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The Latest Breaking News from Supply chain

Supply chain recovery threatened by high labour costs

Supply chain issues are falling down the list of concerns for Australian businesses although expensive labour is still driving up costs.

The New Daily

Labour costs threaten easing supply chains

The worst of the supply chain challenges have passed but labour costs, energy prices and China's strict COVID-19 policy continue to cause problems.

AAP

£17.6 million support programme set to fuel green heat economy

Scottish Enterprise aims to deliver funding for innovation within the Scottish supply chain

Insider UK

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How investors can help send modern slavery bust

Two groups have the power to hold businesses to account in cleaning up their supply chains. Now government needs to step up.

360info

Anthony Albanese invites US President Joe Biden to speak to Australian parliament

Anthony Albanese sits down with Joe Biden on the sidelines of the East Asia Summit in Phnom Penh, discussing regional security, Ukraine and global supply chains.

ABC News

US Treasury Secretary Yellen looks to India for ‘friend-shoring’

Mutual concern over China has drawn US and India closer in recent years, including to reorient supply chains.

Al Jazeera

1 Pitiful EV Stock to Sell Before 2022 Ends

Mullen Automotive (MULN) shares have fallen 97.9% from their 52-week high amid the uncertain macroeconomic environment. While solid EV demand and favorable government incentives are significant tailwinds for the industry, the company is expected to struggle further amid high inflation, supply chain issues, rising raw material costs, and stiff competition.…

StockNews.com

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Irish pubs will 'turn Heineken taps off' in response to pint price hike

The drinks company warned pub owners on Friday that they would be increasing keg prices by the equivalent of 17c per pint from December 1 due to the "unprecedented cost increases across the entire supply chain"

Irish Mirror

£17.6m funding boost for green heating scheme will bring 'social and economic value'

The zero carbon buildings minister set out a plan on Friday to grow the green heating sector in Scotland

The National (Scotland)

Renewable energy boom faces up to critical minerals shortage

To reach net zero targets, the UK must secure supply chains of the raw materials required for crucial battery storage systems

Insider UK

Yellen visits India to shore up US-Indo-Pacific partnerships

Supply chains, Russia’s war in Ukraine and the impact of COVID-19 are top of mind for U.S. Treasury Secretary Janet Yellen as she prepared to meet with Indian leaders in New Delhi

The Independent UK

China seeks upgrade of massive trade zone with Asean amid US hostility

China is expected to start talks with Southeast Asian nations about an upgrade to their giant free-trade zone in a potential boost to the stability of Beijing's manufacturing supply chains amid mounting rivalry with the United States.

Bangkok Post

3 Food Processing Dividend Stocks That Could Benefit From Food Shortages Driven By Russia-Ukraine War

With global supply chain shortages impacting nearly every sector of the economy in the past two years, will global food shortages worsen? As the U.S.

Benzinga

1 Auto Parts Stock to Buy This Week and 1 to Avoid

The auto parts industry witnessed a slowdown due to supply chain issues and a halt in automobile production. However, increasing consumer interest in advanced auto technologies should help the auto parts market grow. While investors could consider adding auto parts stock O’Reilly Automotive (ORLY) to their portfolios, Aeva Technologies (AEVA)…

StockNews.com

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Newsroom.co.nz

Shipping congestion will ease once recession hits

Though economic contraction creates a raft of issues, a recession will see demand for freight pull back.

Tribune News Service

New car and truck sales in California down 16.1% this year

SAN DIEGO — Economic headwinds combined with lingering supply chain constraints have resulted in a sales dip of 16.1 percent in new car and trucks sales in California through the first three quarters of this year compared to the same period in 2021.

Benzinga

These 3 European Companies Could See Their Dividend-Paying Stocks Benefiting From Strong Dollar

As the war in Ukraine rages on, European companies are facing a tough macroeconomic environment with global interest rates rising, a strong dollar weakening the euro, and supply chain crunches.

StockNews.com

3 Fertilizer Stocks to Buy That Can Weather Any Storm

The supply chain bottlenecks in the fertilizer industry, caused by geopolitical unrest, have pushed up prices. However, the administration is aiming to increase production through grants. Hence, it could be wise to load up quality fertilizer stocks Nutrien (NTR), CF Industries (CF), and Mosaic Company (MOS) now. Read on….

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The Guardian - UK

Global inflation may be close to its peak, IMF director says

Kristalina Georgieva cautions that supply chain disruption could cause persistent pressure in living costs

Roll Call

Diesel shortage fears drive GOP swipes at Biden energy policy - Roll Call

The U.S. diesel supply reached its lowest levels since 2008 at the beginning of November, stirring panic over the supply chain and fuel prices.

StockNews.com

4 Auto Stocks Investors Should Hit the Brakes on Now

Despite soaring demand, the auto industry has been bogged down by macroeconomic challenges, chip shortages, and supply chain disruptions. Given these factors, it could be wise for investors to back off from investing in fundamentally weak auto stocks Rivian Automotive (RIVN), Canoo (GOEV), Faraday Future Intelligent Electric (FFIE), and Mullen…

Bangkok Post

China, Vietnam sign 13 deals, and 1 stands to reshape economic relations

China and Vietnam, communist neighbours that both depend heavily on manufactured exports, have signed a deal to improve a crucial but recently frayed supply chain in a particular boost to the Vietnamese side.

AAP

Vehicle sales jump as supply issues ease

The Federal Chamber of Automotive Industries has reported a jump in new vehicle sales for October as the industry continues to overcome supply chain issues.

Insider UK

Onshore application submitted for world's largest floating wind farm

Developer is holding an event later this month to discuss supply chain opportunities for local firms

Benzinga

Regrow And Viridi Farms, A Partnership Seeking To Solve Compliance Challenges With Metrc Integration

Regrow, a premier supply chain management cloud platform designed for the cannabis industry recently announced a partnership with Viridi Farms, a farm support services company providing compliance, operational services and cultivation expertise. It also offers Metrc services to farms in the cannabis industry.

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