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The Latest Breaking News from Supply chain

New York’s Electric Zoo festivalgoers livid as first day cancelled hours before gates due to open

Festival organisers blamed supply chain issues for the cancellation

The Independent UK

Punjab’s Nasha Roko Committees: the anti-drug lords

In 47 days since Parwinder Singh ‘Jhota’s arrest, a sit-in has been in progress at the Mansa district admin complex. Supported by thousands from Punjab’s Malwa region, farmer unions, and Nasha Roko Committees, they are protesting the drug problem and lack of faith in police/govt. Parwinder, a former drug user,…

The Hindu

Will Apple’s Diversification Beyond China Boost Prices for its Products?

Last year, Apple (AAPL ) listed 188 companies worldwide that provided components and services to assemble its iPhones, MacBooks, and other devices. Of all those companies in Apple’s supply chain, about 80% of them are from China. However, as the COVID-19 pandemic emerged and U.S. and Chinese tensions escalated in...

Barchart

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Advance Auto Parts Updates Guidance As Profits Fall

Price hikes could not offset product costs and supply chain deleverage, Advance Auto says.

Kiplinger

California Is On the Verge of a World-Changing Climate Bill — But It’s in Trouble

Emissions disclosure bill is testing the state’s climate resolve in the face of industry misinformation.

Capital & Main

IIT-Madras launches certificate course on operations and supply chain analytics

IIT Madras launches certificate programme on 'Operations & Supply Chain Analytics' to equip managers w/ analytical skills & data-driven decision-making. Last date to register is Sept 20. No eligibility criteria, but basic math & stats knowledge req'd. Apply at https://code.iitm.ac.in. #IITMadras #Operations #SupplyChain #Analytics #DecisionMaking

The Hindu

‘Citizen scientists make a vital difference’: the locals who proved the River Wye was polluted

Volunteers testing the water, supported by university research, have forced admission about damaging intensive chicken farms

The Guardian - UK

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China’s Grip On Tesla’s Battery Supply Chain Highlighted In New Report

Several Chinese companies supply essential battery components to Tesla, but the brand aims to lower its reliance on imports.

InsideEVs

The Aerospace Recovery Is Still Going Strong: Kiplinger Economic Forecasts

The aerospace industry is recovering as orders for Airbus and Boeing aircrafts boom, but supply chain issues have slowed production.

Kiplinger

Greens push Labor to release declassified climate crisis report ‘full of explosive truths’

Transparency would help MPs ‘weigh up predicted wars, water shortages and supply chain collapses against every new coal and gas approval’

The Guardian - AU

Apple To Shift IPhone 15 Production To India, Aiming To Decentralize Supply Chain

With plans to manufacture 15 million units in India this year, Apple aims to reduce production delay to less than 10 days.

Zenger

EnLink Midstream Publishes Sustainability Report, Exxon Explores Lithium Supply Chains, Global Lubricants Market Analysis

EnLink highlights emissions reduction, Exxon in talks with automakers for lithium supply, lubricants market overview

Zenger

Many global corporations will soon have to police up and down their supply chains as EU human rights 'due diligence' law nears enactment

The European Union will soon require thousands of large companies to actively look for and reduce human rights abuses and environmental damage in their supply chains. And although it’s an EU law, it will also cover foreign businesses – including American ones – that have operations in the region.

The Conversation

Jaishankar bats for deeper India-Latin America engagement

S. Jaishankar pitches for deeper India-LAC ties in agri, supply chain, resource partnership. Bilateral trade surged to $50B, Indian investments in LAC at $15B. India's economic growth to meet aspirations of rising middle class in region.

The Hindu

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Zenger

In Today’s Top Stories Related To Apple Inc (NASDAQ: AAPL),

We delve into the company's recent legal and supply chain moves, as well as its upcoming Q3 results

The Guardian - AU

Sticky beef: why Australia’s supermarket meat prices remain high despite falling livestock markets

Saleyard prices for cattle and sheep have dropped to 2018 levels but rising supply chain costs mean retail prices are unlikely to follow

The Conversation

Learning from Lululemon: If Canada wants to get serious about forced labour, disclosure laws won’t do

The Canadian government recently passed the Fighting Against Forced Labour and Child Labour in Supply Chains Act. The new law is designed to address forced labour and child labour in supply chains by requiring companies to disclose their efforts in eliminating labour abuse from their supply chains.

Newsroom.co.nz

Questions over NZ modern slavery law as cosmetics exploitation report released

As the Government starts the process towards a Modern Slavery Act, findings from a new report into child labour in the cosmetics industry suggests stronger measures are urgently needed

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The Hindu

Chip tactics: on India’s bid to attract major global chip manufacturers

Prime Minister Narendra Modi’s assurance of understanding the needs of the global chip supply chain needs to be matched by actions to assuage concerns

Kiplinger

Home Depot Says It Can Manage Despite Yellow Trucking’s Shutdown

Plans are always in place for potential supply chain disruptions, Big Box retailer says.

StockNews.com

3 Auto Stocks That Investors Should Watch This Month

The auto industry is well-positioned for solid growth driven by the easing of supply chains and inflation, changing consumer preferences, rise in disposable income, and growing adoption of EVs. To that end, it could be wise to add fundamentally strong auto stocks Ford Motor Company (F), General Motors (GM), and…

Kiplinger

Global Factory Production Dips, but Supply Chains Improve: Kiplinger Economic Forecasts

China, along with most nations worldwide, has seen dips in factory production, but supply chains and delivery times have begun to even out.

Newsroom.co.nz

A quantum boost for global supply chains

With their ability to handle huge amounts of data and calculations, quantum computers can give businesses an edge, writes Andrei Kwok

The Guardian - UK

Battery power: how China could take charge of the electric vehicle market

The country’s manufacturers are starting to dominate not just sales charts, but also supply chains for crucial materials

Barchart

Is It Time to Sell Semiconductor Stocks?

Many semiconductor stocks are up big in 2023. Should investors take profits or hold tight?

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