock as Layoff Headlines Erupt?

Shares of EV manufacturer Rivian (RIVN) are now trading more than 70% below its 52-week high as the company continues to suffer from supply chain issues and other macro headwinds. Moreover, it faced a year of huge losses and missed its 2022 production target. Following recent price cuts by major…

StockNews.com

Inflation in the Eurozone: is it persisting or falling?

In 2022, the annual inflation rate hit a record level (8.4%) since the Eurozone’s creation in 1999, mostly because of disruptions in the global supply chain and by the energy crisis provoked by the conflict in Ukraine.

The Conversation

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Tech components firm Gooch and Housego expects inflation to hit profits

The Somerset-based manufacturer said it had made 'steady' progress in reducing lead times after increasing production capacity

Birmingham Post

US strategy won't deter China's rise

After President Joe Biden took office, the United States' "Indo-Pacific Strategy" (IPS) --which was officially proposed by former president Donald Trump in November 2017 -- showed a new trend. This recent trajectory includes expanding overseas military bases to deter China's rise at sea, competing against its Belt and Road Initiative…

Bangkok Post

The empty shelves in Welsh supermarkets as shortages take hold

There is a lack of fresh produce in some supermarkets due to supply chain issues

Wales Online

Is Now the Time to Go All in on ChargePoint Holdings?

EV charging solutions provider ChargePoint (CHPT) reported solid revenue growth in the last reported quarter. However, the company’s solid top-line performance didn’t translate to bottom-line growth. Also, analysts seem bearish about its near-term prospects since it is expected to continue suffering from high inflation, stiff competition, and supply chain issues.…

StockNews.com

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DHL defends Bristol health and safety change after cyclist says it's a 'joke'

DHL Supply Chain says it’s all about safety for cyclists and walkers

Bristol Post

Singaporean group signs deal to establish manufacturing facility in Aberdeen

Mooring solutions company will work with ETZ on finding a site, employing staff and making supply chain connections

Insider UK

War, drought, staff shortages: why the price of milk has soared in the UK

Wholesale milk price hit all-time record in December, after months of farmers absorbing higher costs

The Guardian - UK

Contractors in Tolent supply chain could be owed more than £50m, industry groups say

Construction organisations have outlined support they are offering - while counting up the cost of Tolent's failure to SMEs

Birmingham Post

Russia–Ukraine war has nearly doubled household energy costs worldwide – new study

The Russia–Ukraine war has exacerbated an energy crisis that directly affects the costs of heating, cooling, lighting and mobility, and indirectly pushed up the costs of other goods and services throughout global supply chains. While all households are affected, they are affected in different ways depending on their income, how…

The Conversation

Airbus chalks up record profits despite supply chain woes

European aircraft manufacturer Airbus made record profits in 2022, even in the face of supply chain problems.

Radio France Internationale

Airbus earnings up despite supply chain issues impacting output

The aerospace giant which employs thousands of people at its UK sites in South Gloucestershire and North Wales has announced its production target for commercial aircraft in 2023

Birmingham Post

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The Guardian - UK

UK rehearsing economic fallout scenarios if China invades Taiwan

Exclusive: Whitehall officials planning strategy to tackle disruption to global supply chains in the aftermath of an attack

Bangkok Post

Floating trade views amid balloon snafu

Geopolitical tensions are expected to ratchet up after American jets downed four flying objects in the past 10 days, including a suspected Chinese spy balloon off the Carolina coast on Feb 4.

StockNews.com

3 Defense Stocks to Buy Amid Rising Global Tension

Despite supply chain disruptions brought on by the pandemic, the defense industry is expected to recover and witness significant growth in 2023, driven by new, advanced technologies, improved business models, and favorable government investments amid growing geopolitical tensions. Since Boeing (BA) is still struggling with supply chain issues and incurring…

StockNews.com

2 Wholesale Stocks You Shouldn't Hesitate to Buy in 2023

The wholesale industry is poised to grow significantly this year owing to growth in e-commerce, easing supply chain disruptions, and improved economic growth outlook. Hence, it could be wise to add fundamentally stable wholesale stocks Kroger (KR) and BJ's Wholesale Club (BJ) to your portfolio this year. Keep reading….

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Tribune News Service

Ford details $3.5 billion electric vehicle battery plant to be built in Michigan

ROMULUS, Michgan — Ford Motor Co. signaled Monday that Michigan will play a central role in the Dearborn automaker's bid to secure its electric-vehicle supply chain and diversify its battery technologies.

Newsroom.co.nz

Gabrielle a curveball for supply chain recovery

The cyclone has seen ports closed for multiple days ahead of a landmark day for the supply chain.

ABC News

Farmers, freight and councils call for road network rebuild after months of flooding

A new rural roads alliance says an already strained supply chain is further being strangled by an inadequate national road network and it's calling on the federal government to pay attention.

Birmingham Post

Northern Ireland new car sales jump as supply chain issues continue to ease

A total of 4,687 new cars were registered in the province last month

The Independent UK

Battery recycling firm wins $2B loan from Energy Department

A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration

Birmingham Post

Zytronic dogged by supply chain issues but remains upbeat about market opportunities

The Blaydon firm said it was forced to turn to the grey market and 'cannibalisation' of its finished products to source components

The Independent UK

Direct-to-consumer shift puts supply chain agility in the spotlight once more

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