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The Latest Breaking News from Supply chain

‘We wanted to turn our new house into a home, but with delays, that wasn’t possible’: what you can do to avoid furniture delays

Things may be improving, but customers are still facing long lead times for furniture, as well as delays. Here’s how to avoid it.

Evening Standard

Tesla Dominance Put To The Test: How EV Upstarts Lucid, Rivian, Fisker Stack Up In Q2 Results

Electric vehicle start-up Lucid Group Inc. (NASDAQ: LCID), and Fisker Inc. (NYSE: FSR) announced quarterly earnings on Wednesday, drawing comparisons to industry leader Tesla Inc.

Benzinga

Food security: how protected is our supply chain from cyber attacks?

With grocery prices soaring and the war in Ukraine raging on, Rahul Tyagi examines how vulnerable our supply chain infrastructure is to disruption

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Rolls-Royce blames supply chain woes and Covid hit to aviation for £111m loss

Shares fall 10% as outgoing chief Warren East says jet-engine maker has ‘post-Covid indigestion’

The Guardian - UK

UK new car sales fell 9% in July as supply chain problems continue

Fifth monthly fall in row prompts industry body to cut 2022 forecast even though chip shortages expected to ease

The Guardian - UK

Is Costco Stock Still a Buy Amid Retail Troubles?

Retail companies have faced significant headwinds this year due to sky-high inflation and supply chain disruptions. However, Costco Wholesale's (COST) strong revenue performance and consistent margins have helped the stock to remain resilient amid retail troubles. So is this stock worth adding to your portfolio now? Let’s find out….

StockNews.com

There's a global shortage of epidurals — and Australian hospitals are feeling the pinch

Epidurals have been commonly used for pain relief in childbirth for more than 40 years and more than 40 per cent of people who give birth in Australia use them, writes Alicia Dennia

ABC News

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How do epidurals work? And why is there a global shortage of them?

More than 40% of people in Australia who access pain relief during labour use epidurals. That amounts to around 92,000 epidurals a year. They’re also used for pain relief outside obstetrics.

The Conversation

GOP Main Street group unveils agenda for candidates

The centrist Republican Main Street Partnership agenda focuses on energy, jobs, supply chain issues, public safety and ‘freedom.’

Roll Call

Egg shortage hits Australia as supermarket shelves go empty

Cold weather and Covid disruptions have contributed to supply chain issues, causing some supermarkets to implement two-carton limits

The Guardian - AU

1 Stock to Avoid as Inflation Bites Into Its Business

Shares of outdoor cooking products manufacturer Weber (WEBR) have plummeted nearly 49% in price year-to-date. The company reported disappointing second-quarter 2022 results and hinted at declining growth as the management withdrew its fiscal year 2022 net sales and earnings guidance amid mounting inflationary and supply chain pressures. So, the stock…

StockNews.com

Inflation is spiking around the world – not just in the United States

The 9.1% increase in U.S. consumer prices in the 12 months ending in June 2022, the highest in four decades, has prompted many sobering headlines.

The Conversation

New Metung Hot Springs development to open by September, after delays

Ongoing COVID disruptions, supply chain issues, and wet weather have all contributed to delays in the opening of the new Metung Hot Springs facility in East Gippsland.

ABC News

Gurugram: India needs 46,000 charging stations, says white paper on electric vehicle adoption

Gurugram: Inadequate charging infrastructure, concerns around technological obsolescence, high cost of electric vehicle (EV) ownership compared to conventional vehicles and supply chain restraints are among several factors impeding the pace of EV adoption in India, according to a white paper released by industry leaders and domain experts in Gurugram on…

The Times of India

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StockNews.com

2 EV Stocks You Might Want to Avoid Right Now

Although the electric vehicle (EV) market is expanding, it is still being held back by supply chain snags and the absence of EV charging stations. In addition, growing economic worries have dampened consumer confidence, slowing overall demand. Therefore, avoiding fundamentally-weak EV stocks Canoo (GOEV) and Gogoro (GGR) may be prudent.…

Birmingham Post

Aston Martin sales rise - but supply chain disruption and logistics issues costing carmaker millions

Strong demand for sports cars means its models are sold out into 2023

Evening Standard

Hundreds of Aston Martin cars left unfinished amid supply chain struggles

The carmaker said more than 350 cars were awaiting parts by the end of June

Benzinga

A Historical Analysis of Commodity Cycles from the 1970s to 2020s

The global economy periodically experiences steep movements in commodity prices, causing cyclic booms and busts. These are called commodity cycles, a complex process emerging from macroeconomic shocks, supply chain bottlenecks, and policy failures.

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Benzinga

Apple Q3 Earnings Imminent: Why Investors Are Watching Supply Chain, Chip Shortage Impact And More

Apple, Inc.’s (NASDAQ: AAPL) supply chain in China was severely constrained in the June quarter, and the degree of impact could be quantified when Cupertino reports third-quarter results Thursday after the market closes. An earnings call is scheduled for 5 p.m. ET.

Insider UK

AMTE Power selects Dundee as site for first 'MegaFactory'

The new site should create around 215 on-site jobs and 800 jobs in the wider supply chain during development

Asharq Al-Awsat

Samsung Electronics Says Operating Profits Up 12.18 Percent in Q2

South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up 12.18 percent, with record profits in its system semiconductor division despite global supply chain woes. The company's "system semiconductor businesses...

The Guardian - AU

Despite Australia’s soaring inflation rate, some economists say the peak may be ‘coming into view’

Analysis: Inflation optimists look to falling global supply chain pressures but spiking energy prices suggest we haven’t reached a plateau yet

Benzinga

4 General Motors Analysts React To Q2 Earnings Miss, Ongoing Supply Chain Challenges

General Motors Company (NYSE: GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages.

Benzinga

Medtronic Stock Keeps Ticking Forward

Medical device maker Medtronic (NYSE: MDT) stock is trading down (-14%) for the year. Medtronic is the world's largest medical device maker with a portfolio of glucose monitors, stents, insulin pumps, pacemakers, and catheters. It serves patients in over 150 countries.

The Times of India

Maruti Suzuki carmaker misses profit estimate as supply crunch bites

India’s biggest carmaker Maruti Suzuki, reported a lower-than-expected quarterly profit as rising input costs and supply chain constraints hurt earnings.

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