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The Latest Breaking News from Supply chain

Here's what businesses and consumers can do to tackle modern slavery in supply chains

Even though the practice of slavery has been formally abolished, an estimated 49.6 million people are in forced labour globally, a quarter of which are children.

The Conversation

Car prices are still high and they are unlikely to fall anytime soon

WEKU

Why car prices are still so high — and why they are unlikely to fall anytime soon

WEKU

From analysis to the latest developments in health,
read the most diverse news in one place.

Factbox-China's energy investments in Russia

Chinese state energy giants have made a number of multi-billion dollar investments in Russia, one of China's top oil and gas suppliers, across various stages of the energy supply chain.

Reuters

Aramco, DHL Announce End-to-End Procurement and Logistics Hub Joint Venture

Saudi Aramco and DHL Supply Chain have signed a shareholders’ agreement for a new Procurement and Logistics Hub in Saudi Arabia, to enhance supply chain efficiency and sustainability, Aramco said in a statement on Monday. According to Aramco, it would be the region’s first such hub catering to customers in…

Asharq Al-Awsat

Inside SAP’s hiring strategy after layoffs

SAP is focusing on hiring in high-growth areas like its cloud, supply chain, and sustainability business.

Fortune

Deflating the myths of inflation

Factors that influence inflation and cost of living are varied but identifying genuine ones can help policymakers prioritise key solutions.

360info

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Why supply chain issues do not cause inflation

While there is some correlation, it is wrong to say supply chain kinks are a primary cause of inflation.

360info

Germany, Japan Seek Cooperation on Economic Security amid Supply Chain Strains

Germany and Japan agreed to cooperate closely on economic security on Saturday during their first ever high-ministerial government consultations, held amid tensions over global supply chains and economic disruptions caused by the war in Ukraine. German Chancellor Olaf Scholz, accompanied to Japan by six ministers, is looking at ways to…

Asharq Al-Awsat

Japan-South Korea thaw underscores shared economic pain over China

SEOUL, South Korea — The repairing of ties between Japan and South Korea comes amid falling returns in trade from China and ramped-up U.S. efforts to corral its two allies deeper into a supply chain and security network amid rising geopolitical tensions.

Tribune News Service

Why car prices are still so high — and why they are unlikely to fall anytime soon

The average new vehicle costs nearly $49,000, an almost $10,000 increase from before the pandemic. This is a look at today's deeply weird auto market.

WEKU

Germany, Japan seek cooperation on economic security amid supply chain strains

Reuters

Scotland’s first Energy Incubator and Scale Up Hub wins support from BP and Scottish Enterprise

ETZ says £6.5m complex will support supply chain and deliver a ‘cutting-edge innovation ecosystem’

Insider UK

Comment: West Midlands businesses are stepping up to build HS2

Building resilient supply chains underpins success in huge infrastructure says chief commercial officer Ruth Todd

Birmingham Post

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Foreign Policy

America’s Military Depends on Minerals That China Controls

Rethinking supply chains is vital for U.S. security.

Birmingham Post

Devon manufacturer secures £1.8m cooling systems export deal

Green Resource Engineering said the contract had been facilitated by a six-figure bank loan, amid global ‘supply chain struggles’

Fortune

Corporations have a duty to prevent child labor abuses in their supply chains. Here’s how they’re still getting off the hook

Major brands should be held strictly liable for egregious labor violations in their supply chains–regardless of whether they knew about the violations.

Birmingham Post

Orsted committed to 'green-lighting' £8b Hornsea Three offshore wind farm despite Budget disappointment

Potential to put 2.8GW project on hold had been outlined, now team is working with supply chain on creative solutions to bring costs down

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StockNews.com

1 Internet Stock to Buy This Week and 1 to Sell

Rapid digitalization and government initiatives are boosting the US internet industry. Hence, fundamentally strong internet stock Expedia Group (EXPE) might be an ideal buy this week. However, as supply chain issues and cyberattacks continue challenging the industry, fundamentally weak ContextLogic (WISH) might be best avoided. Read more.

IT Pro

Why has the UK government banned TikTok?

The UK government has officially banned the TikTok app from devices across government due to national security concerns. Oliver Dowden, chancellor of the Duchy of Lancaster, confirmed the decision during an address in House of Commons on Thursday. Dowden's speech followed days of speculation that the UK would follow the…

IT Pro

Ofcom approves 5G mmWave, but what are its benefits?

As 5G rollouts continue across the world, regulators are seeking to auction new, high-frequency spectrums classified as millimetre-wave (mmWave). After much consideration, Ofcom has ruled in 2023 it will make mmWave spectrum available across the UK to improve data capacity and speeds, and boost innovation across various industries. SEE MORE…

Bangkok Post

Betagro to launch advanced feed mill

Betagro Plc (BTG), the country's leading branded food company, is launching an advanced feed mill in Nakhon Ratchasima to elevate its agro-industrial business group's supply chain.

IT Pro

Endor Labs launches 100% channel commitment with new partner programme

Dependency lifecycle management specialist Endor Labs has cut the ribbon on its new global partner programme Hyperdrive, as well as announced a 100% channel commitment. The new channel initiative has been designed to help partners leverage Endor Labs’ technology to create “powerful technology combinations” for supply chain security, dependency selection,…

The Independent UK

Yoon: Seoul-Tokyo ties key to address N Korea, supply chains

South Korean President Yoon Suk Yeol called for Japan to join his efforts to improve bilateral relations strained by historical grievances as he prepares to travel to Tokyo for a highly anticipated summit with Japanese Prime Minister Fumio Kishida

InsideEVs

Buyers Of New Porsche Taycan EVs Face Wait Times Of 6 To 9 Months

Porsche CFO Lutz Metschke said the company has "very strong" order bank and order intake at the moment, but it has to manage the supply chain shortages.

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