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Tapestry sees "mild" impact on Q4 results from Suez Canal blockage

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 6th, 2021

These photos show the impact of shipping delays on stores, with empty shelves and items like bikes and outdoor decor out of stock

COVID-19 and the Suez Canal blockage have disrupted the global supply chain and changed demand. Mary Meisenzahl/Insider I visited four stores to see how shipping delays and worker shor.....»»

Category: worldSource: nytApr 25th, 2021

Insider Retail: Nike"s tech play - Barry"s Bootcamp 101 - Mschf"s endgame

Today we're looking at the changes at Nike, the Suez Canal blockage's impact, and so much more. Let's get to it. Happy Thursday. Welcome to another edition of Insider Retail. If .....»»

Category: smallbizSource: nytApr 1st, 2021

How Suez Canal blockage will influence energy prices, supply chain

The Cow Guy at AG Optimus Scott Shellady and former investment banker Carol Roth weigh in on the economic impact of lodged cargo ship in the Suez Canal......»»

Category: topSource: foxnewsMar 25th, 2021

AMC Expects Q1 Results To Top Estimates Despite Fewer Box Office Releases Due To Hollywood Strikes, Sees Impact Extending To Q2

AMC pre-announced first-quarter results above the consensus estimate, but hinted at ongoing softness in box office performance. read more.....»»

Category: blogSource: benzingaApr 27th, 2024

The Ever Given"s owner has blamed the Suez Canal Authority for the blockage, saying it wrongly allowed the ship to enter the area during poor weather conditions

Lawyers representing the Ever Given's owner said the ship should have been chaperoned by at least two tug boats, "but this didn't happen." The Ever Given in .....»»

Category: worldSource: nytMay 23rd, 2021

Maersk, the world"s largest shipping company, says the Suez Canal blockage"s economic fallout will continue into second half of May

"We will see ripple effects continuing into the second half of May," Lars Mikael Jensen, head of Maersk's Global Ocean Network, told The Financial Times. Th.....»»

Category: topSource: businessinsiderApr 11th, 2021

This American Gave Away His Entire $8 Billion Fortune

Wall Street has experienced volatility a number of times since March 2020. COVID-19, GameStop’s activist short squeeze, and the Suez Canal blockage all shook up worldwide commerce. Investment firm........»»

Category: blogSource: 247wallstApr 4th, 2021

Memes mocking the Suez Canal blockage spurred rescue teams to work even harder, a mariner on the job said

The whole world - including Egypt - made memes about the Ever Given's grounding. They were on the rescue team's mind when the ship was freed. A man waves an Egyptian flag the Ever Given sails in the Suez Canal, Egypt on March 29, 20.....»»

Category: smallbizSource: nytApr 1st, 2021

Maersk "Suspends" Many Short-Term Bookings As Suez Backup Strains Capacity 

Maersk "Suspends" Many Short-Term Bookings As Suez Backup Strains Capacity  The Suez Canal blockage's ripple effect on the global supply chain has forced Maersk to suspend bookings of short-term contract.....»»

Category: smallbizSource: nytMar 31st, 2021

With ship now freed, a probe into Suez Canal blockage begins

Experts boarded the massive container ship Tuesday that had blocked Egypt’s vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that could have billions of dollars in legal repercussions: What went wrong?.....»»

Category: topSource: foxnewsMar 31st, 2021

Ever Given is no longer blocking the Suez Canal, but Russia sees a long-term benefit from it being stuck

Russian o.....»»

Category: dealsSource: nytMar 30th, 2021

The Suez Canal has reopened, but experts say you"ll still have to wait 9 months for that couch to be delivered

Experts warn the impact from the Ever Given's mishap will be felt by supply chains for months to come, resulting.....»»

Category: dealsSource: nytMar 30th, 2021

Ever Given, the giant ship blocking the Suez Canal, had another accident in 2019 when it crashed into a small ferry in Germany

The Suez Canal blockage is not the fi.....»»

Category: worldSource: nytMar 29th, 2021

Oil Tanker Rates Surge As Suez Canal Blockage Continues

Oil Tanker Rates Surge As Suez Canal Blockage Continues Submitted by OilPrice.com, Oil product tanker rates have surged almost double since a giant container ship ran aground the Suez Canal on Tuesday, blocking traffic on th.....»»

Category: personnelSource: nytMar 28th, 2021

Egyptian authorities say "human error" may be to blame for the Suez Canal Ever Given crash after initially attributing it to strong wind

The epic Suez Canal blockage was initially blamed on strong winds and dust storms. Now, authorities say "human or technical error" could be vital factors. MARCH 26, 2021: .....»»

Category: smallbizSource: nytMar 28th, 2021

IKEA says it could have supply chain issues because of the Suez Canal blockage

The international furniture chain has over 100 containers atop the ship stuck in the.....»»

Category: personnelSource: nytMar 27th, 2021

Ikea says it could have supply chain issues because of the Suez Canal blockage

The international furniture chain has over 100 containers atop the ship stuck in the Suez C.....»»

Category: personnelSource: nytMar 27th, 2021

Philippines Alarmed By More 200 Chinese Ships Massing In Disputed Waters

Philippines Alarmed By More 200 Chinese Ships Massing In Disputed Waters If nothing else, the blockage of the Suez Canal by a massive container ship has served as an unwelcome reminder that chokepoints to .....»»

Category: dealsSource: nytMar 26th, 2021

BRP Inc. shifts to air freight after Suez Canal blockage, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 26th, 2021

Energy-sector ETFs the only group to see $1 billion in weekly inflows as Suez Canal blockage and coming summer demand create favorable backdrop for oil

Investors pushed more than $1 billion into energy-sector ETFs this week as a blockage in the Suez Canal helped oil pr.....»»

Category: topSource: businessinsiderMar 26th, 2021