Rising inflation threatens medicine shortages - MFI The organisation that represents the suppliers of the majority of medicines in Ireland has warned of an increasing risk of shortages due to the impact … Business • 21 Sep 22
Maersk lifts 2022 guidance on higher freight rates Shipping group Maersk has today raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freight rates. Business • 02 Aug 22
Irish firms suffer with renewed supply chain problems Irish businesses are once again having to restructure their supply chains, amid renewed disruption caused by the resurgence of Covid-19 in China, the Ukraine war … Business • 20 May 22
Supply chain problems hit EU car sales in April Supply chain problems further hobbled the EU auto industry in April, data showed today, with sales falling by a fifth from the same time last … Business • 18 May 22
ASOS first half profit falls 87% on supply chain woes Supply chain snags hammered first-half profit at ASOS and the British online fashion retailer warned its expectations for a much better second half could be … Business • 12 Apr 22
Volvo Cars says supply chain woes remain, profit lags Volvo Cars has today posted fourth-quarter earnings below expectations pressured by global supply shortages despite strong demand for its vehicles. Business • 11 Feb 22
German exports up unexpectedly despite supply shortages German exports and imports rose unexpectedly in December, the statistics office said today, as order books have remained full despite continued raw material bottlenecks. Business • 09 Feb 22
Maersk expects supply chain chaos to continue in 2022 Shipping group Maersk said it expects 2022 earnings to be around as high as last year, as the supply chain disruption that sent freight rates … Business • 09 Feb 22
Tesla forecasts 2022 growth of above 50% Tesla has forecast that its vehicle deliveries would comfortably grow by more than 50% year-over-year in 2022 despite persistent supply chain issues that it expects … Business • 27 Jan 22
GE forecasts higher earnings for 2022 General Electric has today forecast higher profit and free cash flow this year after reporting stronger-than-expected earnings in the quarter to the end of December. Business • 25 Jan 22
Frozen food disruption set to hit UK from January Food supply disruption is set to hit the UK in the new year as new post-Brexit restrictions come into force, a leading industry body has … Business • 29 Dec 21
UK car plants have worst November since 1984 British car manufacturers had their slowest November in 37 years as the sector struggled to cope with the impact of the coronavirus pandemic on global … Business • 23 Dec 21
Biden holding meeting on supply chain issues US President Joe Biden is convening a meeting of US officials and private sector companies, including FedEx, to talk about ongoing efforts to address supply … Business • 22 Dec 21
Downward spiral of new car sales in Europe slows - ACEA The downward spiral of new car registrations in Europe since July is easing, industry data showed today, with the number of new vehicles registered in … Business • 17 Dec 21
Toyota extends production stoppages in Japan Toyota said it would extend stoppages at some factories in Japan as it runs short of components from plants in Southeast Asia where production has … Business • 14 Dec 21
German business morale darkens on supply bottlenecks German business morale deteriorated for the fifth month in a row in November as supply bottlenecks in manufacturing and a spike in coronavirus infections clouded … Business • 24 Nov 21
AO World warns on profit as shortages hit Britain's largest online electricals retailer AO World has warned today that supply chain issues, product shortages and rising costs were hammering its all-important peak trading … Business • 23 Nov 21
Price hikes and shortages don't stop US shoppers Retail sales remained brisk at American businesses last month, despite shortages of some goods and a wave of inflation that has pushed prices higher, government … Business • 16 Nov 21
Walmart sets aside supply chain woes to lift forecasts Walmart has today raised its annual sales and profit forecast in anticipation of soaring demand during the crucial end of year shopping season even as … Business • 16 Nov 21
Apple supplier Foxconn cautious on 2022 revenue outlook Apple supplier Foxconn has today forecast that a global chip shortage would run into the second half of 2022 and its fourth-quarter revenue for electronics, … Business • 12 Nov 21
Hapag-Lloyd's nine-month net profit soars 10-fold German container shipping line Hapag-Lloyd has today reported a more than 10-fold surge in nine-month net profit, citing record freight rates amid scarce transport capacity … Business • 12 Nov 21
Supply chain disruption a major concern for businesses A lack of skilled workers, access to affordable energy, and increasing labour costs are among the main challenges facing businesses across Europe, according to the … Business • 10 Nov 21
Shortages hit French and German industrial output Industrial output fell in September in both France and Germany as delays in receiving materials hampered production, data released today showed. Business • 05 Nov 21
Smurfit Kappa's nine month revenues up 15% Paper and packaging giant Smurfit Kappa has reported a strong first nine months for the group with corrugated growth of 9% in Europe and 11% … Business • 03 Nov 21
Euro zone factory growth hurt by supply woes Euro zone manufacturing activity remained strong last month but was curtailed by supply chain bottlenecks and logistical problems which sent input costs soaring, a survey … Business • 02 Nov 21
