Factories in the United Kingdom are having a hard time satisfying the record demand for their goods due to severe supply constraints.

The euro dropped on Wednesday after a poll showed German business morale worsened in November, according to the Ifo institute.

A surge in container shipping rates poses a threat to the global economic recovery, with small countries dependent on deliveries by sea expected to be hardest hit by a spike in import prices, UN agency UNCTAD said on Thursday.

Construction of new homes in the United States tumbled in October as activity remains constrained by shortages of materials as well as scarce land and labor.

Amazon has told customers that it plans to stop accepting payments made with UK-issued Visa credit cards in January.

British inflation spiked close to a decade-high in October partly on higher energy bills and resurgent post-lockdown demand, official data showed Wednesday, sparking fresh talk of an interest rate hike.

Apparel companies are increasing the number of their production sites in Balkans and Latin America.