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A credible pathway exists to achieve global net zero by 2050, but it needs clean power deployment to quadruple by 2030, major investment in carbon capture and storage, advanced nuclear technologies, hydrogen: BloombergNEF’s New Energy Outlook 2022

Novartis reportedly considering sale of its ophthalmology, respiratory units in 2023 reports Bloomberg; ophthalmology business may be worth up to US$5.0B

Survey of truckload carriers shows about 33% expect load growth to decline over the next six months, with concerns about upcoming peak season weakness; carriers report average decline of 30% in the number of loads available: Truckstop, Bloomberg

Bloomberg Economics probability model sees 100% chance of a recession in next 12 months, up from 65% in previous forecast, as inflation continues to be high in spite of Fed's aggressive moves; model uses 13 different macroeconomic and financial indicators

Bloomberg reports Southeast US medical logistics network may take one to two months to recover from Hurricane Ian; weekly average of deliveries falls 32% week-over-week, shipment loads drop 30% week-over-week reports FourKites

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