News Round Up

All things impacting global supply chains this week with Tony Hines:-

• Bank of England continues its fight against inflation – interest rate rise likely.
• Savings rates remain low but why?
• Chip maker demand falls allowing some respite and normality to return.
• Meta losing the thread?
• Gasoline demand peaks in China.
• Special edition coming up on the EV Market.
• Fire onboard a car carrier ship near the Dutch Coast – speculation that it was caused by an EV battery fault.
• Western car manufacturers concerned at the rise of China’s EV assault on international markets.
• As BG announced record profits in the UK  consumers suffer cost of living increases. Many commentators think energy markets are broken.
• X marks the spot but neighbours complained and flashing light removed.
• Net Zero targets still a commitment say UK Government as they grant 100 North Sea Oil and Gas licenses.
• Carbon capture sites seen as a way forward.
• BP and Shell reported profits for the quarter.
• Accenture cuts jobs in Ireland.
• Amazon invests $7.2 bn. in Israel.
• Ukraine hoping to send grain via Croatia.
• Walmart takes control at Flipkart India.
• BMW lifts forecasts despite difficult market conditions.
• Toyota doubles profits in the first quarter.
• UPS reaches agreement with the Teamster Union in the US.

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About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon…