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 …
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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, …
Japan to sign mineral supply chain agreement with US, subject to EV tax cut -minister
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 …
South Korea’s LGES in talks with Toyota to supply EV batteries -CEO
SEOUL (Reuters) – South Korean battery giant LG Energy Solution Ltd is in talks with Toyota Motors Corp to supply electric vehicle (EV) batteries, LGES …
Yellen: Inflation likely to come down on lower supply chain pressures, shipping costs
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 …
Musk, China’s BYD deny report on Tesla ending battery supply cooperation
SHANGHAI (Reuters) – Tesla Inc Chief Executive Elon Musk and Chinese electric vehicle and battery maker BYD Co Ltd on Tuesday denied a media report …
Japan, Canada in talks over collaboration in battery metals supply chain
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. …
ONE to supply batteries for Shyft electric trucks
By Paul Lienert (Reuters) – Michigan-based startup Our Next Energy, better known as ONE, said Thursday it will supply batteries to Shyft Group for its …
GE’s investors seek solutions to renewable energy, supply chain challenges
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 …
FDA says no indication contaminated cough syrups have entered U.S. supply chain
(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 …
Boeing faces similar supply chain challenges in defence to commercial business -exec
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 …
Charles River gets DoJ subpoena on Cambodian supply of lab monkeys
(Reuters) -Charles River Laboratories said on Wednesday that it had received a subpoena from the U.S. Department of Justice over an investigation into the supply …
Australia’s Magnis in deal with Tesla to supply graphite for electric vehicle batteries
(Reuters) – Australia’s graphite developer Magnis Energy on Tuesday said it has signed a binding offtake deal with Tesla Inc to supply battery anode materials …
Safran CEO says supply chain will drive jet output hike
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, …
Steep levies on Russian aluminium could threaten U.S. nickel supply
By Pratima Desai LONDON (Reuters) – Russia is likely to limit exports of key metals such as nickel and palladium if the United States imposes …
Australia’s NSW state orders coal miners to supply local plants
MELBOURNE (Reuters) – Australian coal miners including Glencore must set aside thousands of tonnes of coal for use by domestic power generators for a period …
Itochu to supply renewable energy to Meta in U.S., Amazon in Japan
(Reuters) – Japanese trading house Itochu Corp has agreed to supply wind-generated power to Meta Platforms in the United States and solar energy to Amazon …
Leidos Holdings sees 2023 profit below estimates as supply chain woes persist
(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 …
Putin approved supply of missiles that shot down MH17 in 2014, investigators say
AMSTERDAM (Reuters) – The international team investigating the 2014 downing of Malaysia Airlines Flight 17 (MH17) by a missile has convincing evidence that Russian President …
Johnson Controls misses quarterly revenue estimates on supply chain snags
(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 …
‘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 …
Suspect in farm supply store stabbing incident arrested
ANNAPOLIS, MD – Police have arrested a suspect wanted for a Friday morning stabbing at a farm supply store in Annapolis. Anne Arundel County Police …
Rheinmetall, GM Defence win contract to supply trucks to U.S. Army
(Reuters) – German arms manufacturer Rheinmetall on Monday said its United States unit has won a contract for the first phase of the U.S. Army’s …
SUZANNE DOWNING: Biden’s Crude Oil Supply Raid Has Plunged America Into Crisis
SUZANNE DOWNING: Biden’s Crude Oil Supply Raid Has Plunged America Into Crisis Suzanne Downing on January 29, 2023 Rep. Steve Scalise of Louisiana got it …
Jet fuel prices up as demand jumps, refinery outages limit supply
By Shariq Khan, Laura Sanicola and Seher Dareen (Reuters) – Jet fuel prices have risen to levels never recorded in January as demand from China’s …
Couple stole more than $13,000 in perfume from Columbus beauty supply stores
COLUMBUS, OH – Police in Columbus say a couple has been stealing perfume and cologne from beauty supply stores in the city and have made …
LG says it’s in talks with Tesla to supply batteries from Arizona factory
SAN FRANCISCO/SEOUL (Reuters) – LG Energy Solution said on Friday it is in “active discussions” with Tesla and electric vehicle startups to supply batteries from …
U.S. inflation roller coaster prompts fresh look at long-ignored money supply
