By Polina Devitt LONDON (Reuters) – Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at …
Supply
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By Ernest Scheyder LOS ANGELES (Reuters) – Western lithium and graphite miners have started charging the electric vehicle (EV) supply chain higher prices for their material, meeting demand for environmentally-friendly …
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BERLIN (Reuters) – Volkswagen’s Skoda unit expects some delays in the production of its Enyaq electric models during November and December due to supply bottlenecks, German business daily Handelsblatt reported …
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(Reuters) – Geopolitical tensions and macroeconomic shocks are spurring businesses and governments into reconfiguring their supply chains, and the increased focus on diversification is leading to “clear benefits”, Citigroup CEO …
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By Paul Lienert (Reuters) – Redwood Materials has signed a long-term contract to supply Toyota Motor with recycled materials for the Japanese automaker’s $13.9 billion North Carolina electric vehicle battery …
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BERLIN (Reuters) – Material shortages in Germany’s manufacturing sector have eased significantly, with the supply situation almost back to pre-crisis level, the Ifo economic institute said on Monday. In October, …
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By Takaya Yamaguchi TOKYO (Reuters) -Japan’s government is set to increase its fiscal loan and investment programme in a planned second extra budget to beef up supply chains and other …
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By Ron Bousso LONDON (Reuters) – Chevron is negotiating contracts to supply liquefied natural gas (LNG) into Europe for up to 15 years as buyers expect the region to rely …
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SHANGHAI (Reuters) – Beijing’s move to restrict graphite exports will have a disproportionate impact on foreign makers of electric vehicle battery components who have not yet shifted to using as …
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By Stephanie Kelly and Alex Lawler NEW YORK (Reuters) – U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening …
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By Dietrich Knauth NEW YORK (Reuters) – Pharmacy chain Rite Aid has settled a critical dispute with drug supplier McKesson Corp to ensure that customers’ prescriptions will continue to be …
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WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday the United States has become overly dependent on China for critical supply chains, particularly in clean energy products and …
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PHILADELPHIA, PA – On Thursday, an incident of looting and commercial burglary occurred at Young’s Beauty Supply located at 2308 N. 29th St. The Philadelphia Police Department has released a …
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By Mike Scarcella (Reuters) – Qualcomm on Tuesday defeated a consumer lawsuit in California federal court alleging the chipmaker’s contracts with device manufacturers had artificially boosted the cost of mobile …
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(Reuters) – Uber Technologies is partnering with Los Angeles Yellow Cab and its affiliates to increase the supply of taxis on the ride-hailing giant’s platform, the company said on Tuesday. …
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By Timothy Aeppel (Reuters) – Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he …
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By Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Hedge funds will likely become increasingly important buyers of U.S. Treasuries, providing liquidity in the world’s biggest bond market at …
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(Reuters) -Homebuilder Lennar on Thursday reported third-quarter profit above Wall Street targets as historically low home inventories in the market supported demand for new constructions while easing supply-chain snags helped …
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WASHINGTON—U.S. Customs and Border Protection announced today the completion of its first interoperability test. The test seeks to establish global standards to foster transparency and a standard manner of communication between …
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Pentagon Paid A Once-Indicted Arms Dealer $1B To Supply Ammo To Ukrainians Nick Pope on September 9, 2023 The Department of Defense (DOD) has paid about $1 billion to an …
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BEIJING/HANOI (Reuters) -Chinese rare earth prices jumped to their highest in 20 months, as mining suspension in major producer Myanmar sparked stockpiling ahead of the peak consumption season, analysts said …
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WASHINGTON (Reuters) – The Inter-American Development Bank (IDB) on Wednesday launched an initiative to remedy a relative lack of U.S. companies bidding on the $13 billion in projects financed by …
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By Stephen Nellis SAN FRANCISCO/MUNICH (Reuters) – U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury automakers Mercedes and BMW. Qualcomm …
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(Reuters) – The Sudanese army staged a large scale attack on its paramilitary rival’s supply routes on Sunday, eyewitnesses said, as its leader appeared to reject a negotiated solution. The …
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By Prerana Bhat BENGALURU (Reuters) – A short U.S. housing market correction is now over, according to property analysts polled by Reuters who have wiped out forecasts for a price …