"They have put the entire U.K. economy on the 3:30 at Epsom," said Sir Stuart Rose . "If it comes in, people will cheer but if it doesn't, people will be in a very difficult position indeed."

The boss of Aldi has said customers in the U.K. are switching to the discounter "in droves" as the cost-of-living crisis continues to hit struggling households.

This year’s hiring plan signals less need for extra manpower, as U.S. consumers contend with the highest inflation in four decades.

The automaker suspended operations at its plant in Saint Petersburg in March along with peers including Nissan Motor Co. and Honda Motor Co.

A congressional advisory body is urging legislators to strengthen U.S. defenses against China’s growing control of digital information related to global shipping and cargo, warning it could undermine national security and businesses.

Earnings for freighters that move autos and industrial machines across the globe have surged to about $80,000 a day, the highest in data since at least 2000.

A new trade agreement can be Africa’s game-changer if stakeholders don’t miss the vital piece in the puzzle: the need for an efficient supply chain.

The report is produced annually for the Council of Supply Chain Management Professionals (CSCMP) by global consulting firm Kearney.

The company said inflation is pushing supplier costs $1 billion higher than expected in the current quarter, joining the chorus of major corporations warning about challenges rippling through the economy.

The delivery giant’s shares fell on Sept. 16 in the biggest one-day percentage drop since FedEx went public in 1978.