Global chip shortage, COVID-19 pandemic weigh on French car market rebound

Global chip shortage, COVID-19 pandemic weigh on French car market rebound

Global chip shortage, COVID-19 pandemic weigh on French car market rebound

Fed Meeting, Global Recovery Gap, Korea Confidence Dips: Eco Day

Fed Meeting, Global Recovery Gap, Korea Confidence Dips: Eco Day

Bloomberg Economics anticipates only modest tweaks to the Fed policy statement out of Wednesday’s FOMC meetingThe IMF warned unequal access to vaccines was further widening the recovery gap between advanced and developing economiesSouth Korean consumers turned less optimistic about the economy as the country grapples with its worst coronavirus outbreak to dateIt’s everywhere. At the…

McKinsey Sees Global Freight Costs Elevated for a Year or Two

McKinsey Sees Global Freight Costs Elevated for a Year or Two

The cost of shipping goods across the world’s oceans and air routes may stay high for a year or more as consumer demand stays strong and the already tight supply of capacity to move cargo commands a premium, according to McKinsey & Co.