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The Latest Breaking News from Supply chain

Biden plans to use cold-war era law in attempt to lower US prices

Defense Production Act of 1950, passed to streamline production during Korean war, was last used during Covid pandemic

The Guardian - US

Biden to convene new supply chain council and announce 30 steps to strengthen US logistics

President Joe Biden will convene the first meeting of his supply chain resilience council

The Independent UK

Microsoft claims CyberLink has been breached by North Korean hackers

Supply chain attack saw CyberLink software abused to drop malware, Microsoft reveals.

TechRadar

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Cyber attacks from North Korea are increasing and more sophisticated, warns UK and South Korea

Intelligence and security chiefs in London and Seoul issued a joint warning about the threat

Evening Standard

Attentive Energy investing $10.6M in supply chain, startups to help New Jersey offshore wind

A company proposing a wind farm off New Jersey is investing $10.6 million to help grow the industry’s supply chain and support related technology startups

The Independent UK

How this Danish wind company became public enemy number 1 for Republicans in its ‘biggest pain point’—the U.S.

From bad economics to the ire of Donald Trump, the U.S. has become a pain Orsted could do without.

Fortune

India, U.S., 12 other IPEF members ink supply chain resilience agreement

India, the U.S. and 12 other members of the Indo-Pacific Economic Framework For Prosperity (IPEF) grouping have signed a supply chain resilience agreement that would provide benefits such as potential shifting of production centres in critical sectors and mitigating risks of economic disruptions from supply chain shocks.

The Hindu

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Disney says it has $40 billion economic impact in Florida as it battles DeSantis in court

Disney has released a study showing its economic impact in Florida at $40.3 billion, directly and indirectly through its supply chain and employee spending

The Independent UK

3 Shipping Stocks Set for a Strong November Performance

As the global logistics sector continues to thrive with growing demand for air freight and cargo services, robust performing shipping stocks Kuehne + Nagel (KHNGY), ZTO Express (ZTO), and FedEx (FDX) might be solid buys for investors this month. Read more.

StockNews.com

UK subsidies for offshore windfarms likely to increase amid rising costs

Developers say higher prices across their supply chains mean costs have climbed by about 40%

The Guardian - UK

NIO (NIO) and Honda Motor (HMC): Which Road Will These Auto Stocks Take Through the End of 2023?

Due to supply chain improvements, auto sales are expected to stay strong. Against this backdrop, let's assess the investment potential of two auto companies, NIO (NIO) and Honda Motor (HMC). Keep reading….

StockNews.com

Fresh water is a hidden challenge − and opportunity − for global supply chains

Reports of lengthy shipping delays for vessels traveling through the Panama Canal this year have highlighted the critical but often overlooked role that fresh water plays across global supply chains. Drier than normal conditions in Panama, brought on by El Niño, have left the region drought-stricken and water levels in…

The Conversation

1 Stock Set to Fly on the Airline Supply Chain Crisis

Maintenance spending has soared this year to about 14% of airlines’ total revenues. That's great news for companies that maintain airplanes - including this well-positioned producer and supplier of replacement parts.

Barchart

The problem with the ‘70 hours a week’ line

With the developed world veering towards strict enforcement of ILS across global supply chains, India Inc. can ill-afford to support a weakening of labour rights

The Hindu

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Newsroom.co.nz

Business is doing the heavy lifting to meet climate targets - it's time Govt steps up

A report says Climate Leaders Coalition members are all now working with suppliers and customers to reduce their scope 3 supply chain emissions, and Spark NZ's CEO says the incoming government must also step up to slow climate change.

The Guardian - UK

UK construction output falls again; job cut fears as British Steel confirms plans to shut blast furnaces – business live

UK housebuilding decreased for the eleventh month running in October, while 2,000 jobs could be threatened if British Steel replaces two blast furnaces in Scunthorpe

inkl

Investing in Efficiency: Tools and Tactics for Financial Sustainability

The quest for financial sustainability is a perennial concern that resonates with every business leader.

StockNews.com

Mullen Automotive (MULN) and Ford Motor Co. (F): Which Road Will These Auto Stocks Take in November?

Auto sales, impacted by inflation and supply chain issues, are expected to recover due to reduced inflation and improved supply chains. Is it a wise move to invest in Ford Motor Company (F) and Mullen Automotive (MULN) at this point? Keep reading.

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The Hindu

Post harvest management, new age tech essential to curb volatility of tomato prices, say experts

Tomato production not a challenge; post-harvest management lacking. Dr. Dalwai suggests integrating value system & diversifying supply chain to benefit farmers. Conference aimed to discuss solutions for tomato farming, processing, cultivation & utilisation. Gaps in resource allocation, biosecurity bill & dissonance between farmers & global market discussed. Need to expand…

The Independent UK

Biden will host Americas summit that focuses on supply chains, migration and new investment

President Joe Biden is gathering leaders from countries across the Americas on Friday in the U.S. capital to discuss the tightening of supply chains and addressing migration issues

The Conversation

How Canadian companies can use tech to identify forced labour in their supply chains

Levi Strauss Canada is yet another company facing allegations of forced labour in its supply chain. The allegations, which Levi Strauss denies, centre on whether the company is working with suppliers using Uyghur forced labour. With over 27 million people worldwide in forced labour, we can expect to witness similar…

The Independent UK

Orsted scraps 2 offshore wind power projects in New Jersey, citing supply chain issues

Danish energy developer Orsted is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty to a nascent industry the Biden administration is counting on to help transition away from the burning of planet-warming fossil fuels

AAP

High-purity silicon from Townsville to power the world

Silicon for solar panels and batteries will be part of a green precinct for high-tech manufacturing to kickstart new supply chains and end China's dominance.

The Independent UK

G-7 nations back strong supply chains for energy and food despite global tensions

Trade and economy officials from the Group of Seven wealthy democracies have strengthened their pledge to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties

Fortune

Extreme weather is a $23 billion problem for the housing market—and growing, but this analytics chief says 'really encouraging' investments are coming to market

CoreLogic's John Rogers says there's movement from "talking about climate change to real action across the supply chain of building homes."

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