Long lines for fuel across Cuba sparking concerns over supply, rationing
By Dave Sherwood HAVANA – Hours-long lines formed at gas stations in Cuba´s capital Havana on Monday after local media reported rationing of fuel in …
Supply
Owner of Toms River Let’s Go Brandon Trump Store Says No Publicity is Bad Publicity
TOMS RIVER, NJ – When Gregory Dooner and Vincent Scuzzese opened their new business on Route 37 in Toms River, they knew some people in …
IEA urges reduced transport to cut oil use amid supply crunch
By Noah Browning LONDON -The International Energy Agency (IEA) on Friday urged consumers to travel less, share transport and drive more slowly, part of a …
Germany’s Baerbock warns supply shortfall from Ukraine war will be severe
BERLIN – German Foreign Minister Annalena Baerbock warned that supply shortfalls due to the war in Ukraine will be severe and could lead to further …
Nutrien to increase potash production amid Eastern Europe supply worries
– Canada’s Nutrien Ltd, the world’s biggest fertilizer producer, said on Wednesday it plans to increase potash output by nearly 1 million tonnes this year …
Exclusive: India boosts fertiliser imports from Canada, Israel as Russian supply disrupted
By Nidhi Verma and Rajendra Jadhav NEW DELHI – India is boosting fertiliser imports from nations including Canada and Israel to ensure sufficient supplies for …
Analysis – Thailand faces perfect storm as it seeks more LNG supply
By Chayut Setboonsarng BANGKOK – A global energy crunch is sending liquefied natural gas prices skywards, but Thailand needs to ramp up its purchases to …
White House aims to boost supply chain information sharing
By David Shepardson WASHINGTON – The White House on Tuesday unveiled a new pilot effort to help clear supply chain bottlenecks at congested U.S. ports …
Russia to spend $9 billion to rebuild supply chains, PM says
– Russia plans to spend 1 trillion roubles ($9 billion) on so-called anti-crisis measures, Prime Minister Mikhail Mishustin said on Tuesday, as the government tries …
Plains drought to curb U.S. wheat harvest, adding to global supply worries
By Karl Plume – A worsening drought in the southern U.S. Plains is threatening the region’s winter wheat crop just as the Ukraine crisis dents …
Palladium dives about 17% as Russia supply fears recede
By Bharat Gautam – Palladium slumped nearly 17% in a sharp correction after rallying to an all-time high on the Ukraine crisis, as worries eased …
Increased mining supply pushing Peruvian currency higher -cenbank
LIMA – A greater supply of dollars from the mining sector in Peru – the world’s No. 2 copper producer – is pushing up the …
New US Solar Panel Installations Set To Crater Thanks To Inflation, Supply Chain Issues
New US Solar Panel Installations Set To Crater Thanks To Inflation, Supply Chain Issues Thomas Catenacci on March 10, 2022 Solar panel installations are set …
Russia says China refuses to supply aircraft parts after sanctions
– China has refused to supply Russian airlines with aircraft parts, an official at Russia’s aviation authority was quoted by Russian news agencies as saying …
Russia warns West of $300 per barrel oil, cuts to EU gas supply
DUBLIN – Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments …
Ukraine crisis jeopardises Middle East’s Black Sea wheat supply
By Sarah El Safty and Hadeel Al Sayegh CAIRO – Wheat importers face a threat to delivering politically sensitive bread supplies across the Middle East …
Palladium sprints to $3,000/oz mark as Russia supply fears grow
By Brijesh Patel – Palladium extended its rally to near a 10-month high within striking distance of $3,000 an ounce on Friday, as concerns over …
Palladium set for biggest weekly gain in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years …
Palladium set for best week in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its best week in two years as …
Supply woes lift Palladium to 7-month peak, gold firms on Ukraine crisis
By Brijesh Patel – Palladium extended gains to a more than seven-month high on Thursday, spurred by concerns over supply shortages following harsh sanctions on …
Global supply pressures eased in February, New York Fed says
By Howard Schneider WASHINGTON – Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure …
Ferrari doesn’t see impact on its supply chain from Ukraine crisis
MILAN, Mar 3 – Ferrari does not see any impact on its supply chain as a consequence of Russia’s invasion of Ukraine, a spokesman for …
European gas prices touch new highs as Russia supply fears grow
By Susanna Twidale LONDON – European and British gas prices soared on Wednesday, with a benchmark Dutch gas price hitting a record high as countries said …
