Europe

War Dims Global Business Outlook as Inflation Plight Worsens

March 25, 2022

Factories from Australia to Europe are seeing already surging costs jump further as Russia’s war in Ukraine and the barrage of sanctions rolled out in response roil commodity markets and trade.

Russian Oil Seeps Into Global Market, Easing Supply Fears for Now

March 23, 2022

Bloomberg

Millions of barrels of Russian oil are still finding a way to buyers almost a month after the country first invaded Ukraine.

U.S., U.K. Reach Deal to Ease Tariffs on Steel and Aluminum

March 22, 2022

Bloomberg

The U.S. and U.K. reached a deal to ease tariffs on British steel and aluminum, resolving a longstanding irritant as the nations work to strengthen trade and integration.

Europe Can Endure Painful Transition to Live Without Russian Oil

March 18, 2022

Bloomberg

The European Union would endure a short and painful transition if it halted Russian oil and coal imports, but with the help of its international partners the bloc could end its dependence on Moscow, a new study shows.

Carmakers Seen Producing 5 Million Fewer Vehicles After Russian Invasion

March 17, 2022

Bloomberg

A closely watched auto-industry forecaster lopped more than 5 million cars off its projections for global production this year and next, largely due to fallout expected from Russia’s invasion of Ukraine.

When Will the Chip Shortage End? U.S., EU Spend Billions in Race to Beat China

March 16, 2022

Bloomberg

Sanctions are causing a shortage of microchips in Russia. Meanwhile, the U.S. and Europe are spending billions in a race to reduce reliance on imports just as China plans to turn itself into a chip powerhouse.

Ukraine Farmers Urged to Sow But Fear for Workers’ Lives

March 14, 2022

Bloomberg

Ukraine President Volodymyr Zelenskiy is urging farmers to sow as many fields as possible to protect the food supply. But several of the nation’s largest agribusinesses say some plantings just won’t happen if Russia continues its war in Europe’s breadbasket.

Europe Burns More Coal to Wean Off Russian Gas

March 14, 2022

Bloomberg

European utilities are getting increasingly reliant on coal for power as the region tries to reduce its dependence on Russian natural gas.

A UNIFORMED OFFICER STANDS IN A CROWD OF PEOPLE

Corporations Are Hiring Experts to Help Workers Escape Ukraine War Zone

March 11, 2022

Bloomberg

U.S. companies are enlisting former military and law enforcement professionals to help employees in Ukraine navigate congested roads and train stations to slip across the border to safety.

Russia Bans Export of 200 Products After Suffering Sanctions Hit

March 10, 2022

Bloomberg

Russia announced an export ban for more than 200 products after the economy was hit by sanctions over the invasion of Ukraine. It stopped short of curbing sales of energy and raw materials, the country’s biggest contribution to global trade.

Europe

The latest supply chain news, analysis, trends and best practices for companies operating in Europe. Learn how businesses are optimizing supply chain and logistics performance across Europe’s 50 sovereign states and four dependencies - addressing a range of challenges such as varying regulations, developing customs and tax laws and government controlled exchange rates.