Shipping Giant Expeditors Forced To Shut Down Operations After Cyber Attack Ailan Evans on February 23, 2022 Shipping and logistics giant Expeditors was hit by a cyber attack over the …
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LG Abandons Solar Panel Business Amid Supply Chain Issues, High Costs Thomas Catenacci on February 23, 2022 South Korean technology company LG Electronics announced Wednesday that it would abandon its …
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LONDON – Aluminium and nickel prices hit multi-year highs on Tuesday after Russia ordered troops into two breakaway regions of eastern Ukraine, raising fears of war and sanctions on Moscow …
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– German Chancellor Olaf Scholz halted certification of the Nord Stream 2 gas pipeline designed to boost Russian gas supply to Germany on Tuesday after Russia formally recognised two regions …
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– The Centers for Disease Control and Prevention (CDC) has awarded Palantir Technologies Inc a $5.3 million contract to manage distribution of COVID-19 drugs in the United States, the software …
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WASHINGTON, D.C. – Vice President Kamala Harris is warning Americans to brace for even higher energy costs as the crisis between Ukraine and Russia continue into the spring. Last week, …
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By Lisa Barrington DUBAI – Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday, …
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There is a Freedom Convoy starting this weekend by truckers facing harsh restrictions in California and the rest of the United States. In the spirit of the trucker’s convoy that …
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LOS ANGELES – There are plans for a series of truck convoys to arrive in Washington D.C. around the time of the State of the Union address to be given …
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By Sudarshan Varadhan NEW DELHI – A global supply crunch of electrolysers needed to produce green hydrogen and a lack of domestic manufacturers to make them pose a major challenge …
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– Roku Inc reported quarterly revenue on Thursday that missed estimates, as the company was hit by supply chain issues that affected sales of television sets and its own streaming …
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By Belén Carreño MADRID – Exports of Spanish goods soared 21.2% last year to surpass pre-pandemic levels despite global supply chain problems and the impact of Brexit, although Spain’s trade …
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The Biden administration missed another deadline to hold quarterly onshore oil drilling lease sales after a federal court ruled it was legally required to do so. The Department of the …
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By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw …
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WASHINGTON – Sixteen groups representing the U.S. construction industry sent a letter to the White House opposing a recent executive order signed by President Joe Biden requiring “project labor agreements” …
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NASHVILLE – Medicare reimbursement consultant Ted Albin and his wholly-owned consulting and billing firm Grapevine Billing and Consulting Services Inc. (Grapevine), both based in Stuart, Florida, have agreed to pay …
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By Mark John – Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and compressed corporate margins could finally start …
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By Alexandra Alper and Karen Freifeld WASHINGTON – The White House is warning the chip industry to diversify its supply chain in case Russia retaliates against threatened U.S. export curbs …
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By Christoph Steitz and Tom Käckenhoff FRANKFURT – Thyssenkrupp said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and …
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By Mehr Bedi – A nearly three-month long labor strike at Kellogg’s U.S. cereal plants is expected to dent profit margins already under pressure from steep costs driven by global …
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Republican Texas Sen. Ted Cruz said Sunday he was demanding the Federal Trade Commission (FTC) investigate crowdfunding site GoFundMe after it shut down a fundraiser supporting truckers protesting Canadian COVID-19 …
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By Muyu Xu and Karolos Grohmann BEIJING – China will increase the supply of merchandise featuring “Bing Dwen Dwen”, the panda mascot of the Beijing 2022 Winter Olympics, the organising …
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BEIJING – Russian President Vladimir Putin arrived in Beijing on Friday for the 2022 Winter Olympics and a meeting with Chinese President Xi Jinping, bringing with him a deal to …
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Jonathan Lesser on February 3, 2022 Last March, President Joe Biden announced a goal of building 30,000 megawatts (MW) of offshore wind generation by 2030. Doing so will “strengthen the …
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-Honeywell International Inc reported lower-than-expected quarterly sales on Thursday, hit by supply chain challenges at its aerospace segment and a fall in demand for masks. The company, whose shares fell …