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(Bloomberg) Workers at a General Motors Co. truck plant in Mexico voted to cancel their union contract after the U.S. initiated a dispute against conditions at the factory, a historic victory for the North American free trade agreement. ....
(Bloomberg) The global shortage of semiconductors will cut worldwide auto production by as many as 7.1 million vehicles this year, and pandemic-related supply disruptions will hobble the industry well into next year, IHS Markit said. ....
In a note, the foreign brokerage said taper talks in the US, potentially higher US bond yields, firm dollar, consensus EPS cuts and recent muted IPO gains are negatively impacting retail investor sentiment and could act as negative triggers. ....
(Bloomberg) Uganda signed a commitment letter to buy 18 million doses of China’s Sinopharm vaccines to speed up the pace of Covid-19 inoculation, as supply of donated shots has so far been erratic.
(Bloomberg) The rollout of Covid-19 booster shots by a growing number of wealthy nations makes a “mockery of vaccine equity,” World Health Organization Director for Africa Matshidiso Moeti said. ....