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The Latest Breaking News from Supply chain

Toyota Exec Thinks Average New Car Prices Will Top $50K This Year: Report

Despite the recovery of the supply chain, an average price increase is projected to occur.

Motor1

Why securing software should go far beyond trusting your vendors

In efforts to create the most havoc possible, hackers seek victims who, once attacked, will sustain severe damage.

TechRadar

Wetherspoons in 'ferocious' inflation warning despite return to profit

Pub chain boss Tim Martin says that company is 'cautiously optimistic' about the next few years as supply chain issues fade

Wales Online

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TMX picks Bangkok for metaverse base

TMX Global, an Australia-based supply chain transformation consultancy, has selected Thailand for the global launch of its "TMX Metaverse", an industry-first solution in terms of distribution centre design and virtual technology.

Bangkok Post

ChatGPT privacy flaw exposes users’ chatbot interactions

OpenAI has revealed a privacy flaw in its popular chatbot ChatGPT temporarily allowed users to see the conversation titles of other users in their chat history. Users on Reddit and Twitter started reporting the bug on 20 March and shared screenshots indicating that their ChatGPT web history contained titles they…

IT Pro

2 Auto Stocks to Buy Right Now and 2 to Avoid

While macroeconomic uncertainties are expected to remain in the near term, rapid EV adoption easing supply chain issues should bolster long-term growth in the auto industry. Hence, fundamentally strong auto stocks Stellantis N.V. (STLA) and General Motors (GM) could be ideal additions to your portfolio. However, fundamentally weak NIO (NIO)…

StockNews.com

Food aid supply chains rely on a surplus – here's what happens during a shortage

Many households in Britain have felt the impact of recent food shortages or, at the very least, noticed sparse shelves in the fresh produce aisle of their local shop. For people whose next meal may come from food aid, not a supermarket delivery, the impact is even harsher.

The Conversation

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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

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

WEKU

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

WEKU

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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360info

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.

Asharq Al-Awsat

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…

Tribune News Service

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.

WEKU

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.

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news in one place.

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Reuters

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

Insider UK

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’

Birmingham Post

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

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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