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The Latest Breaking News from Supply chain

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

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.

Reuters

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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

America’s Military Depends on Minerals That China Controls

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

Foreign Policy

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’

Birmingham Post

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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.

Fortune

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

Birmingham Post

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.

StockNews.com

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…

IT Pro

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.

Bangkok Post

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,…

IT Pro

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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.

Salon

How "ugly" produce helps our food system

It couldn't be easier to reduce food waste. Just stop throwing out your less-than-ideal looking produce

Caixin Global

China Green Bulletin: A Fracturing Global EV Supply Chain

Chinese EV and battery-makers are bracing for a sweeping restructuring of the global lithium industrial chain long dominated by China

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ABC News

Fears for $500m in frozen food as Scott's transport collapse leaves supply chain in disarray

More than 110,000 pallets of perishables languishes in warehouses all over the country as the transport logistics sector struggles to fill the gap left by one of Australia's biggest refrigerated food movers, which collapsed last week with 1,500 job losses.

Tribune News Service

Carmakers can kiss pre-pandemic combustion car sales goodbye

There are growing signs that global auto sales will continue their comeback from the pandemic, chip shortage and other supply chain snarls. As the recovery takes shape, it’s becoming clearer that sales of internal combustion vehicles are unlikely to ever return to pre-pandemic levels.

StockNews.com

4 Solar Stocks to Avoid Until Further Notice

The solar industry enjoyed impressive growth over the past decade but is now facing heightened volatility due to price fluctuations, declining solar installations, and supply chain disruptions. Hence, fundamentally weak solar stocks SolarEdge Technologies (SEDG), Sunrun (RUN), Sunnova (NOVA), and Beam Global (BEEM) might be best avoided now. Read on….

InsideEVs

Tesla's Impact On Evolution of Intelligent EVs And Their Supply Chains

The concept of vehicles being intelligent devices is relatively new, and it has largely come as a result of Tesla’s contributions to the auto industry.

Fortune

Slack, supply chains and customer services all get generative-A.I. smarts

Microsoft and Salesforce are baking generative A.I. into their enterprise services.

The New Daily

Cool it: Despite cold trucking firm collapse, reports of a supply disaster are overheated

As long as we don’t make things worse, supply-chain shortages should be short-lived – an inconvenience, but not a disaster.

Al Jazeera

Southeast Asia the ‘new China’ for supply chains: business group

ASEAN Business Advisory Council chairperson Arsjad Rasjid says region should be ‘supply chain of the world’.

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