Tag Archives: supply chain difficulties

So many jobs depend on automaking, this is why the industry’s production problems are causing tedious pain to several businesses and organizations. The Opel factory in Eisenach, Germany, is halting production and doesn’t plan to restart until next year. Trouble in the auto industry, a powerful engine of the global …

Commodities are rising again, with copper, aluminum, crude oil, natural gas and wood reaping significant gains compared to pre-pandemic levels.Supply disruptions and a global push toward sustainability may be driving the commodity boom, even as fiscal stimulus and low rate policies also impact the overall economic scene.The U.S. government and …

Economic recovery in the Eurozone has stepped up according to new GDP data published today, with the bloc outshining the U. S. and China for the second successive quarter.Growth rose faster than expected to 2.2 per cent in the three months to September, following a rise of 2.1 per cent …

It is Eurozone GDP day again and the just released German GDP data shows that private consumption alone is not sufficient for the economy to keep up with fast growing economies like France.Supply chain disruptions will delay the moment for the German economy to return to pre-pandemic levels as it …

Amazon shares fell more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for Q3 and delivered disappointing guidance for the critical holiday period.Earnings amount to $6.12 versus $8.92 per share estimates. Revenue is $110.81 billion vs $111.6 billion estimates.Amazon is facing decelerating sales growth as …

Apple reported earnings after the close on Thursday. Earnings per share came in at $1.24 versus the estimate of $1.24. Revenue came in at $83.36 billion versus the estimate of $84.85 billion. Apple fell over 4% in extended trading. Apple stock is trading at $146.7 in the aftermarket for a …

Investors and observers have expected the European Central Bank’s October meeting to be unexciting, but the current mixture of growth slowdown and higher inflation could cause it to be more action-packed than anticipated.Although big decisions on the future of the European Central Bank’s emergency stimulus package are unlikely to be …

The largest U.S. manufacturers including do encounter logistics headache and higher costs as a result of global supply bottlenecks that could continue into 2022, but most companies agree that the hit to profits can be compensated by charging higher prices for their goods.Companies globally pushed the alarm button reiterating that …

Short term U.S. Treasury yields leapt higher Wednesday after the Bank of Canada shut down its QE program and signaled for an early 2022 interest rate hike only some days before November’s awaited Fed policy meeting.Treasury yields jumped higher Wednesday, pushing major stock indices into the red zone, after the …

Lockheed Martin shares surged by 11.4% Tuesday as the defense equipment manufacturer lowered its 2021 revenue guidance after supply chain issues kept its Q3 figures behind expectations.The maker of F-35 fighter jets cut its 2021 revenue expectation by 2.5%, to $67 billion, and said next year’s revenue could fall to …