Freeport LNG fire cuts key source of U.S. gas supply to Europe, Asia
By Marwa Rashad LONDON (Reuters – An at least three-week shutdown at Freeport LNG, operator of one of the largest U.S. export plants producing liquefied …
Supply
Airbus deliveries fell 6% in May amid supply chain pressure
PARIS – Airbus confirmed on Wednesday it delivered 6% fewer airplanes in May, compared to the same month last year, as the aerospace industry wrestles …
H&M, Lululemon back $250 million Fashion Climate Fund to decarbonise supply chain
By Simon Jessop LONDON – Lululemon Athletica Inc and H&M Group are among backers of a $250 million fund aiming to speed up efforts to …
Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices
Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices Thomas Catenacci on June 7, 2022 UPDATE: This article has been …
Goldman raises Brent price outlook on unresolved supply deficit
(Reuters) – Goldman Sachs increased its Brent oil price forecasts by $10 to $135 a barrel for the period between the second half of 2022 …
Boeing paused 737 production in May due to supply chain issues – WSJ
(Reuters) – Boeing Co had paused production of its 737 MAX for about 10 days last month due to supply chain snarls, the Wall Street …
Stellantis secures lithium supply from California for EV batteries
(Reuters) – Stellantis NV has secured lithium essential for its electric vehicle production in North America from a project in California, as carmakers worldwide scramble …
FOOD CRISIS: Biden Admin Is Letting Farmers Plant On Conserved Lands As ‘Supply Challenges’ Loom
FOOD CRISIS: Biden Admin Is Letting Farmers Plant On Conserved Lands As ‘Supply Challenges’ Loom Thomas Catenacci on May 26, 2022 The Biden administration announced …
Fertiliser maker Yara says world faces extreme food supply shock
By Dmitry Zhdannikov DAVOS, Switzerland – Norwegian fertiliser giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to …
Envoy Solutions Capitalizes on Growth in Tri-State Region with American Paper & Supply Company Acquisition
GLENVIEW, Ill., May 23, 2022 — Envoy Solutions announced today that it has reached an agreement to acquire American Paper & Supply Company, based in …
DHL exec says China lockdowns will hit supply chains more than Ukraine war
BERLIN – Lockdowns in China are having greater impact on global supply chains than the war in Ukraine and will be felt even after they …
China lockdowns impeding supply chain recovery, slowdown risks spillovers, Yellen says
BONN, Germany -U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering …
Global supply stress worsened in April, NY Fed’s index shows
By Howard Schneider WASHINGTON – Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened …
Ukraine removes fuel price restrictions to increase supply – economy minister
KYIV – Ukraine’s government has lifted restrictions on fuel prices to enable traders to import more and make up the shortage Ukraine is experiencing after …
Imported infant formula could help lift U.S. supply in weeks -FDA chief
WASHINGTON – The Food and Drug Administration will outline a plan next week to streamline imports of infant formula, the agency’s chief said on Friday, …
Balkan companies see ‘near-shoring’ opportunity with global supply woes
By Daria Sito-Sucic SARAJEVO – As supply chain disruptions caused by the COVID-19 pandemic, war in Ukraine and lockdowns in China hit Western European markets, …
Joint gas buying no quick fix for Europe’s supply crunch
By Kate Abnett BRUSSELS – The European Union’s plan for countries to buy gas jointly could maximise supplies and ensure better contract terms in the …
Analysis: Nigeria and Angola responsible for almost half of OPEC+ oil supply gap
By Alex Lawler, Julia Payne and Ron Bousso LONDON/LAGOS – Almost half the shortfall in planned oil supply by OPEC and its allies is down …
Canada in ‘active discussions’ with EV supply chain companies – minister
By Steve Scherer OTTAWA – Canada is talking to a number of companies interested in setting up production in the electric vehicle (EV) supply chain, …
Supply disruption, weaker demand cloud outlook for German manufacturers – PMI
BERLIN – Supply disruption and weaker demand weighed on German manufacturing activity in April as the war in Ukraine and COVID-19 lockdowns in China worsened …
‘The Supply Chain Does Not Exist’: Green Energy Industry Is In For A Rude Awakening
‘The Supply Chain Does Not Exist’: Green Energy Industry Is In For A Rude Awakening Thomas Catenacci on May 1, 2022 Wind and solar companies …
Cuervo parent Becle expects supply problems to persist, CEO says
(Reuters) – Mexican distiller Becle, better known as the parent company of the popular Jose Cuervo tequila brand, expects to see more supply chain problems …
FURCHTGOTT-ROTH: It’s Time To Fix Our China Supply Chain — Before It’s Too Late
FURCHTGOTT-ROTH: It’s Time To Fix Our China Supply Chain — Before It’s Too Late Diana Furchtgott-Roth on April 28, 2022 As if exports of COVID-19 …
U.S. solar industry warns of slowdown due to supply chain disruptions, tariff uncertainty
(Reuters) – The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat …
Global inflation to stay stubbornly high as wrecked supply chains persist – Reuters poll
BENGALURU – The global streak of high inflation is far from over and aggressive monetary policy tightening will fall short in taming price pressures to …
Ukraine says Russia is targeting railways to cut arms supply routes
(Reuters) – Ukraine’s military command said on Monday that Russia was trying to bomb Ukraine’s rail infrastructure in order to disrupt arms supplies from foreign …
