The Latest Breaking News from Supply chain

Apple Inc (NASDAQ: AAPL) is reportedly making changes to its camera supply chain management and that could mean an upgrade to “high-end standards” for the upcoming iPhone's selfie camera. 

Pfizer Inc (NYSE:PFE) will sell over 20 patent-protected drugs and vaccines at not-for-profit prices to 45 of the world's poorest countries. Under the program, Pfizer will begin shipping the medicines first to Ghana, Malawi, Rwanda, Senegal, and Uganda before the end of this year, Chief Executive Albert Bourla said in an interview. This will…

The war in Ukraine, supply chain problems, inflation, and labour shortages have been dominating the agenda at the World Economic Forum in Davos, where business and political leaders pitch investment and global collaborations. FRANCE 24 Business Editor Kate Moody has been speaking to Martin Shanahan, CEO of IDA Ireland, about…

One is product shortages, as with the shortage of personal protective equipment early in the pandemic and recently with infant formula. But are we willing to pay higher prices for less reliance on the global supply chain?

Despite the intensified supply chain disruptions caused by the Ukraine-Russia war, the chemical industry delivered impressive financial results in the first quarter of 2022. Moreover, extensive demand for chemicals across various industries could help the sector rebound in the near term. Therefore, quality chemical stocks Huntsman Corporation (HUN) and AdvanSix…

Stellantis NV (NYSE:STLA) and Samsung SDI have signed a binding, definitive agreement to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana. The joint venture will invest more than $2.5 billion (€2.3 billion) and create 1,400 new jobs in Kokomo and the surrounding areas. The investment could gradually increase up to $3.1 billion (€2.9…

Shanghai is slowly emerging from a gruelling COVID lockdown that has all but immobilised the city since March. Although Shanghai’s port, which handles one-fifth of China’s shipping volumes, has been operating throughout, it has been running at severely reduced capacity. Many shipments have either been cancelled, postponed or rerouted to…

VW Group CEO Diess shared that once the supply chain issues are resolved, it should help Volkswagen to start ramping up momentum once again.

Volkswagen AG (OTC:VWAGY) CEO Herbert Diess said Volkswagen can overtake Tesla, Inc. (NASDAQ:TSLA) as the world’s largest seller of electric vehicles by 2025, CNBC reported. Stabilizing supply chain woes would help the German carmaker to increase production in the coming months, the CEO said. He expects some relief from the semiconductor supply market to…

Caladrius Biosciences Inc (NASDAQ:CLBS) suspended patient enrollment in its Phase 2b FREEDOM Trial of Xowna for coronary microvascular dysfunction (CMD).  As previously communicated, the pandemic impacted the enrollment in the FREEDOM Trial coupled with supply chain issues making enrollment much slower and challenging to accelerate.  The FREEDOM trial enrolled approximately one-third of the…

With world leaders at Davos set to discuss energy independence and sustainability, Germany's economy minister says an EU ban on Russian oil could be "days away". Meanwhile, supply chain disruptions to the world economy are also on the agenda. FRANCE 24's Business Editor Kate Moody reports from the Swiss Alps.