NY Fed index shows global supply chain pressures eased further in March
By Michael S. Derby NEW YORK (Reuters) – International supply chain stress continued to ease last month, the Federal Reserve Bank of New York said on Thursday, in data that…
By Michael S. Derby NEW YORK (Reuters) – International supply chain stress continued to ease last month, the Federal Reserve Bank of New York said on Thursday, in data that…
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) – The number of corporate employees McDonald’s Corp plans to lay off this week will tally in the “hundreds,” a source…
BERLIN (Reuters) – German manufacturers are seeing fewer material shortages but Europe’s largest economy is still a long way away from an ideal supply situation, according to an economic survey…
(Reuters) – CVS Health Corp will enhance its data privacy disclosures following a shareholder proposal that asked the pharmacy chain to address concerns around threats to customers’ reproductive health data,…
TOKYO (Reuters) – Japan will sign a mineral supply chain agreement with the United States that will give U.S. tax incentives for electric vehicles made with metals processed in Japan,…
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that supply chain pressures and shipping costs were coming down and were eventually likely to bring down inflation. She…
TOKYO (Reuters) – Japan and Canada are discussing collaboration on building strong supply chains for battery metals, Japan’s industry minister, Yasutoshi Nishimura, said on Tuesday. A public-private mission led by…
By Rajesh Kumar Singh CHICAGO (Reuters) – When General Electric Co’s investors gather on Thursday, the focus will be on the company’s loss-making renewable energy business as well as persistent…
(Reuters) – The U.S. Food and Drug Administration (FDA) said on Friday there was no indication that contaminated cough and paracetamol syrups that caused deaths of children in Gambia last…
AVALON, Australia (Reuters) – Boeing Co’s defence business is facing some of the same supply chain challenges as its commercial business, including delays in receiving parts, an executive said on…
NEW YORK, NY – Police in the Bronx are searching for a man who engaged in a dispute with a 37-year-old victim before attacking him with a bike chain. According…
PARIS (Reuters) – French jet engine maker Safran on Friday backed plans by Airbus to raise its core single-aisle production above 65 jets a month, but warned that fragile global…
(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher costs and lingering supply chain bottlenecks. The Reston, Virginia-based company…
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(Reuters) – Johnson Controls International reported lower-than-expected first-quarter revenue on Wednesday, as the provider of heating and air-conditioning systems for offices, hospitals and schools struggled with supply chain logjams. The…
By Nichola Groom (Reuters) -South Korean solar energy company Qcells on Wednesday said it would invest $2.5 billion to expand its manufacturing capacity in the United States, creating as many…
(Reuters) – Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with eFactor Network for mining companies in Mexico. “Trafigura’s suppliers of…
By David Shepardson WASHINGTON (Reuters) – The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China’s Xinjiang region after a new report…
WASHINGTON– U.S. Customs and Border Protection (CBP), will collaborate with 13 partner government agencies to deploy a Global Business Identifier (GBI) pilot program that will test the concept of a…
Seattle – A 57-year-old Seattle woman who embezzled more than $2.1 million from her long-time employer was sentenced today in U.S. District Court in Seattle to a year and a…
By Tim Hepher BRUSSELS (Reuters) – Airbus will have a clearer picture on 2022 deliveries by the end of November but the supply chain environment “remains very complex”, Chief Executive…
(Reuters) – Tuesday’s massacre at a Virginia Walmart was the latest in a series of gun violence episodes at the retail giant’s stores in recent years. Here is a partial…
(Reuters) – A fragile supply chain marred by geopolitical tensions could hit the planned expansion of electric vehicle (EV) battery production, slowing EV adoption, S&P Global Mobility warned in a…
BERLIN (Reuters) – Volkswagen’s chief executive warned on Friday that supply chain problems were now the rule and not the exception, with the carmaker sitting on 150,000 unfinished vehicles because…
By Victoria Waldersee BERLIN (Reuters) -Volkswagen is entering into direct purchase agreements in unprecedented areas to tackle the worst supply chain shortages the company has seen, its purchasing chief Murat…