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...“TSMC will slice those contracts very thinly for the sake of saving cost,” says Charles Lee, co-chief executive at Topco, a Taiwanese company which manages certain chemicals and parts supplies for TSMC....
...But Holcim will need to be vigilant about the costs of its internal wiring and plumbing too....
...Others emphasise the importance of addressing weaknesses all along the supply chain....
...That same month, AP Møller-Maersk, one of the world’s biggest container shipping companies, abandoned its blockchain-enabled supply chain project with tech group IBM, saying it was not commercially viable...
...Maybe there’s more Treasury supply coming in the long end, so it is not only driven by what the Fed is doing, it is also driven by supply....
...Companies: Société Générale chief executive Frédéric Oudéa steps down and is succeeded by Slawomir Krupa. UK food producer Cranswick supplies full-year results....
...up and down the supply chains seek to hedge against price swings....
...A distributor of building, plumbing, heating and DIY products, the company is exposed to fluctuations in construction markets....
...As gushers of oil and natural gas suddenly erupted in places such as North Dakota and Pennsylvania, the US needed a vast expansion of the plumbing that moves fuel around the country....
...Western companies continue to “de-risk” their supply chains by shifting sourcing away from China....
...“In most banking terms that is a complete nightmare scenario,” he said, adding that “the whole supply chain and third-party risk element is quite difficult to be dealt with”....
...Earlier this month, Vonovia, Europe’s largest listed landlord, said a lack of electricity supply meant it had not been able to connect about 70 of its newly installed heat pumps to the grid....
...Its bottom line crumbled, though, with pre-tax profit falling by 81 per cent to £2.7mn and free cash flow generation of £1.4mn, down 92 per cent as the company increased inventory to mitigate supply chain...
...In recent decades, US companies became increasingly reliant on chipmakers in countries such as Taiwan, before supply chain disruptions during the Covid-19 pandemic led to severe shortages of the vital electronic...
...EXCLUSIVE: UK-based Ferguson has “no regrets” over moving its listing to New York last year, the plumbing equipment supplier’s chief said....
...Reforms must first address what I would call supply-side challenges — in particular, how to make London a less burdensome place to raise capital and to list a company....
...Some people sent medical supplies. Some people even went to Ukraine to help out in different ways....
...Chinese companies invested in lithium supply in Africa and Latin America even when lithium prices were low....
...In January, the consequences of industrial-scale theft in South Africa included: three security guards killed during heists; three hospitals scaling back operations because stolen copper plumbing hampers...
...Dublin-based gambling group Flutter is following the same path, trodden last year by plumbing titan Ferguson. Some will say “so what?”...
...It’s the network effect of the dollar’s role in the plumbing of global finance — the international payments system and as a funding currency for non-US banks — that ensures its dominance....
...Dealing with the issue is complicated in the UK because water companies are liable for water quality at people’s taps but the maintenance of the pipework that supplies clean water is shared between the companies...
...PV panels and battery storage provide a steady supply of electricity, but the house is still connected to the grid so that any surplus power can be sold back....
...However, some copper bears believe the slowdown in China’s property market — where the metal is used in wiring, plumbing and facades — and the energy crisis in Europe will weigh on demand....
...Victorian Plumbing reported a 17 per cent drop in pre-tax profit for the year ended September 30 2021, with supply chain disruptions leading to falling margins....
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