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How business are reacting to attacks on ships in the Red Sea

Companies are responding to disturbances to shipping on the shortest path between Europe and Asia. Attacks in the Red Sea region by Houthi militants in Yemen have actually triggered several shipping business to reroute vessels. Below are details on how companies in numerous sectors are responding: AUTOS ** GEELY: China's second-largest automaker by sales, said on Dec. 22 its electrical car (EV) sales would likely be impacted by a hold-up in shipments. ** MICHELIN: the French tyre maker stated on Feb. 12 logistics issues linked to the Red Sea crisis weighed on its ended up product circulations, mainly natural rubber,...