The multinational hotel chain Marriott is suspending all operations in Russia due to Ukraine-related sanctions, the company said in a press-release published on its website on Friday. “We have come to the view that newly announced US, UK, and EU restrictions will make it impossible for Marriott to continue to …
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Apple is putting pressure on suppliers as lockdown measures in China put the iPhone 14’s release date at risk, Nikkei Asia reported on Wednesday. The engineering verification test (EVT) in which manufacturers finalize all parts and processes before rolling out production is said to be delayed, potentially pushing the typical …
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Криптовалютный браузер Opera интегрировала BNB Chain, децентрализованную блокчейн-экосистему, ранее известную как Binance Smart Chain, для включения децентрализованных приложений (DApps) на основе BNB Chain для Android, iOS и настольных версий своего Crypto Browser. Интеграция позволит 350 миллионам пользователей Opera приобретать токен BNB (Build N Build) за фиат и отправлять и получать …
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A new study by the Royal Bank of Canada (RBC) has found that 20% of container ships are currently stuck in congestion at various major ports. According to the report, published on Tuesday and seen by Reuters, China’s Covid lockdowns, the conflict in Ukraine, and other strains are causing longer …
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Burger King won’t be able to join the exodus of Western corporations pulling out of Russia to make a public statement about the Ukraine crisis. The fast-food giant said its local partners want to keep its 800 restaurants open, and legal agreements don’t allow the chain to shut them down …
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From January 1, unvaccinated Kroger employees will no longer be eligible for two weeks of emergency paid leave if they are infected with Covid-19, while store managers and other employees who are unvaccinated and not part of a union will have to pay an extra $50 a month for company …
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Musk acknowledged supply chain issues in a Twitter post on Monday after being asked for an update on the Cybertruck, which was unveiled in November 2019 just before the Covid-19 pandemic. “Oh man, this year has been such a supply chain nightmare & it’s not over!” Musk declared, promising to …
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Quick-service restaurant chain Tahini’s, based in London, Ontario, which serves Middle Eastern cuisine, made its first investment in bitcoin in August 2020 when it cost around $12,000 per token. Despite recent drops, the world’s biggest cryptocurrency by market capitalization traded at over $56,390 early Tuesday morning, nearly five times higher …
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According to the expert, the current crisis comes as a result of an interconnected and highly complex supply chain that has been built over the past two decades and is highly reliable on imports. “If you have a bottleneck anywhere in that process, it breaks down,” Denninger said. For more …
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“Certainly, a lot of the challenges that we’ve been experiencing this year will continue into next year,” the former presidential candidate told CNN host Jake Tapper on Sunday. Buttigieg tried to put a positive spin on the protracted crisis, arguing that it reflects surging US demand for consumer goods. “Retail …
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