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The Latest Breaking News from Supply chain

Making EVs without China's supply chain is hard, but not impossible – 3 supply chain experts outline a strategy

Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035.

The Conversation

This That music festival cancelled for 2022

NEWCASTLE'S biggest annual music festival, This That, has cancelled its 2022 edition due to economic factors. After two years of COVID-caused cancellations, This That had planned to return to Wickham Park in its preferred springtime slot on November 5. However, on Tuesday festival organisers released a statement announcing the cancellation…

Newcastle Herald

Russians warned 'run away if you want to survive war' as Ukraine launches major offensive

Ukraine has launched an offensive against Russian-held territory near the southern city of Kherson, which is believed to have disrupted the supply chain of Vladimir Putin's invading forces

Daily Mirror

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Ukrainian forces launch counter-offensive after wreaking havoc on Russia’s supply chain

Moscow’s troops are facing ground attacks while their ammunition supplies have been battered in recent weeks by guerilla and artillery strikes. At least 10 key ammo dumps have been destroyed in seven days

Daily Mirror

Companies feel burn of prolonged suspensions of operation in Russia

Six months after Russia's invasion of Ukraine, the adverse effects on Japanese companies operating in Russia are growing. Their production, shipment and sales have been suspended due to supply chain interruptions in Russia, and most of the firms have no prospect of resuming operations.

The Japan News/Yomiuri

Violence fomented by drug abuse on the rise in Kochi

Two recent murders in city linked to drugs; police plan to go up supply chain layers to trace the source

The Hindu

Maruti, India's top carmaker, open to partnerships to secure supply chain

Maruti chairman R.C. Bhargava said the company is yet to identify specific areas for an alliance in setting up and securing its future supply chain

The Hindu

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Bega Cheese profits slide but revenue grows to $3 billion as company announces full-year results

Bega Cheese shares have soared by 12 per cent after the company revealed a "milestone" revenue jump and a positive outlook for the coming year, despite a 69 per cent drop in statutory profits.

ABC News

Woolworths hopes for return to normalcy

Woolworths says supply chain disruptions, shortages, absenteeism and flooding led to financial performance that was below the supermarket giant's aspirations.

AAP

A Major Heatwave In China Is The Next Global Supply Chain Disruptor

A heatwave that's lasted for over two months as of late August, 2022, has been making things more difficult for local people, as well as multiple industries.

RideApart

Supply Chain start-up WIZ Freight to spend ₹300 crore on R&D

CHENNAI

The Hindu

Iceland boss warns food prices will get worse as we face 'perfect storm'

The boss of the frozen food chain said he expects to see further supply chain issues in the coming months

Wales Online

2 Industrial Stocks That'll Help Build Your Portfolio

The industrial sector is still struggling with supply chain constraints dampening productivity. However, strong demand for goods and acceleration in advanced technology adoption should support growth in the sector. Given the backdrop, we think investing in fundamentally sound industrial stocks Ryerson Holding (RYI) and Tennant Company (TNC) could help build…

StockNews.com

What Are The Most Innovative Cannabis Brands Out There? Benzinga's Cannabis Capital Conference Aims To Find Out

Strictly speaking, innovating in cannabis represents the improvement of a function of production or the introduction of a new material that creates value for markets. Cannabis innovation can be seen along the cannabis supply chain.

Benzinga

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Tribune News Service

If factories don't return to US now, they never will

The Chips and Science Act that President Biden signed earlier this month is just the latest indication that the planets are aligning for a return of manufacturing to the U.S. Proponents have pushed for so-called reshoring for years, but it has never quite panned out. With the supply chain crisis…

Birmingham Post

Kromek raises £1.14m from shareholders to counter future supply chain issues

The radiation tech company has now raised £2.84m from existing shareholders in two separate fundraises

Evening Standard

4 of the biggest cyber security risks we face in the UK today, according to experts

From cloud account compromise to supply chain risk, we ask security leaders in private and governmental roles about the biggest threats facing our businesses today

Evening Standard

Felixstowe: Fears strike at major port will cause shortages in run-up to Christmas

Unite boss admits there will be ‘severe’ disruptions to the supply chain caused by the strike

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Evening Standard

Price of a pint of of beer in London surging towards £14, according to analysis

A pint of beer in London is on track to hit £14 in just two and a half years if inflation and energy costs continue to surge, new research predicts.Higher energy costs, wages and supply chain issues have meant businesses have been forced to pass on costs to customers with…

Dynamite News

Vegetable prices soar in Bhubaneswar amid Odisha flood

Prices of vegetables have shot up in the markets of Bhubaneswar as several districts of Odisha have been reeling under flood, leading to crop damage and supply chain disruption. Read more on Dynamite News:

Tribune News Service

Car repair delays have dealerships, customers equally frustrated

The auto industry, like many others, is in the midst of a perfect storm of misfortunes.

The Conversation

UK strikes: how industrial action at a major port could disrupt supplies of clothing, cars and canned food

The ability to move products from A to B has been affected by COVID and Brexit-related bottlenecks in recent years, as well as rising concerns about the environmental impact of how companies supply our goods. The unpredictability of global markets has continued to affect logistics in 2022. In addition to…

Reason

The Pandemic Home-Building Boom Is Over

Builders are starting fewer new housing projects but housing construction rates remain steady. Experts say it's a product of inflation catching up with persistent supply chain problems.

Benzinga

Following Cyberattack At Ontario Cannabis Dispensary, Leafythings Proposes Changes In Supply Chain

Leafythings, a cannabis directory platform and mobile application recently proposed a supplementary independent cannabis supply chain in Ontario. Leafythings' platform is a digital aggregation of independent and regulated brands and retailers across the cannabis retail market.

Reuters

Taiwan's president says peace critical to tech supply chain stability

Peace and stability in the Taiwan Strait is critical to the stability of the global supply chain of high-tech products, Taiwan President Tsai Ing-wen told a Japanese publication, in comments published by her office on Tuesday.

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