Russia ranks third in world nickel production, a circumstance that has boosted nickel prices after the invasion of Ukraine. Refined nickel metal is the main form of nickel used in electric vehicle batteries. It is a key component in the cathodes of many of the most common lithium-ion
The global semiconductor shortage was exacerbated by Russia‘s invasion of Ukraine (a major producer of neon gas), according to a U.S. Federal Reserve report. The prices of several raw materials that are vital to some manufacturing industries soared in the first days of the conflict, such as neon
In an analysis, the Swiss Central Bank highlighted digitalization and the trend towards sustainability as both an opportunity and a risk. First and foremost, most companies see the ongoing digitalization as an opportunity to make production processes more efficient. At the same time, increased interconnectedness -including through online
Despite last year’s growth base and changes in customer shopping habits, Walmart de México y Centroamérica’s (Walmex) eCommerce sales continue to grow solidly. During the second quarter of 2022, eCommerce Gross Merchandise Value (GMV) grew 22% and sales increased 18%, resulting in a 0.9% contribution to the company’s
Grupo Bimbo invested Ps. 1.283 billion in sugar producer Beta San Miguel as part of its investments in subsidiaries, joint ventures and associates in the second quarter of 2022. Other notable investments in this area were 461 million pesos in B37 Ventures II and 379 million pesos in
China, India and the United States were the world’s largest consumers of nitrogen fertilizer in 2021, according to data referenced by CVR Partners. The United States is the world’s largest exporter of coarse grains, accounting for 29% of global exports and 27% of global production for the fiscal