Australia’s Core Lithium enters into supply deal with Tesla, shares jump
– Australia’s Core Lithium Ltd on Wednesday entered into an agreement with Tesla Inc to supply the U.S. electric car maker with lithium spodumene, sending …
Global food supply at risk from Russian invasion of Ukraine, Yara says
By Victoria Klesty OSLO – Russia’s invasion of Ukraine threatens global food supplies, Norwegian fertiliser maker Yara International said on Tuesday, adding that the international …
Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply
By Rajendra Jadhav MUMBAI – Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to …
Hyundai to stop plant in Russia on March 1-5 amid supply crunch, Ifax says
MOSCOW – Hyundai Motor Co will suspend its car assembly plant in Russia’s St Petersburg on March 1-5 due to supply chain interruptions, Interfax newsagency …
VW faces supply shortage due to Ukraine crisis
FRANKFURT – Volkswagen will halt production for a few days next week at two German factories after a delay in getting parts made in Ukraine, …
Japan sets out plans to defend supply chains, see off hackers
TOKYO – Japan will step up spending to strengthen its supply chains and do more to guard against cyberattacks launched through imported systems and software …
U.S. companies grapple with surging costs as supply chain problems persist
By Timothy Aeppel – Dave Petratis boosted wages for his U.S. factory workforce in December – six months ahead of schedule for normal annual increases. …
Carlsberg shuts Ukrainian brewery in Lviv after gas supply cut
COPENHAGEN – Carlsberg has shut its brewery in Lviv, western Ukraine, after supplies of natural gas to the brewery were cut, a company spokeswoman told …
White House unveils more steps to strengthen U.S. supply chains
By Andrea Shalal WASHINGTON – The White House on Thursday announced 10 new steps as part of its year-long drive to strengthen U.S. supply chains …
Germany can ensure energy supply without Russian gas – econ minister
BERLIN – Germany can guarantee security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to …
Shipping Giant Expeditors Forced To Shut Down Operations After Cyber Attack
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 …
LG Abandons Solar Panel Business Amid Supply Chain Issues, High Costs
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 …
Aluminium and nickel hit multi-year highs on Russian supply threat
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 …
Nord Stream 2: Russia’s battle to boost gas supply to Germany
– German Chancellor Olaf Scholz halted certification of the Nord Stream 2 gas pipeline designed to boost Russian gas supply to Germany on Tuesday after …
CDC taps Palantir to support COVID-19 drug supply in U.S
– 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 …
Harris: American sacrifice for Ukraine means even higher energy costs for all
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 …
De Beers CEO sees stable natural diamond supply, decent industry growth
By Lisa Barrington DUBAI – Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De …
Is America having a Freedom Convoy to protest vaccine mandates? Yes, and here are the details of the People’s Convoy
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 …
Plans for truck convoys to arrive in Washington around State of the Union- police
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 …
Electrolyser supply crunch hangs over India’s hydrogen ambitions
By Sudarshan Varadhan NEW DELHI – A global supply crunch of electrolysers needed to produce green hydrogen and a lack of domestic manufacturers to make …
Roku revenue misses on supply chain snags, shares fall 20%
– Roku Inc reported quarterly revenue on Thursday that missed estimates, as the company was hit by supply chain issues that affected sales of television …
Spanish exports top pre-pandemic levels despite Brexit, supply chain
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 …
Biden Administration Defies Court Ruling Again, Opts Against Holding Oil Drilling Sales
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 …
Kraft Heinz plans more price hikes as sales, earnings beat estimates
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 …
Construction industry groups oppose Biden’s executive order in letter to White House
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 …
Florida-Based Consultant Resolves Litigation For Allegedly Causing False Diabetic Supply Claims To Medicare
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, …
Analysis-World’s damaged supply chains brace for painful recovery
By Mark John – Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and compressed …