Tag: chains

Elephants in Frames | Documentary

This film is only available in the United States because of territorial licensing. The intriguing world of the Asian working elephant. Unnaturally bent legs slip on a steep hillside as thick chains draw blood under the dragging weight of vast logs. Asian elephants have worked for mankind for over 4,000 years. Generations of labor, performing,…


European Retailers Turn Off Lights, Cut Opening Hours to Save Energy

LONDON—As energy bills mount and the threat of rationing increases, some European retailers are turning off lights and considering shorter opening hours this winter. Energy bosses and government officials have urged people and businesses to reduce power use and put in place contingency plans so they are less reliant on gas imports if there are…


Russia to Spend $9 Billion to Rebuild Supply Chains, Prime Minister Says

Russia plans to spend 1 trillion roubles ($9 billion) on so-called anti-crisis measures, Prime Minister Mikhail Mishustin said on Tuesday, as the government tries to partially offset the impact of fresh western sanctions. The plan includes more than 100 proposals and is to be updated, Mishustin said, to rebuild production and supply chains. ($1 =…


Germany’s Largest Port Sees Volatile Transport Chains for Rest of Year

BERLIN—Europe’s third largest harbour, the German Port of Hamburg, reported a 2.9 percent hike in sea cargo in the first nine months of 2021 on Tuesday but warned that global transport chains would remain volatile for the rest of the year. Global trade has been marred by logjams in container ports caused by disruptions from…


Global Supply Chain Logjams, Costs in Focus as Restaurant Chains Report Earnings

NEW YORK—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. Skyrocketing prices for kitchen equipment—as well as for labor, food, and other goods—are prompting some U.S. restaurant chains to curtail opening plans…


Japan’s Hot Exports Growth Cools as COVID-19 Hits Supply Chains

TOKYO—Japan’s exports extended double-digit gains in August, led by strong shipments of chip manufacturing equipment, although the pace of growth weakened as COVID-19 hit key Asian supply chains and slowed factory production. The trade growth is unlikely to dispel worries about the outlook for Japan’s economy, which has not yet recovered to pre-pandemic levels after…