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.....»»
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.....»»
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 .....»»
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......»»
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.....»»
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 .....»»
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.....»»
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........»»
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.....»»
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.....»»
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?.....»»
Ever Given is no longer blocking the Suez Canal, but Russia sees a long-term benefit from it being stuck
Russian o.....»»
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.....»»
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.....»»
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.....»»
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: .....»»
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.....»»
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.....»»
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 .....»»
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.....»»
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.....»»