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The Latest Breaking News from Supply chain

Russia–Ukraine war has nearly doubled household energy costs worldwide – new study

The Russia–Ukraine war has exacerbated an energy crisis that directly affects the costs of heating, cooling, lighting and mobility, and indirectly pushed up the costs of other goods and services throughout global supply chains. While all households are affected, they are affected in different ways depending on their income, how…

The Conversation

Airbus chalks up record profits despite supply chain woes

European aircraft manufacturer Airbus made record profits in 2022, even in the face of supply chain problems.

Radio France Internationale

Airbus earnings up despite supply chain issues impacting output

The aerospace giant which employs thousands of people at its UK sites in South Gloucestershire and North Wales has announced its production target for commercial aircraft in 2023

Birmingham Post

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UK rehearsing economic fallout scenarios if China invades Taiwan

Exclusive: Whitehall officials planning strategy to tackle disruption to global supply chains in the aftermath of an attack

The Guardian - UK

Floating trade views amid balloon snafu

Geopolitical tensions are expected to ratchet up after American jets downed four flying objects in the past 10 days, including a suspected Chinese spy balloon off the Carolina coast on Feb 4.

Bangkok Post

3 Defense Stocks to Buy Amid Rising Global Tension

Despite supply chain disruptions brought on by the pandemic, the defense industry is expected to recover and witness significant growth in 2023, driven by new, advanced technologies, improved business models, and favorable government investments amid growing geopolitical tensions. Since Boeing (BA) is still struggling with supply chain issues and incurring…

StockNews.com

2 Wholesale Stocks You Shouldn't Hesitate to Buy in 2023

The wholesale industry is poised to grow significantly this year owing to growth in e-commerce, easing supply chain disruptions, and improved economic growth outlook. Hence, it could be wise to add fundamentally stable wholesale stocks Kroger (KR) and BJ's Wholesale Club (BJ) to your portfolio this year. Keep reading….

StockNews.com

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Ford details $3.5 billion electric vehicle battery plant to be built in Michigan

ROMULUS, Michgan — Ford Motor Co. signaled Monday that Michigan will play a central role in the Dearborn automaker's bid to secure its electric-vehicle supply chain and diversify its battery technologies.

Tribune News Service

Gabrielle a curveball for supply chain recovery

The cyclone has seen ports closed for multiple days ahead of a landmark day for the supply chain.

Newsroom.co.nz

Farmers, freight and councils call for road network rebuild after months of flooding

A new rural roads alliance says an already strained supply chain is further being strangled by an inadequate national road network and it's calling on the federal government to pay attention.

ABC News

Northern Ireland new car sales jump as supply chain issues continue to ease

A total of 4,687 new cars were registered in the province last month

Birmingham Post

Battery recycling firm wins $2B loan from Energy Department

A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration

The Independent UK

Zytronic dogged by supply chain issues but remains upbeat about market opportunities

The Blaydon firm said it was forced to turn to the grey market and 'cannibalisation' of its finished products to source components

Birmingham Post

Direct-to-consumer shift puts supply chain agility in the spotlight once more

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

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StockNews.com

3 Logistics Stocks to Add to Your Portfolio This February

The logistics industry has recovered significantly from pandemic-related challenges and is poised to witness solid growth in the foreseeable future, driven by the rapid adoption of advanced technologies and redesigning of supply chains. Therefore, it could be wise to add quality logistics stocks Kuehne + Nagel (KHNGY), Universal Logistics (ULH),…

Birmingham Post

THG, Steven Bartlett and Home Bargains: The 13 latest North West deals you should not miss

A range of businesses from across the region have announced major deals over the last week

Birmingham Post

30 jobs lost as East Midlands construction firm goes bust

Collapse blamed on 'extremely difficult trading conditions', supply chain issues caused by Covid and cash-flow challenges

RideApart

Polaris Announces 21-Percent Sales Surge In Q4 2022

Polaris releases its Q4 2022 sales report, indicating that the company enjoyed a 21-percent sales surge thanks to easing supply chain issues.

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The Guardian - US

Tech giants Apple, Amazon and Alphabet post disappointing results

Facebook parent company Meta bucks trend with better earnings than expected, as Apple sees first profit miss in seven years

StockNews.com

3 Auto Stocks That Are Better Buys Than Mullen

As inflation shows signs of easing, supply chain issues subside, and consumers transition to EVs, the automotive industry is expected to witness a rise in demand. Therefore, it could be wise for investors to buy fundamentally strong auto stocks Volkswagen (VWAGY), Honda Motor (HMC), and Mazda Motor (MZDAY) over fundamentally…

WEKU

How 'modern-day slavery' in the Congo powers the rechargeable battery economy

Phone and electric car batteries are made with cobalt mined in the Democratic Republic of Congo. Cobalt Red author Siddharth Kara describes the conditions for workers as a "horror show."

Axios

Biden's electric-car push is already working

The White House's plan to jump-start a domestic supply chain for electric vehicles is on track to shatter expectations.

Insider UK

'Urgent action needed' to help firms accelerate low carbon energy shift

Industry body calls on government to provide a stable regulatory and fiscal framework

Fortune

Chip giant ASML will have to help the U.S. stymie Chinese production

Details remain unclear, and CEO Peter Wennink has warned that a broad ban could hammer supply chains.

Tribune News Service

GM reports nearly $10 billion in profit in 2022 despite headwinds

General Motors Co. booked $9.9 billion in net income last year, down from 2021's $10 billion despite chronic supply chain woes, rising interest rates and a slowing economy.

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