Global rice markets are in crisis amid ‘artificial’ shortage
Rice is a crucial staple for over half the global population and the world is bracing for its most significant shortage in 20 years. India’s export ban on rice is…
Amazon is focusing on using A.I. to get stuff delivered to you faster
Amazon is increasingly using robotics in its fulfilment centers to carry out repetitive tasks such as lifting heavy packages. Nathan Stirk | Getty Images News | Getty Images Amazon is…
Drone maker Zipline adds vitamins, pizzas and prescriptions to cargo
Drone technology company Zipline, which rose to prominence flying critical medical supplies like blood bags and vaccines over rugged terrain in Rwanda, has seen the commercial side of its business…
Amazon Buy with Prime could be $3.5 billion business: Morgan Stanley
Amazon could have another winner with its Buy with Prime service, according to Morgan Stanley. The company started out as an online bookseller, morphed into an e-commerce giant and tackled…
GM EV unit BrightDrop forecasts $1 billion in 2023 revenue
BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied…
How Congress and corporations can help stop inflation
Americans look to the country’s most powerful bank, the Federal Reserve, to combat inflation. “I think our biggest problem, at least for the foreseeable future, is high inflation,” Mark Zandi,…
Global supply chain woes have seen ‘huge improvement’: Flexport founder
Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. Bloomberg |…
Liverpool workers to strike again absent deal on wages, inflation
A striking dockworker on a picket line outside the Port of Liverpool during a strike in Liverpool, UK, on Tuesday, Sept. 20, 2022. Dockers at Britains fourth-biggest container port voted…
Volvo starts series production of heavy-duty electric trucks
This image shows workers at Volvo Trucks’ plant in Sweden. Volvo Trucks Volvo Trucks said Wednesday that production of three heavy duty electric truck models was now underway, with its…
The different explanation why meals costs are emerging
The United Nations’ worst-case situation calculation is that international meals costs will upward thrust via an extra 8.5% via 2027. More dear fertilizers are contributed to these upper prices, with…