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The Latest Breaking News from Supply chain

Why inflation will likely stay sky-high regardless of which party wins the midterms

Soaring inflation is the top issue for a lot of voters heading into the midterms, with most saying Republicans would do a better job of handling the problem.

The Conversation

Don't Get Steered Into Buying This Auto Stock Anytime Soon

Shares of automaker NIO (NIO) have plummeted more than 70% in price year-to-date amid a widespread market sell-off. While solid EV demand and favorable government regulations remain significant tailwinds for the industry, the company is expected to witness slowing growth in the upcoming quarters amid continued chip shortage, material inflation,…

StockNews.com

Brewery issues 'supply chain costs' warning as £7 pint looms

Dom Hope-Smith questioned whether pubs would be able to survive

Liverpool Echo

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Thomas Black: Chips Act won’t work without every part of the chip

The U.S. was awakened by the pandemic to the gaping holes in its supply chains for crucial medical supplies and electronics. One of the most significant was semiconductors, the pieces of silicon that hold millions of tiny transistors that are needed in everything from automobiles to toys.

Tribune News Service

3 Chemical Stocks to Sell Before the End of 2022

Risks around lower consumption, supply chain constraints, and inflationary pressures are expected to limit the chemical industry’s growth in the near term. Considering the headwinds, we think it might be best to steer clear of chemical stocks, Lightwave Logic (LWLG), Gevo (GEVO), and Loop Industries (LOOP), given their weak fundamentals.…

StockNews.com

Don’t blame Joe Biden for high inflation

For any American who is thinking of voting Republican out of anger about inflation, here’s some advice: look before you leap

The Guardian - US

Everything we know about iPhone 15: USB-C, cameras, release date, price

The iPhone 14 just came out but the rumors have already started for Apple’s iPhone 15 and iPhone 15 Pro, which will likely get USB-C and even better cameras.

Inverse

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Airbus maintains ramped up production despite 'fragile' supply chain

The aerospace giant has reported revenue and order book growth during the first nine months of this year

Birmingham Post

Is NVIDIA a Stock You Should Buy or Sell in Q4?

Shares of chipmaker NVIDIA (NVDA) have plummeted more than 50% year-to-date. Moreover, the stock is expected to witness a further decline amid sky-high inflation, supply chain issues, weakening demand, and increasing export restrictions. Despite slowing growth, NVDA continues to remain highly profitable. So, let’s find out if this stock is…

StockNews.com

Apple urges global supply chain to decarbonise by 2030

NEW DELHI: Apple on Tuesday exhorted its global supply chain to decarbonise by 2030, as the tech giant said it will evaluate the work of its major manufacturing partners to decarbonise their Apple-related operations, and track annual progress.

The Times of India

As delays force airlines to cool their jets, there’s a push to lawyer up irate passengers

Qantas CEO Alan Joyce has warned of ongoing supply chain issues while Jetstar remains plagued by flights that are cancelled or delayed.

The New Daily

National car dealer group Pendragon outshines rivals with strong summer sales

CEO confident right strategy is in place as supply chain challenges and market pressures persist

Birmingham Post

Nicholas Goldberg: Where have all the English majors gone?

It's not exactly news that the humanities are in decline and college students are turning toward skills-based and career-focused fields of study.

Los Angeles Times

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

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Asharq Al-Awsat

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…

StockNews.com

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…

The Conversation

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.

Tribune News Service

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…

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Asharq Al-Awsat

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.

Birmingham Post

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

StockNews.com

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…

The Guardian - AU

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 Independent UK

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

StockNews.com

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…

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