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The Latest Breaking News from Supply chain

IKEA calls 2022 an 'exceptional year' despite challenges

Swedish home furnishings giant IKEA says that despite “unprecedented challenges” caused by the war in Ukraine, supply chain disruptions, increased inflation and lingering fallout from the COVID-19 pandemic, 2022 had been an “exceptional year.”

The Independent UK

Peru aims to formalize artisanal gold miners, minister says

Peru plans to formalize small-scale gold miners, mining minister Alessandra Herrera said on Tuesday, amid growing international pressure to shed light on the supply chain of the precious metal in South America's top producer.

Reuters

If Taiwan is safe, chip supply chains will be secure, says Taiwan minister

Taiwanese Minister for Economic Affairs Wang Mei-Hua said on a visit to the United States on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure.

Reuters

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Commentary: Here’s how companies can strong-arm their suppliers into cutting carbon emissions

The Inflation Reduction Act is both the most important federal climate legislation ever and sadly inadequate to protect the U.S. and the world from the effects of climate change. Where it falls short, states could intervene with tougher regulations — but many won’t. That leaves corporations, which can pressure their…

Los Angeles Times

Crown Estate refines five areas mapped in Celtic Sea for floating offshore wind

The authority has reduced the size of three of the original five areas and removed two ahead of the leasing round

Birmingham Post

3 Solar Stocks to Sell, Liquidate or Avoid in Q4

The solar industry has been growing amid the increasing focus on clean energy. However, the sector is crippled by supply chain and trade issues. Given the near-term challenges, we think it could be wise to steer clear of fundamentally bleak solar stocks First Solar (FSLR), Sunrun (RUN), and Beam Global…

StockNews.com

Output down across Wales' private sector, says NatWest

Lower business activity was linked to supply chain issues and weak client demand

Birmingham Post

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NT Logistics Advisory Council meets over supply chain preparedness as La Niña kicks in

With a third consecutive La Niña weather event underway, there are concerns not enough is being done to ensure essential goods can continue to be delivered to the Northern Territory in the event of heavy rain.

ABC News

Jim Ratcliffe’s attempt to rival Land Rover Defender racks up steep losses

Ineos Automotive’s plans for Grenadier 4x4 hit by global supply chain disruption

The Guardian - UK

India, Taiwan should consider finalising FTA as soon as possible: Taiwan Government Representative

Taiwanese representative said Taiwan has been actively pursuing FTA with like-minded trading partners including India and reaffirmed Taipei's focus on supporting the rules-based international order

The Hindu

China says Biden’s new chip technology curbs will harm recovery

China criticized expanded U.S. restrictions on its access to semiconductor technology, saying they’ll harm supply chains and the world economy.

Tribune News Service

2 Semiconductor Stocks That Are Not Bear Market Bargains in 2022

The semiconductor industry is crippled by persistent supply chain disruptions and increased government regulations. Moreover, declining consumer spending due to the weak economic outlook has also impacted the industry. And we think semiconductor stocks, Advanced Micro Devices (AMD) and Marvell Technology (MRVL), are not bear market bargains this year. Let’s…

StockNews.com

Company insolvencies hit 13-year high in England and Wales

ONS says soaring energy costs and supply chain problems forced 5,629 firms to go bust in second quarter

The Guardian - UK

Taiwan economy minister to address 'concerns' during US visit

Taiwan Economy Minister Wang Mei-hua will visit the United States next week to respond to what her office called "concerns" about supply chains and geopolitical issues and will also visit U.S. tech firms that are major customers of Taiwanese semiconductor companies.

Reuters

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Birmingham Post

North East automotive supply chain woes as chip shortages and Covid fallout continues to bite

Several of the region's biggest car component manufacturers have reported downbeat results in recent days

Birmingham Post

RWE and Marine Power Systems partner for Celtic Sea offshore wind opportunities

RWE is currently preparing to bid for the Crown Estate Celtic Sea seabed leasing round in 2023

StockNews.com

4 EV Stocks You Don't Want to Hitch a Ride Within 2022

Despite growing EV demand and supportive government policies, the industry has been struggling with numerous challenges, including supply chain issues, chip shortages, material inflation, and inadequate charging infrastructure. So, considering the headwinds, we think it could be wise to avoid fundamentally weak EV stocks Lucid (LCID), Nikola (NKLA), Faraday Future…

InsideEVs

Ford F-150 Lightning Pro Sees New Price Hike, Now Starts At $53,769

Ford blames "ongoing supply chain constraints and rising material costs" for the price hike, says only the Pro trim is seeing an additional increase for now.

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Motor1

Ford Increases Lightning Base Price For Second Time In Two Months

The company is citing ongoing supply chain issues for the price rise.

Chronicle Live

Greggs put up price of sausage rolls due to inflation - and fans are not happy

Sausage rolls are now costing £1.15 in most Greggs stores, prompting customers to comment on the price change on social media

The Independent UK

Big Brazilian gold refiner delisted amid Amazon mining probe

One of Brazil’s biggest gold refiners, which processes gold suspected of being mined illegally in the Amazon rainforest, has been stripped of an important industry seal of approval that global manufacturers from Apple to Tesla rely on to root out abuses in their supply chains

Radio France Internationale

Paris Perspective #34 - Turning supply chains green in a time of crisis - Reuben Fisher

This edition of Paris Perspective looks at what France needs to do to achieve its carbon-neutral goals by 2050. Is it possible to decarbonise the country's supply chains from A to Z, while facing ever more challenging economic and logistic hurdles?

Daily Mirror

Greggs hikes price on iconic sausage rolls due to supply chain troubles

Bakery chain Greggs has put up prices on its flagship sausage rolls by 5p, with the item now costing £1.15, and fans have taken to social media to tell of their disappointment

StockNews.com

2 Green Energy Stocks That Have Lost Their Value in 2022

The green energy industry is expected to grow significantly in the coming years, thanks to sustained demand for renewable energy amid rising climate concerns worldwide, technological advancements, and increasing government and corporate investments. However, input price inflation, supply chain disruptions, and broader market jitters have adversely impacted many fundamentally weak…

Birmingham Post

Pensana paves the way for supply deal for 25 per cent of rare earths refined at Saltend

Markets informed of progress in magnet metal supply chain

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