Industries

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

Photo via Nikola

Autos

Nikola’s Hydrogen Trucks Hit Production Snags

A shortage of pressurized fuel tanks and electric batteries has significantly disrupted production.

1 min read
Photo by Dima Pechurin via Unsplash

Consumer

Luxury Brands Can’t Bank on China Anymore

Gucci’s parent company expects sales to slump by 10%, largely due to a downturn in Chinese demand.

2 min read
Photo by Hybrid Storytellers via Unsplash

Consumer

Unilever Jettisons Iconic Ice Cream Brands

The international consumer giant has decided that an entire ice cream portfolio has just become too costly.

1 min read

International Economics

Canada Chooses Prime Minister Set on “Dramatically” Loosening US Trade Ties

Photo by Policy Exchange via CC BY 2.0

Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.

2 min read

Photo by Lukáš Lehotský via Unsplash

Energy

Bill Gates’ TerraPower to Build First Small Reactor in US

The company plans to have one of the newfangled small modular reactors up and running in Wyoming by 2030.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by EKSRX via CC BY 2.0 and Upklyak via Freepik

Geopolitics

My Kingdom for a Sport: Saudi Arabia Goes All in on Athletics

Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.

6 min read
Photo by Flickr via CC BY 1.0

Energy

Shell Backtracks Again on Climate Targets

The energy titan has extended the timeline for its plan to reduce its “carbon intensity.”

2 min read

Consumer

Looking for a Safe Haven Investment? Drive Through the Golden Arches

Photo by Daniel Way via Unsplash

As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.

2 min read

Industries

China’s Electric Vehicle Revolution is Complete

Photo by Michael Förtsch via Unsplash

Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.

2 min read

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