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The Latest Breaking News from Supply chain

Revealed: the full inside story of the Michelle Mone PPE scandal

PPE Medpro and supply chain partners made as much as £100m in profits; Tory peer and husband now selling yacht and homes

The Guardian - UK

India calls out companies, nations for fertiliser profiteering on back of Ukraine crisis

NEW DELHI: The government on Wednesday called out major foreign fertiliser companies for making a killing by artificially hiking the international fertiliser prices during the Russia-Ukraine war taking advantage of the disruptions in supply chain. Without taking any name, Union fertiliser minister Mansukh Mandaviya said India will not tolerate cartelisation…

The Times of India

Porsche confirms 963 customer team delay in 2023 WEC and IMSA

Porsche’s customer 963 teams in the FIA World Endurance Championship and the American IMSA series will be forced to miss multiple rounds due to supply chain issues with its new LMDh challenger.

Motorsport

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Porsche confirms 963 customer team delay in 2023 WEC, IMSA

Porsche’s customer 963 teams in the World Endurance Championship and the American IMSA series will be forced to miss multiple rounds due to supply chain issues with its new LMDh challenger.

Autosport

As supply chains unclog, consumers enjoy (tentative) relief

The supply backlogs of the past two years — and the delays, shortages and outrageous prices that came with them — have improved dramatically since summer

The Independent UK

German train operator to swap plastic cups and plates for porcelain in carbon-neutral drive

Deutsche Bahn’s announcement lines up with Germany’s Supply Chain Act

The Independent UK

Goldman Sachs CEO says clients are shifting away from supply chain resiliency to keeping headcount down, but 'I'm not hearing panic'

Big banks weigh in on inflation, a pending recession, and consumer spending.

Fortune

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Buttigieg talks supply chain improvements in visit to UPS Worldport

WEKU

2 Wholesale Distributor Stocks to Buy in Q4

Over the past two years, the COVID-19 pandemic, geo-political conflicts, and other macroeconomic barriers have led to significant supply chain issues. However, consumer spending remained strong, helping the wholesale and retail industry to witness stable growth amid the headwinds. Therefore, we believe fundamentally strong wholesale distributor stocks, Costco Wholesale Corporation…

StockNews.com

UAW calls on automakers to move supply chain out of Xinjiang region

The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China's Xinjiang region after a new report on Tuesday suggests that nearly every major automaker has significant exposure to products made with forced labor.

Reuters

3 Stocks That Know How to Pack Long-Term Gains

Despite the pandemic-led supply chain disruptions, the packaging industry’s prospects look bright. Rising consumer purchasing power and technological investments are expected to drive growth. Therefore, packaging stocks Sealed Air Corporation (SEE), Berry Global Group (BERY), and Greif (GEF) could be solid bets to attain long-term gains. Read on….

StockNews.com

Coca-Cola and 3 Other High-Quality Stocks to Buy This December

Recent positive economic data indicate that the U.S. economy is not cooling despite the Fed’s aggressive monetary policy since March. This could prompt the Fed to continue its supersized rate hikes in the near term. Amid uncertainties, investors could consider buying rock-solid stocks Microsoft (MSFT), Coca-Cola (KO), Kroger (KR), and…

StockNews.com

There's a lithium mining boom, but it's not a jobs bonanza

The promised surge in clean-energy jobs from the growing popularity of electric vehicles in the U.S. is mostly focused farther down the supply chain, like at battery assembly plants.

WEKU

2 Giant Stocks to Consider Buying Right Now and 1 to Avoid

With slower but surer interest rate hikes expected to put further pressure on the compressed margins of most companies and enhance the odds of an economic slowdown, the market is unlikely to stabilize anytime soon. Hence, it could be wise to load up on steady stocks, Microsoft (MSFT) and Eli…

StockNews.com

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Al Jazeera

Global arms sales rise for 7th year despite supply chain issues

Weapons trade grows 1.9 percent according to SIPRI, with Russia’s invasion of Ukraine adding to supply chain problems.

Bangkok Post

Apple Makes Plans to Move Production Out of China

In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world's most valuable company, say people involved in the discussions.

The Canberra Times

'People can't buy oysters quick enough': Christmas frenzy begins amid supply chain issues

While Christmas remains several weeks away, the annual seafood frenzy has begun.

Fortune

Why companies that resist reporting supply chain emissions risk losing their competitive edge

Corporate America is divided on whether to embrace the disclosure of Scope 3 emissions—the greenhouse gasses emitted by a company’s suppliers and customers. If they’re to remain competitive, this will have to change.

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The Guardian - UK

Zero-Covid policy is costing China its role as the world’s workshop

Beijing’s endless lockdowns are causing shortages for western firms such as Apple, and it may not be long before they move their supply chains elsewhere

StockNews.com

4 Auto Stocks to Sell Right Now and 1 to Buy

The automobile industry has been hit this year by supply chain issues, rising raw material prices, and chip shortages. With a recession expected next year, financially weak auto stocks could continue to tumble. Thus, it could be wise to sell Lucid Group (LCID), Workhorse Group (WKHS), Mullen Automotive (MULN), and…

The Independent UK

Biden signs bill to avert rail strike and says fight for paid sick leave ‘isn’t over’

President touted the “historic” 24 per cent wage increase the deal will provide workers over the next five years

The Conversation

Darknet markets generate millions in revenue selling stolen personal data, supply chain study finds

It is common to hear news reports about large data breaches, but what happens once your personal data is stolen? Our research shows that, like most legal commodities, stolen data products flow through a supply chain consisting of producers, wholesalers and consumers. But this supply chain involves the interconnection of…

Insider UK

New project aims to revolutionise zero-emissions shipbuilding and create Scottish jobs

Marine engineering business partners manufacturing institute to keep supply chain local

StockNews.com

Microsoft, Dell, and 1 Other Tech Stock to Add to Your Portfolio This Week

The growing adoption of cloud computing as part of continued digital transformation across sectors and increasing IT spending worldwide should drive the technology industry’s growth. Given the industry's promising growth prospects, it could be wise to add fundamentally sound tech stocks Microsoft Corporation (MSFT), Dell Technologies (DELL), and Juniper Networks…

Tribune News Service

Biden in Michigan: US won't be 'held hostage' in chips supply

President Joe Biden visited a semiconductor chip manufacturer near Bay City on Tuesday afternoon, touting federal taxpayer investments in manufacturing to move supply chains to the United States and pursue an energy future with fewer carbon emissions.

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