General Motors reported sales fell a third from a year-ago last quarter, and they were off 40% from the same quarter of 2019 before the pandemic roiled the car market. Sales at Stellantis, the company formed by the merger of Fiat Chrysler and France’s PSA Group, fell 19% from a […]
shortages
Brexit: UK worker shortages could cancel Christmas
McDonald’s (MCD) has already been forced to take milkshakes off its menu in the United Kingdom and Nando’s has closed 45 restaurants because it was running out of its signature dish peri peri chicken. But suppliers are warning of further disruption that means Brits may have to go without holiday […]
India’s Covid-19 catastrophe could make global shortages even worse
Prime Minister Narendra Modi has so far resisted calls to impose another total lockdown on the country, even as many regions have announced their own heavy restrictions. But several global industries that rely on India are looking on anxiously. Should the crisis deepen, everything from clothing and pharmaceuticals to financial […]