The Latest Breaking News from Supply chain

From this year, during the annual Krishi Mela, the University of Agricultural Science, Bangalore (UAS-B) will also hold a ‘Beeja Mela’ (seed fair) to tackle the obstacles that figure in the seed supply chain. This was announced on Thursday by S.V. Suresha, Vice-Chancellor of the UAS-B during the 58th Foundation…

Lego, the world’s largest toy manufacturer, has built a reputation not only for the durability of its bricks, designed to last for decades, but also for its substantial investment in sustainability. The company has pledged US$1.4 billion to reduce carbon emissions by 2025, despite netting annual profits of just over…

Update 9/30: Correcting the number of companies interested in receiving support from the CHIPS fund. GlobalFoundries has applied for financial support from the U.S. CHIPS and Science Act to expand its American manufacturing sites, the company said this week. The company intends to get federal grants and investment tax credits…

In what many have deemed a disaster, the UK government’s latest auction for renewable power – an annual attempt to incentivise private sector investment in a range of power sources – has failed to bring forward any new offshore wind projects. Consequently, the government’s own target of achieving 50 gigawatts…

The auto industry is well-positioned to rebound this year thanks to the easing supply chain and falling inflation. Additionally, the shift to cleaner modes of transportation is boosting the industry's long-term growth prospects. To that end, it could be wise to add fundamentally strong auto stocks Niu Technologies (NIU), Ford…

The automotive sector is racing ahead with remarkable strides, embracing a profound digital transformation that paves the way for substantial future expansion. In this context, let's determine which of the two auto stocks, QuantumScape (QS) and Continental Aktiengesellschaft (CTTAY), holds the potential for better returns. Read on….

G20 Framework Working Group (FWG) meeting began in Raipur, India. Discussed global economic outlook and supply chain. 65 delegates from G20 and invitee countries, plus international and regional organisations. Presentations on global economic scenario & challenges to supply chain. Deliberations resulted in G20 Reports on food and energy insecurity and…

The United Auto Workers and automakers resumed negotiations this weekend. But UAW president Shawn Fain described progress as "slow."

China's Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying it is a protectionist action aimed at distorting the supply chain