By Michael S. Derby NEW YORK (Reuters) – The amount of money sloshing around the U.S. economy shrank last year for the first time on …
Zelenskiy says Ukraine will still have to fight for supply of modern tanks
(Reuters) – Ukraine will still have to fight to ensure a supply of modern heavy armor, President Volodymyr Zelenskiy said on Friday after Western partners …
Strike cuts French power supply, halts refinery shipments
By Forrest Crellin, Benjamin Mallet and America Hernandez PARIS (Reuters) -A nationwide strike against pension reform in France led to a substantial fall in electricity …
Japan’s JERA signs ammonia supply MOUs with Yara, CF Industries
(Reuters) – Japan’s biggest power generator JERA signed ammonia supply memorandums of understanding (MOUs) with CF Industries of the United States and Norway’s Yara Clean …
Tight supply to support oil prices in H2, Morgan Stanley says
(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by a recovery in demand prompted …
S. Korea’s Hanwha Qcells to invest $2.5 billion in U.S. solar supply chain
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 …
Italy says “technical issues” delay supply of air defence system to Ukraine
ROME (Reuters) – Italy intends to supply Ukraine with a missile defence system to help protect it against Russia attacks but must deal with technical …
Scholz says Berlin will not go it alone as pressure mounts to supply Kyiv tanks
BERLIN (Reuters) – German Chancellor Olaf Scholz said on Monday he remained convinced of the need to coordinate weapons deliveries to Ukraine with allies as …
NY Fed says China’s COVID woes are pressuring supply chains
By Michael S. Derby NEW YORK (Reuters) – Declining world supply chain pressures are being challenged by new disruptions in China tied to the coronavirus …
Fading supply problems ease downturn in German manufacturing -PMI
BERLIN (Reuters) – Fading supply chain problems helped ease the downturn in Germany’s manufacturing sector in December, although weaker demand continues to weigh on sentiment, …
NextDecade increases LNG supply volume in deal with China’s ENN
SINGAPORE (Reuters) – U.S. liquefied natural gas (LNG) developer NextDecade Corp announced it will increase the volume of LNG supplies in a sales and purchase …
Corporate China struggles with supply snags, demand slump as COVID cases spread
By Casey Hall, Martin Quin Pollard and Joe Cash SHANGHAI/BEIJING (Reuters) – As China’s massive wave of COVID-19 infections begins its march across a country …
Sunak scraps Energy Supply Taskforce introduced by Truss- Sky News
(Reuters) – British Prime Minister Rishi Sunak is scrapping Lizz Truss’s Energy Supply Taskforce plan introduced in September, Sky News reported on Saturday. (Reporting by …
Kyiv mayor says metro service, water supply back after Russian strikes
KYIV (Reuters) – The mayor of Ukraine’s capital said early Saturday the city’s metro system was back in service and that all residents had been …
Tensions rise between Armenia and Azerbaijan over blocked supply corridor
TBILISI (Reuters) -Russia expressed concern on Thursday over escalating tensions between Armenia and Azerbaijan as a key road linking Armenia to the disputed Nagorno-Karabakh enclave …
Norsk Hydro to supply Mercedes-Benz with low-carbon aluminium
By Victoria Klesty OSLO (Reuters) – Norsk Hydro will supply Mercedes-Benz with low-carbon aluminium for a range of models from 2023, including its electric EQ …
Trafigura to pilot sustainable supply chain finance program for Mexican miners
(Reuters) – Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with eFactor Network for mining companies …
Panasonic agrees to supply EV batteries to Lucid Group
TOKYO (Reuters) – Tesla Inc battery maker Panasonic Holdings on Tuesday said it had concluded an agreement to supply lithium-ion batteries to electric vehicle (EV) …
France copes with high power demand on nuclear supply ramp-up
PARIS (Reuters) – France on Monday avoided a strain on its power grids in the face of rising demand as Paris recorded sub-zero temperature, thanks …
Work proceeds on Ukraine’s power supply, particularly Odesa, says Zelenskiy
(Reuters) – Emergency crews were working to ease power shortages in many parts of Ukraine after Russian attacks, particularly the Black Sea port of Odesa, …
Germany expects decision on Schwedt refinery oil supply next week – ministry
BERLIN (Reuters) -Germany expects to reach a decision next week on how the Schwedt refinery will be supplied as a ban on Russian oil takes …
Exclusive-EU to propose delay to medical device law amid supply worries
By Maggie Fick LONDON (Reuters) – The EU Health Commissioner will on Friday propose extending the deadline for companies to comply with a new law …
UAW calls on automakers to move supply chain out of Xinjiang region
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 …