Oil posts 8% weekly loss on potential Opec+ supply additions
Oil prices settled higher on Friday but posted a weekly loss of 8.1 per cent after news of potential increases to Opec+ supply. Brent crude futures closed up 42 cents, or 0.7 per cent, at…
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supply
Fu Yu closes investigations into supply chain unit, sees ‘no merit’ in taking action against individuals involved
Precision manufacturer Fu Yu Corporation will close its investigations into irregularities at its wholly owned supply chain unit, and will not take further action against the individuals…
Samsung, SK Hynix to supply memory chips to OpenAI’s Stargate project
Samsung Electronics and SK Hynix have signed letters of intent to supply memory chips for OpenAI’s data centres, they said on Wednesday (Oct 1), as South Korean chipmakers join forces with…
Oil settles lower as Opec+ plan adds to expectations of supply surplus
Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential Opec+ plans for a larger output hike next month and the resumption of oil exports from Iraq’s…
Oil gains on Ukraine drone attacks cutting Russian supply
Oil prices rose on Friday (Sep 26) as Ukraine’s drone attacks on Russia’s energy infrastructure cut the country’s fuel exports. Brent futures settled at US$70.13 a barrel, up 71 US cents,…
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
Oil prices climbed about 3 per cent to a seven-week high on Wednesday as a surprise drop in US weekly crude inventories added to a sense in the market of tightening supplies amid export…
Petronas reaffirms gas supply commitments after Malaysian court win
Shell Malaysia says that Shell MDS respects and will comply with the ruling of the Court of Appeal on the matter Malaysian state energy firm Petronas said on Wednesday (Sep 24) that it…
Tech deals no longer an easy win for investors; AI demand will see more need for power supply: Bain report
Software spending among companies is declining, and software revenue as a percentage of US GDP has started to ease off After years of seeing great returns from investing in software…
Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve would…
People-centered supply chains for the win
Each September, leaders from business, government, and civil society descend on Gotham for Climate Week NYC, but there is an equally important voice that can enrich these conversations:…
Shein opens its supply network to fashion brands to boost growth
Shein Group has begun offering other fashion brands access to its apparel manufacturing network in China as a service, sources familiar with the matter said, as it seeks new revenue…
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its ports and refineries, and…
US mulls annual China chip supply permits for Samsung, Hynix
The US is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics and SK Hynix’s factories in China, a compromise aimed at preventing disruptions to the global…
Fu Yu provides updates on probe into its supply chain arm
Fu Yu Corporation has confirmed that its unit’s US$3 million payment to a third party, that has been the subject of a probe, was made for services that were rendered. In February,…
Oil settles higher on weaker US dollar and Russian supply disruptions
Global benchmark Brent crude oil settled 1 per cent higher on Monday (Sep 1), as concerns mounted that intensifying airstrikes in Russia and Ukraine could lead to supply disruptions, and…
Oil holds in tight range, rising output offsets Russia supply disruptions
Oil prices traded in a tight range on Monday as worries about rising output and the impact of US tariffs on demand offset supply disruptions stemming from intensified Russia-Ukraine…
Oil prices fall with expected low demand, upcoming supply boost
Oil prices fell on Friday (Aug 29) as traders looked toward weaker demand in the US, the world’s largest oil market, and a boost in supply this autumn from Opec and its allies. Brent crude…
Oil falls 2% from nearly three-week high; focus on tariffs, Russian supply
Oil prices fell 2 per cent on Tuesday, erasing gains from the previous session, as investors watched developments around US tariffs, the war in Ukraine and the potential disruption of…
EXCLUSIVE: Tractor Supply Gets Stylish With Beet Farmer/Food Network Host Molly Yeh
Who says farmers can’t be fashionable? Tractor Supply Co. on Monday will launch a women’s apparel collection designed with cookbook author, Food Network host and sugar beet farmer Molly…
Oil slips as Russia supply concerns ease after Trump-Putin meet
Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt…
Pandemic housing boom tightness fades as housing market lot supply rises
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. During the pandemic housing boom, we saw red-hot housing demand quickly…
Chinese steel and coal output drop as supply pressures mount
Chinese steel and coal output fell in July, as bad weather affected operations and the government’s efforts to rein in overcapacity intensified. Both industries are in the crosshairs of…
Oil hits two-month low as US, IEA supply guidance weighs
Oil prices fell to over two-month lows on Wednesday after bearish supply guidance from the US government and the International Energy Agency, while investors eyed US President Donald…
What the Supply Chain Scandals Mean for Luxury Brands and Made in Italy
MILAN — Over the past two years, shock waves have been running through the luxury industry as supply chain scandals uncovered in Italy have prompted strong reactions from stakeholders.…