MH Daily Bulletin: December 21

December 21, 2022 • Posted in Daily Bulletin

News relevant to the plastics industry:

At M. Holland

  • Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets.
  • M. Holland will be closed Friday, Dec. 23 and Monday, Dec. 26, in observance of Christmas.

Supply

Three countries provided almost 70% of liquefied natural gas received in Europe in 2021

Supply Chain

Domestic Markets

Americans Anticipate Economic & Environmental Trouble
United States Housing Starts

International Markets

Euro Area Consumer Confidence
  • Canadian retail sales rose by 1.4% from September to October, the biggest gain in five months, new data shows.
  • Orders for Taiwanese exports, a bellwether of global tech demand, tumbled 23.4% in November from a year earlier, the largest annual decline since March 2009:
Taiwan Export Orders
  • The World Bank approved an additional financing package totaling $610 million to address relief and recovery in Ukraine. The U.S.’s latest spending bill would direct an additional $45 billion to the country.
  • Amazon reached a settlement with the EU in three antitrust probes, saving it from a fine of up to 10% of its global turnover.
  • Canadian software firm BlackBerry said the sales cycles for its key cybersecurity business has grown longer, leading to flat sales in the first half of 2023.
  • The EU’s antitrust watchdog plans to open an investigation into chipmaker Broadcom’s planned $61 billion acquisition of American cloud computing company VMware.
  • Ethiopian Airlines, Africa’s biggest carrier, expects passenger business to recover to pre-pandemic levels in its financial year ending in June.
  • Ryanair reached a four-year pay deal with its Irish pilots’ union, including restoration of pay that was cut to help the airline through the pandemic.

Some sources linked are subscription services.

Stay informed with industry trends and insights.

Stay informed with industry trends and insights.
This field is for validation purposes and should be left unchanged.