Supply Chain

As concerns of a global food crisis heighten, Ukraine was granted access on Monday to ship its first container of grain, carrying 26,000 metric tons of corn from the port of Odessa to Tripoli, Lebanon, according to the Wall Street Journal. The deal states that Ukrainian and Russian ships...

Semiconductor company Qualcomm Inc (NASDAQ: QCOM) reported third-quarter results after the market close Wednesday. Here are the key highlights and exclusive comments from Chief Financial Officer Akash Palkhiwala. What Happened: Qualcomm reported third-quarter revenue of $10.9 billion, up 37% year-...

Beijing's official growth target for the year is roughly 5.5%, but analysts are projecting China’s gross domestic product to grow by 4% this year, a miss that has not happened since 2015, according to Reuters. What Happened: Many key cities in China such as Shanghai have come out of...

The German government agreed on Friday to bail out Uniper Energy (OTC: UNPRF), the country's largest importer of gas and one of the largest utility companies in Europe. What Happened: Due to the Russia-Ukraine War, oil supplies have been tight and expensive for the European Union. The Kremlin...

While only a minority of central banks currently have specific sustainability responsibilities, a majority are performing greater climate risk management roles, particularly as it relates to mitigating climate risks that challenge the stability of the financial system. The reason is that neither...

U.S. consumers are showing resilience in the face of high inflation, according to retail sales numbers from Tuesday morning, which came in higher month-over-month. Although consumer spending is strong, supply constraints continue to present challenges, but GXO...

By Martin Kotula U.S. prices rose at an annual rate of 8.5% in March, the biggest year-over-year jump in 41 years. The costs of doing business are going up accordingly. Inflation can seem like an irresistible force of nature, a macroeconomic tide lifting and lowering all boats regardless of...

By Rashida Salahuddin The need for more corporate responsibility has evolved for today’s corporations and the next generation of business leaders in the form of environmental, social and governance (ESG). Investors, activists, and regulators are now requiring proactive, community-...

By Neil Debenham The Covid 19 pandemic significantly affected businesses and induced numerous permanent companies closures worldwide but as society returns to normal, businesses now face a new volatile backdrop caused by Russia’s invasion of Ukraine.   Oil prices have recently...

Volkswagen Group (OTC: VWAGY)-owned Porsche has paused production of electric cars at its Stuttgart-Zuffenhausen plant in Germany due to supply chain issues following Russia’s invasion of Ukraine. What Happened: The automaker said it had suspended production of its...

Protests by truckers in Canada could have a major impact on trade between the United States and Canada and are now impacting the automotive industry. What Happened: On Wednesday, a Ford Motor Co (NYSE: F) factory shut down due to a blockade on the Ambassador Bridge. Other auto companies are bracing...

Supply chain issues have hurt the availability and sales numbers of the Playstation 5, the newest console from Sony Group Corp (NYSE: SONY), but the company may have a temporary solution for gamers. What Happened: Sony has been struggling with supply constraints of its Playstation 5, which was...

An artificial intelligence-enabled platform for the supply chain is going public in a SPAC deal announced Monday morning. The SPAC Deal: Symbotic announced a SPAC Deal with SVF Investment Corp 3 (NASDAQ: SVFC), a SPAC from Softbank Group (OTC: SFTBY). The deal values Symbotic at a pro forma...

Investors, shoppers and company executives don’t have to look far to hear about chip shortages and supply chain issues heading into the holiday season. A new report shows that using repaired electronics could help with the issues being caused ahead of the holidays. What Happened: Out-of-stock...

Supply chain challenges have hit companies worldwide with tech giant Apple, Inc. (NASDAQ: AAPL) as no exception to these issues. Cyber Monday Confirms Supply Tightness: Entering Black Friday, lead times for 10 Apple products suggested a wider demand-supply gap than what was suggested by...