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New Shein Executive Aims to Expand Supply Chain Outside China
Business

New Shein Executive Aims to Expand Supply Chain Outside China

The appointment of Marcelo Claure, a former SoftBank executive, comes as the fast-fashion retail giant aims to be closer to its consumers. Source link

Nvidia Supply Concerns Ease, but Long-Term Challenges Remain
Business

Nvidia Supply Concerns Ease, but Long-Term Challenges Remain

Questions persist regarding artificial-intelligence demand and geopolitics. Source link

Race to Control Electric-Vehicle Supply Chains Leads to Africa
Business

Race to Control Electric-Vehicle Supply Chains Leads to Africa

To bypass China, Western companies are investing in facilities to process battery metals in countries such as Tanzania, Mauritius and South Africa A lithium ore

Home Sales Fall Amid High Mortgage Rates, Low Supply
Business

Home Sales Fall Amid High Mortgage Rates, Low Supply

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate

Oil retreats on US demand worries despite China stimulus, supply By Reuters
Finances

Oil retreats on US demand worries despite China stimulus, supply By Reuters

© Reuters. FILE PHOTO: An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January

Analysis-As deficit soars, Egypt expands money supply, fuelling inflation By Reuters
Finances

Analysis-As deficit soars, Egypt expands money supply, fuelling inflation By Reuters

© Reuters. FILE PHOTO: Egyptian workers are seen in front of the new headquarters of Egypt’s parliament in the New Administrative Capital (NAC) east of

Oil set for third straight weekly gains on tight supply By Reuters
Finances

Oil set for third straight weekly gains on tight supply By Reuters

© Reuters. FILE PHOTO: A Marathon Oil well site is seen, as oil and gas activity dips in the Eagle Ford Shale oil field due

Bipartisan lawmakers question Milwaukee Tool on alleged forced labor in supply chain By Reuters
Stock Market

Bipartisan lawmakers question Milwaukee Tool on alleged forced labor in supply chain By Reuters

© Reuters. FILE PHOTO: Senator Jeff Merkley (D-OR) speaks during a Senate Foreign Relations Committee hearing on the Fiscal Year 2023 Budget at the U.S.

Finances

G7 finance leaders pledge financial stability, supply chain diversity By Reuters

© Reuters. FILE PHOTO: A sign is pictured during the G7 leaders summit at the Bavarian resort of Schloss Elmau castle, near Garmisch-Partenkirchen, Germany, June

Whole Foods Market Explores Building Off-Site Kitchens to Supply Food Bars
Business

Whole Foods Market Explores Building Off-Site Kitchens to Supply Food Bars

WSJ News Exclusive Business The Amazon-owned supermarket has outsourced much of its food production Source link