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Global Trade & Economics: Page 217

U.K.’s Asos Sees Big Loss as Shoppers Cut Back on Fashion

Asos and its rival Boohoo were seen as a poster children for the shift to online shopping. But they have struggled as people have returned to stores.

Photo: iStock.com/oatawa

Prologis Signals Caution in Industrial Property Development

Prologis says it is pulling back on speculative projects, as the business braces for a potential economic downturn.

Prologis Meadowlands Distribution Center 20, Lyndhurst, New Jersey. Photo: Prologis

Electronics OEMs Need to Revise Their Supply Chain Risk Management Strategies

Where OEMs in the past could concentrate on securing supply of expensive components, now they have to think about everything that goes into production, including raw materials, too.

Photo: iStock.com/Remitski

Fashion Industry Gets Torn by Europe’s Soaring Energy Bills

The clothing makers are fearful of raising their own prices in case it pushes customers such as H&M and Zara to suppliers outside the European Union.

Photo: iStock.com/Grosescu Alberto Mihai

Global Labor Rates Comparison Shows China is no Longer the Low-Cost Labor Market

Manufacturing wages have risen in China, making the country no longer the global go-to place for low-cost labor, argues The Reshoring Institute.

Photo: iStock.com/Bet_Noire

Miners’ Losses Mount as Ports Strike Drags On in South Africa

The walkout by workers that began October 6 is costing shippers of iron ore, coal, chrome, ferrochrome and manganese about 815 million rand a day.

Photo: Bloomberg

What Keeps Finance Leaders Up at Night? Survey Says: The Economy

By adopting new digital tools, corporate finance leaders are shifting their strategic priorities to better anticipate what lurks around the corner.

Photo: iStock.com/Baris Ozer

Computer Buyers Curtail Purchases After Pandemic Splurge

The lull in purchasing has worsened throughout the year as high inflation, rising labor costs and recession fears have triggered a reassessment of procurement budgets.

Photo: Pexels

Ukraine Crop-Deal Talks May Hinge on Fertilizers and Extra Port

The initial run of the pact — which has revived seaborne grains trade from Ukraine in the midst of Russia’s invasion — is due to end Nov. 19.

Photo: Bloomberg

America’s Red-Hot Warehouse Market Shows Signs of Cooling

Vacancy rates are starting to tick up from historic lows and leasing deals are getting modestly tougher to sign.

Warehouse Exterior Old

Delta Earnings Solid as Airline Signals Optimism on Travel Demand

The airline reported a $695 million profit over the three months that ended in September, despite rising costs and Hurricane Ian’s disruptions to travel.

Photo: Delta Airlines

U.S. Suppliers Halt Operations at Top Chinese Memory Chip Maker

Some of America’s leading chip-equipment manufacturers are pulling workers from China’s largest chip maker because of new U.S. restrictions on semiconductor exports.

Photo:iStock.com/Mykola Pokhodzhay

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