General Motors Co offered a profit forecast for 2021 that disappointed analysts on Wednesday, as its third-quarter earnings were hit by a global semiconductor shortage and rising commodity prices, factors it expects to continue until late 2022.
Continental Europe's $35 billion ceramics industry thought the worst was over when sales jumped more than 10% in the first half of the year and order books began to fill up after the damage inflicted by the pandemic.
Investors hope to gauge the impact of the global supply-chain logjam on restaurant expansion plans when McDonald's Corp , Starbucks Corp and Yum Brands Inc report capital expenditures in their earnings this week.
Advanced Micro Devices Inc on Tuesday projected higher fourth-quarter revenue than market expectations, betting on its ability to overcome a weak supply chain to meet strong demand for chips used in gaming consoles and data center servers.
Panasonic on Monday unveiled a new large prototype battery designed to help Tesla Inc lower electric vehicle (EV) production costs, in a move the Japanese company's battery chief said would deepen business ties with its key U.S. customer.