A traffic police officer prepares to check a truck at a service station near Shanghai, which has ordered tighter restrictions on travel in and out of the city as China battles its most severe Covid outbreak since the early days of the pandemic in 2020. Yin Liqin | China News […]
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Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register NEW YORK, March 30 (Reuters) – Oil prices gained about 3% on Wednesday […]
Bed Bath & Beyond shares tanked 22% Thursday as the company said it saw a steep drop-off in shopper traffic in August, dealing a blow to its fiscal second-quarter results. The big-box retailer is also dealing with industrywide supply chain complications, which Chief Executive Mark Tritton said have been “pervasive.” […]
A view shows the container ship Ever Given, one of the world’s largest container ships, after it was partially refloated, in Suez Canal, Egypt March 29, 2021. Suez Canal Authority | Reuters The Ever Given was pulled free from the Suez Canal on Monday after cutting off traffic in the […]
China-based display maker BOE will reportedly supply Apple with OLED LTPO displays for the higher-end models of the iPhone 15 lineup in 2023. According to The Elec, the Chinese display maker will be producing and supplying OLED LTPO panels to the Cupertino based giant next […]
Supply chain woes — ensnaring goods from around the world and adding to inflationary pressures as consumers and companies scramble to find scarce products — are slowly receding just ahead of Christmas. At bottlenecked West Coast shipping hubs that have played host to countless cargo ships, port officials note that […]