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The Latest Breaking News from Supply chain

Southeast Asia the ‘new China’ for supply chains: business group

ASEAN Business Advisory Council chairperson Arsjad Rasjid says region should be ‘supply chain of the world’.

Al Jazeera

Cool it: Australia's biggest cold trucking firm has collapsed, but reports of a supermarket supply disaster are overheated

If there’s any lesson from the past three years of supermarket shortages, it’s that it pays to stock up on a few favourite items at all times (if you’ve got room in your pantry or freezer) and to be flexible in your choices of products and brands.

The Conversation

Sub builder Electric Boat is in the midst of a 'once in generation expansion.' Can that expand to serve an international goal?

GROTON, Connecticut – Electric Boat hired 3,700 shipbuilders last year. It wants to hire more than 5,000 this year and just as many every year for decades into the future.

Tribune News Service

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Decarbonisation in a downturn

Companies today face geopolitical upheavals, supply chain disruption, inflation and the threat of recession. Despite this perfect storm, their commitment to decarbonisation hasn't fundamentally wavered. The number of companies embracing science-based targets is continuing to grow at a rapid pace.

Bangkok Post

Fiber-Optic Network Gear Maker Expects Market Share Gains

Ciena reported January-quarter profit and revenue that topped analyst estimates as supply chain problems eased.

Investors Business Daily

As cyber attacks on health care soar, so does the cost of cyber insurance

As health systems' balance sheets continue to get battered by poor investment returns, soaring workforce and supply chain costs, and soft revenue, they are grappling with another unwieldy financial problem: soaring cyber insurance costs.

Axios

Hornsea Three offshore wind farm could be put on hold if help with soaring costs doesn't emerge

Additional government support sought for industry to allow Orsted's next project to emerge off the Humber

Birmingham Post

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Arco's sales stay ahead of pre-pandemic levels as inflation and supply chain issues soften profits

Margins squeezed after record year for fifth-generation Hull firm

Birmingham Post

Independence would give communities 'legal right' to benefit from wind farms

SCOTLAND’s energy secretary has said he would make it compulsory for developers of onshore wind farms to ensure local communities benefit from the…

The National (Scotland)

Aston Martin losses more than double amid hopes for turnaround in 2023

Sportscar maker’s £495m loss in 2022 follows spending on new models and supply chain problems

The Guardian - UK

Credit Suisse ‘seriously breached’ obligations on Greensill, says regulator

Swiss bank is seeking to recover $10bn of funds linked to collapsed supply chain finance firm

The Guardian - UK

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

Yes, we have no tomatoes: Why shelves are emptying in UK stores

From fresh produce to medicines and computer chips, a cocktail of problems is playing havoc with supply chains

The Guardian - UK

New home builds becoming more expensive amid increasing cost of glass, cement, aluminium

No sign of new home builds getting cheaper as prices for energy-intensive materials such as concrete and glass continue to rise, despite supply chain delays easing.

ABC News

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StockNews.com

Should You Avoid This Auto Stock as Layoff Headlines Erupt?

Shares of EV manufacturer Rivian (RIVN) are now trading more than 70% below its 52-week high as the company continues to suffer from supply chain issues and other macro headwinds. Moreover, it faced a year of huge losses and missed its 2022 production target. Following recent price cuts by major…

The Conversation

Inflation in the Eurozone: is it persisting or falling?

In 2022, the annual inflation rate hit a record level (8.4%) since the Eurozone’s creation in 1999, mostly because of disruptions in the global supply chain and by the energy crisis provoked by the conflict in Ukraine.

Investors Business Daily

SPS Commerce, IBD Stock Of The Day, Shows Resilience In Tough Climate

SPS Commerce is the IBD Stock Of The Day as the supply chain management software provider shows strength in a turbulent market.

Birmingham Post

Tech components firm Gooch and Housego expects inflation to hit profits

The Somerset-based manufacturer said it had made 'steady' progress in reducing lead times after increasing production capacity

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Bangkok Post

US strategy won't deter China's rise

After President Joe Biden took office, the United States' "Indo-Pacific Strategy" (IPS) --which was officially proposed by former president Donald Trump in November 2017 -- showed a new trend. This recent trajectory includes expanding overseas military bases to deter China's rise at sea, competing against its Belt and Road Initiative…

Wales Online

The empty shelves in Welsh supermarkets as shortages take hold

There is a lack of fresh produce in some supermarkets due to supply chain issues

StockNews.com

Is Now the Time to Go All in on ChargePoint Holdings?

EV charging solutions provider ChargePoint (CHPT) reported solid revenue growth in the last reported quarter. However, the company’s solid top-line performance didn’t translate to bottom-line growth. Also, analysts seem bearish about its near-term prospects since it is expected to continue suffering from high inflation, stiff competition, and supply chain issues.…

Bristol Post

DHL defends Bristol health and safety change after cyclist says it's a 'joke'

DHL Supply Chain says it’s all about safety for cyclists and walkers

Insider UK

Singaporean group signs deal to establish manufacturing facility in Aberdeen

Mooring solutions company will work with ETZ on finding a site, employing staff and making supply chain connections

The Guardian - UK

War, drought, staff shortages: why the price of milk has soared in the UK

Wholesale milk price hit all-time record in December, after months of farmers absorbing higher costs

Birmingham Post

Contractors in Tolent supply chain could be owed more than £50m, industry groups say

Construction organisations have outlined support they are offering - while counting up the cost of Tolent's failure to SMEs

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