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The Latest Breaking News from Supply chain

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

The Guardian - US

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

The Guardian - UK

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…

Asharq Al-Awsat

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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

Zenger

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

The Guardian - UK

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

Chronicle Live

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.”

The Independent UK

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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.

Reuters

If Taiwan is safe, chip supply chains will be secure, says Taiwan minister

Taiwanese Minister for Economic Affairs Wang Mei-Hua said on a visit to the United States on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure.

Reuters

Commentary: Here’s how companies can strong-arm their suppliers into cutting carbon emissions

The Inflation Reduction Act is both the most important federal climate legislation ever and sadly inadequate to protect the U.S. and the world from the effects of climate change. Where it falls short, states could intervene with tougher regulations — but many won’t. That leaves corporations, which can pressure their…

Los Angeles Times

Crown Estate refines five areas mapped in Celtic Sea for floating offshore wind

The authority has reduced the size of three of the original five areas and removed two ahead of the leasing round

Birmingham Post

3 Solar Stocks to Sell, Liquidate or Avoid in Q4

The solar industry has been growing amid the increasing focus on clean energy. However, the sector is crippled by supply chain and trade issues. Given the near-term challenges, we think it could be wise to steer clear of fundamentally bleak solar stocks First Solar (FSLR), Sunrun (RUN), and Beam Global…

StockNews.com

Output down across Wales' private sector, says NatWest

Lower business activity was linked to supply chain issues and weak client demand

Birmingham Post

NT Logistics Advisory Council meets over supply chain preparedness as La Niña kicks in

With a third consecutive La Niña weather event underway, there are concerns not enough is being done to ensure essential goods can continue to be delivered to the Northern Territory in the event of heavy rain.

ABC News

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The Guardian - UK

Jim Ratcliffe’s attempt to rival Land Rover Defender racks up steep losses

Ineos Automotive’s plans for Grenadier 4x4 hit by global supply chain disruption

The Hindu

India, Taiwan should consider finalising FTA as soon as possible: Taiwan Government Representative

Taiwanese representative said Taiwan has been actively pursuing FTA with like-minded trading partners including India and reaffirmed Taipei's focus on supporting the rules-based international order

Tribune News Service

China says Biden’s new chip technology curbs will harm recovery

China criticized expanded U.S. restrictions on its access to semiconductor technology, saying they’ll harm supply chains and the world economy.

StockNews.com

2 Semiconductor Stocks That Are Not Bear Market Bargains in 2022

The semiconductor industry is crippled by persistent supply chain disruptions and increased government regulations. Moreover, declining consumer spending due to the weak economic outlook has also impacted the industry. And we think semiconductor stocks, Advanced Micro Devices (AMD) and Marvell Technology (MRVL), are not bear market bargains this year. Let’s…

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The Guardian - UK

Company insolvencies hit 13-year high in England and Wales

ONS says soaring energy costs and supply chain problems forced 5,629 firms to go bust in second quarter

Reuters

Taiwan economy minister to address 'concerns' during US visit

Taiwan Economy Minister Wang Mei-hua will visit the United States next week to respond to what her office called "concerns" about supply chains and geopolitical issues and will also visit U.S. tech firms that are major customers of Taiwanese semiconductor companies.

Birmingham Post

North East automotive supply chain woes as chip shortages and Covid fallout continues to bite

Several of the region's biggest car component manufacturers have reported downbeat results in recent days

Birmingham Post

RWE and Marine Power Systems partner for Celtic Sea offshore wind opportunities

RWE is currently preparing to bid for the Crown Estate Celtic Sea seabed leasing round in 2023

StockNews.com

4 EV Stocks You Don't Want to Hitch a Ride Within 2022

Despite growing EV demand and supportive government policies, the industry has been struggling with numerous challenges, including supply chain issues, chip shortages, material inflation, and inadequate charging infrastructure. So, considering the headwinds, we think it could be wise to avoid fundamentally weak EV stocks Lucid (LCID), Nikola (NKLA), Faraday Future…

InsideEVs

Ford F-150 Lightning Pro Sees New Price Hike, Now Starts At $53,769

Ford blames "ongoing supply chain constraints and rising material costs" for the price hike, says only the Pro trim is seeing an additional increase for now.

Motor1

Ford Increases Lightning Base Price For Second Time In Two Months

The company is citing ongoing supply chain issues for the price rise.

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