Analysis-Mexico City mayoral race tightens on anger over water shortages
By Diego Oré MEXICO CITY (Reuters) – Just a few months ago ruling party candidate Clara Brugada looked like a shoo-in to be elected the next mayor of Mexico City. But a…
Analysis-Diesel release valve: China poised to save West from shortages again
By Laura Sanicola (Reuters) – As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from Chinese refineries to ease tight global supplies of…
U.S. hospital pharmacists ration drugs as shortages persist – survey
By Khushi Mandowara (Reuters) -Nearly a third of U.S. hospital pharmacists say they were forced to ration, delay or cancel treatments as drug shortages in the United States approach an all-time high,…
Analysis-Auto firms race to secure non-Chinese graphite for EVs as shortages loom
By Eric Onstad LONDON (Reuters) – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) batteries outpaces other…
‘No Secure Scenario’: Germany Could Face Crippling Energy Shortages When Ukraine-Russia Gas Deal Burns Out
‘No Secure Scenario’: Germany Could Face Crippling Energy Shortages When Ukraine-Russia Gas Deal Burns Out Nick Pope on June 12, 2023 The German economy and energy minister warned Monday that his country…
German supply chain shortages ease but long way to go – ifo
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 published on…
‘People Will Die’: Drug Shortages Rock Medical Industry
‘People Will Die’: Drug Shortages Rock Medical Industry Laurel Duggan on March 21, 2023 The U.S. is experiencing its worst drug shortage in 10 years due to manufacturing issues and plant closures,…
Audi to bring back lower-priced models as chip shortages ease after bumper 2022
(Reuters) – Volkswagen-owned Audi forecast sizeable revenue growth in 2023 to 69-72 billion euros ($149.53 billion) from 61.8 billion last year, but expects a more conservative earnings margin as higher costs weigh…
North Korea’s Kim convenes meeting to improve economy amid fears of food shortages
By Josh Smith SEOUL (Reuters) – North Korean leader Kim Jong Un kicked off a meeting of ruling party officials to discuss improving the country’s economy and agricultural sector, state media reported…
Fed’s Barkin: Labor shortages may persist
ROSSLYN, Va (Reuters) – The labor shortages bedeviling U.S. businesses are unlikely to be resolved quickly or easily, Richmond Federal Reserve bank president Thomas Barkin said Friday, pointing to low immigration, population…
Why Europe’s drug shortages may get worse
By Maggie Fick and Natalie Grover LONDON (Reuters) – When Ignasi Biosca-Reig heard there were shortages of amoxicillin in Spain, he quickly added shifts at his drug company’s factories to boost production…
Materials shortages decrease at German manufacturers – Ifo
BERLIN (Reuters) – Materials shortages have decreased in Germany’s manufacturing sector, a survey by the Ifo economic institute published on Thursday showed. In January, 48.4% of the companies surveyed reported problems, down…
‘They’re Ignoring What Really Matters’: Tucker Carlson Rips Biden Over Food Supply Shortages
‘They’re Ignoring What Really Matters’: Tucker Carlson Rips Biden Over Food Supply Shortages Harold Hutchison on January 30, 2023 Fox News host Tucker Carlson blasted President Joe Biden Monday over food shortages…
IMF approves $105 million to fight food shortages in Haiti
MEXICO CITY (Reuters) -The International Monetary Fund’s (IMF) executive board approved $105 million to help Haiti address severe food insecurity, the institution said on Monday, as the Caribbean country faces widespread shortages…
More than half of German companies report labour shortages
BERLIN (Reuters) – More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and Industry (DIHK) said on Thursday, in…
Parts shortages impact Kenya Airways, cause flight disruptions
NAIROBI (Reuters) -Kenya Airways is experiencing flight disruptions due to delays in securing aircraft components required for maintenance, the carrier said late on Monday. The airline, which is one of Africa’s biggest,…
Toyota’s 2022 U.S. auto sales down 9.6% on part shortages
(Reuters) – Toyota Motor Corp on Wednesday posted a 9.6% fall in its 2022 U.S. new vehicle sales as a shortage of semiconductor chips and rising costs hampered the Japanese automaker’s production…
Material shortages ease further for German manufacturers – Ifo
BERLIN (Reuters) – Material shortages eased further in Germany’s manufacturing sector towards the end of the year, according to a survey by the Ifo economic institute published on Tuesday. In December, 50.7%…
Ukraine faces ‘significant’ power shortages after Russian attacks
By Pavel Polityuk KYIV (Reuters) – Ukraine enforced new emergency power cuts on Thursday as it tried to repair energy infrastructure damaged in Russian air strikes which the national grid operator said…
FDA ready to deal with drug shortages amid wave of respiratory illnesses -White House
WASHINGTON(Reuters) – The U.S. Food and Drug Administration stands ready to provide support in event of potential drug shortages amid a wave of respiratory illnesses, White House spokesperson Karine Jean-Pierre said on…
Malawi cuts 2022 growth forecast on power shortages and inflation
By Frank Phiri BLANTYRE (Reuters) -Malawi has lowered its 2022 growth forecast to 1.7% from 4.1% due to problems with power generation and rising inflation that have piled pressure on the economy,…
Biden’s Proposed Plan To Address Diesel Shortages Could Hike Prices Even Further
Biden’s Proposed Plan To Address Diesel Shortages Could Hike Prices Even Further Jack McEvoy on November 15, 2022 President Joe Biden is proposing a plan that would require fuel suppliers to maintain…
UK’s Hunt: labour shortages more of an issue than Brexit for economy
LONDON (Reuters) – Britain’s labour force shortages are more of an issue for the economy than Brexit, finance minister Jeremy Hunt said on Sunday, adding that he would seek to address constraints…
IEA says Europe must act now to avoid winter 2023 gas shortages
By Nora Buli OSLO (Reuters) -Europe needs to act now to avoid a natural gas shortage next year given the loss of Russian supply and expectations Chinese demand will increase, the International…
Volkswagen: we have never had supply chain shortages like today
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 Aksel said…
FSC Franchise Co. Is on Track To Have a Record Year Despite Industry-Wide Challenges and Shortages
The Tampa company behind The Brass Tap and Beef ‘O’ Brady’s defies odds with increased revenue and a projected record number of franchise sales. Tampa, FL (-) Despite the impact of the…
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