World Bank sees economies reducing dependence on Russia for energy, on China for supply chains
By Andrea Shalal WASHINGTON – World Bank President David Malpass on Wednesday said he expects a “strong effort” by major economies to reduce their dependence …
Volkswagen focuses on regions to reduce supply chain vulnerability
BERLIN – Volkswagen said on Tuesday that a new growth plan would aim to reduce its vulnerability to the effects of global conflicts, such as …
Magna-LG Mexican plant to supply components for GM electric vehicles
(Reuters) – Magna International and LG Electronics are constructing a factory in the Mexican city of Ramos Airzpe that will supply electric vehicle components to …
China’s supply chains must be stabilised, vice premier says
BEIJING -China’s supply chains must be stabilised amid COVID-19 outbreaks, with local governments helping key companies get back to work, the official Xinhua news agency …
U.S. companies load up on costly inventories as new supply snarls loom in China
By Timothy Aeppel (Reuters) – Through most of the pandemic, Kent International, Inc couldn’t import enough Chinese-made bicycles to supply Walmart Inc and its other …
‘Strain On The Supply Chain’: Truckers Are Livid Over Texas Gov. Abbott’s Border Security Measures
‘Strain On The Supply Chain’: Truckers Are Livid Over Texas Gov. Abbott’s Border Security Measures Jennie Taer on April 13, 2022 Texas Gov. Greg Abbott’s …
Subsidiary of Mexico’s Femsa agrees to acquire U.S. distributor Sigma Supply
MEXICO CITY – Mexican bottler and retailer FEMSA announced on Tuesday its U.S. subsidiary Envoy Solutions reached an agreement to acquire the distributor Sigma Supply …
Diversifying supply chains from China ‘probably good for everyone’ -World Bank chief
By Andrea Shalal and David Lawder (Reuters) – Countries around the world are working to diversify their supply chains and reduce their dependence on China, …
Two Charged for New Castle Beauty Supply Store Armed Robbery
NEW CASTLE, DE – The Delaware State Police have arrested 25-year-old Stacha Briggs of New Castle, DE and 24-year-old Quan’ja Reeves of Wilmington, DE for …
Ford inks Argentina lithium supply deal with Lake Resources
By Ernest Scheyder (Reuters) – Ford Motor Co said on Monday it has signed a preliminary deal to buy lithium from a Lake Resources NL …
OPEC tells EU not possible to replace potential Russian oil supply loss
LONDON – OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply …
California Is Single-Handedly Making The Supply Chain Crisis Even Worse
California Is Single-Handedly Making The Supply Chain Crisis Even Worse Harry Wilmerding on April 10, 2022 California introduced new regulations for the trucking industry that …
Airbus sees raw material supply secured even in case of sanctions -FAS
(Reuters) – Airbus said its production targets are not affected by the war in Ukraine as it sees raw material supplies secured even if Russian …
Superseding Indictment Charges 12 In Gun-Running Conspiracy To Supply Firearms To Gang Members In Chicago
NASHVILLE – A 21-count superseding indictment unsealed Wednesday charges 12 individuals with conspiring to violate federal firearms statutes, including dealing in firearms without a license; …
Car sales in India rise but automakers warn of supply chain disruptions
By Aditi Shah NEW DELHI – Carmakers in India reported a sharp rise in annual sales for the fiscal year 2022 on Friday, but warned …
Tight supply chains, inflation slow Spain’s factory activity in March- PMI
MADRID – Factory activity in Spain grew for a 14th consecutive month in March though at a slower pace because of pressure on supply chains …
India’s NTPC $2.81 billion power plant may face supply issues from Russian entities -minister
NEW DELHI – NTPC Ltd’s $2.81 billion coal-fired power plant, which is currently under construction in India, may face supply issues from Russian entities, India’s …
Spain consumer goods sales rise on worries over supply amid Ukraine war
MADRID – Sales of consumer goods rose 13% in Spain in the wake of Russia’s invasion of Ukraine as supply concerns, exacerbated by a partial …
French energy regulator does not expect gas supply problems
PARIS -France should not have any problems with energy supplies, the head of the country’s CRE regulatory body said on Wednesday, adding that requests for …
Factbox-Global oil supply disruptions approaching 5-6 million bpd
(Reuters) – Global oil supply disruptions are approaching 5-6 million barrels per day (bpd), according to Reuters’ calculations, as sanctions, conflicts and infrastructure failures hit …
European steel prices to extend rally as Ukraine conflict cuts supply
By Eric Onstad LONDON – Surging European steel prices are set to extend their gains as Russia’s invasion of Ukraine has disrupted logistics, spurred sanctions …
Mazda to halt operations at two Japan plants for 2 days due to supply disruption
TOKYO – Japanese automaker Mazda Motor Corp said on Thursday it would suspend production at its two domestic factories for two days in April due …
U.S. farm groups urge sowing on protected land as war cuts off Ukraine supply
By Leah Douglas, Christopher Walljasper and Karl Plume CHICAGO – Farm groups are urging the U.S. Agriculture Department to allow farmers the ability to plant …
VW’s Skoda says Ukraine supply partner restarting wire harness production
PRAGUE – Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Tuesday its supply partner in Ukraine had decided to restart production of …