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Tesla Has Access To All The Battery Cells It Needs For First Time Ever, Says Senior Exec: Report
Tuesday, September 13, 2022 - 2:54am | 361COVID-19 brought to the fore the problems electric vehicle makers face when the supply chain is challenged. Tesla, Inc. (NASDAQ: TSLA) seemed to have removed the risk out of the equation as far as its battery supply is concerned. Tesla for the first time has access to all the...
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First Ukraine Grain Shipment Departs Port Of Odessa With 26,000 Metric Tons Of Corn
Monday, August 1, 2022 - 1:41pm | 556As concerns of a global food crisis heighten, Ukraine was granted access on Monday to ship its first container of grain, carrying 26,000 metric tons of corn from the port of Odessa to Tripoli, Lebanon, according to the Wall Street Journal. The deal states that Ukrainian and Russian ships...
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Qualcomm Exclusive: CFO On How Samsung License Extension Offers New Revenue Opportunities, Cloud Growth And iPhone 2023 Rumors
Wednesday, July 27, 2022 - 5:48pm | 750Semiconductor company Qualcomm Inc (NASDAQ: QCOM) reported third-quarter results after the market close Wednesday. Here are the key highlights and exclusive comments from Chief Financial Officer Akash Palkhiwala. What Happened: Qualcomm reported third-quarter revenue of $10.9 billion, up 37% year-...
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How China's 'Zero-Covid' Policy And Mortgage Boycotts Are Impacting The Global Economy
Tuesday, July 26, 2022 - 3:48pm | 455Beijing's official growth target for the year is roughly 5.5%, but analysts are projecting China’s gross domestic product to grow by 4% this year, a miss that has not happened since 2015, according to Reuters. What Happened: Many key cities in China such as Shanghai have come out of...
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Vertical Integration: Cannabis Experts Discuss Its Various Pros And Cons
Friday, July 22, 2022 - 3:21pm | 1090Vertical integration in the cannabis industry is one of the most debated topics of the day across the sector. As part of America's piecemeal approach to state-level legalization, states can choose their regulations. In most cases, vertical integration is allowed, with some states requiring...
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German Government Spends More Than $15B To Rescue Energy And Utility Giant Uniper
Friday, July 22, 2022 - 12:11pm | 359The German government agreed on Friday to bail out Uniper Energy (OTC: UNPRF), the country's largest importer of gas and one of the largest utility companies in Europe. What Happened: Due to the Russia-Ukraine War, oil supplies have been tight and expensive for the European Union. The Kremlin...
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Understanding The Psilocybin Supply Chain: Every Production Method Explained
Thursday, July 21, 2022 - 4:42pm | 1826Psilocybin is known as the active compound in so-called “magic mushrooms”, yet most psilocybin used in clinical trials today is synthesized in laboratories without the use of biological material. As psychedelics-assisted therapy gains momentum, investors need to understand the...
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Central Banks Are Picking Up The Slack On Climate Finance
Tuesday, July 12, 2022 - 12:07pm | 779While only a minority of central banks currently have specific sustainability responsibilities, a majority are performing greater climate risk management roles, particularly as it relates to mitigating climate risks that challenge the stability of the financial system. The reason is that neither...
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EXCLUSIVE: GXO Logistics CIO Provides Update On Global Supply Chain Challenges
Tuesday, May 17, 2022 - 5:34pm | 443U.S. consumers are showing resilience in the face of high inflation, according to retail sales numbers from Tuesday morning, which came in higher month-over-month. Although consumer spending is strong, supply constraints continue to present challenges, but GXO...
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Technology Is Key To Weathering The Inflation Storm
Thursday, May 12, 2022 - 5:27pm | 757By Martin Kotula U.S. prices rose at an annual rate of 8.5% in March, the biggest year-over-year jump in 41 years. The costs of doing business are going up accordingly. Inflation can seem like an irresistible force of nature, a macroeconomic tide lifting and lowering all boats regardless of...
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Why Retailers Must Navigate Muddy Waters Of ESG Requirements
Saturday, April 23, 2022 - 9:06pm | 869By Rashida Salahuddin The need for more corporate responsibility has evolved for today’s corporations and the next generation of business leaders in the form of environmental, social and governance (ESG). Investors, activists, and regulators are now requiring proactive, community-...
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Russia-Ukraine - What This Volatile Backdrop Means For Businesses
Thursday, March 10, 2022 - 4:25pm | 577By Neil Debenham The Covid 19 pandemic significantly affected businesses and induced numerous permanent companies closures worldwide but as society returns to normal, businesses now face a new volatile backdrop caused by Russia’s invasion of Ukraine. Oil prices have recently...
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Porsche Suspends Electric Taycan Production At German Plant As Supply Chain Problems Bite
Thursday, March 10, 2022 - 5:54am | 398Volkswagen Group (OTC: VWAGY)-owned Porsche has paused production of electric cars at its Stuttgart-Zuffenhausen plant in Germany due to supply chain issues following Russia’s invasion of Ukraine. What Happened: The automaker said it had suspended production of its...
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How The Canada Trucker Protest Could Impact Auto Production
Thursday, February 10, 2022 - 12:42pm | 637Protests by truckers in Canada could have a major impact on trade between the United States and Canada and are now impacting the automotive industry. What Happened: On Wednesday, a Ford Motor Co (NYSE: F) factory shut down due to a blockade on the Ambassador Bridge. Other auto companies are bracing...
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Can't Get A Playstation 5? Sony Wants You To Buy A PS4 Instead
Wednesday, January 12, 2022 - 11:18am | 356Supply chain issues have hurt the availability and sales numbers of the Playstation 5, the newest console from Sony Group Corp (NYSE: SONY), but the company may have a temporary solution for gamers. What Happened: Sony has been struggling with supply constraints of its Playstation 5, which was...