supply chain News

Pegatron India Fire Traced to Workers’ Failure to Turn Off Electrical Switch: Sources

A factory fire at iPhone assembler Pegatron India was sparked by a short-circuit after an electrical switch was left on, following testing of the devices as they were being put together, two sources briefed on the matter told Reuters. The …

Apple Supplier Pegatron to Halt Assembly at India Plant for Second Day After Fire

Apple supplier Pegatron has told its factory workers not to report for work on Tuesday, halting the assembly of iPhones for a second straight day at its south India factory where a fire broke out on Sunday, three sources told …

AI Fused With Trade Data May Finally Smooth Clunky Supply Chains

The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector use data to ferret out risks and opportunities in the $32 trillion global trading system. During the pandemic, government agencies and industries …

Europe’s Most Important Trade Route Is at Risk From Climate Change

The Rhine River has been a reliable shipping lane for centuries, helping spawn industrial giants along its banks. But those days are coming to an end, and the scramble is made all the more urgent as Germany’s government fails to …

Behind Aviation Recovery, Suppliers Struggle to Keep Up

For dealmakers, this week’s Paris Air Show will showcase the boom in demand for commercial planes and military technology. What won’t be on display is the problem that has consumed time and attention of executives and consultants for the past …

Taiwan Rushes to Prevent China From Cutting Internet, Phones

Buffeted by earthquakes and the potential of conflict with China, Taiwan’s leaders want to accelerate plans to make the island more resilient to communications breakdowns and direct attacks on its digital infrastructure. It could be an impossible task. Audrey Tang, …

G-7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency

Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. …

Ukraine Black Sea Grain Deal Extended for Two Months

The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed as “good news for the world,” a day before Russia could have quit the pact over obstacles to its grain …

East, Southern Europe Win as Firms Rethink Supply Chains

Low-cost economies in eastern and southern Europe are being increasingly favored for investment as companies around the world revamp supply chains to make them more resilient and cost-efficient, a study by professional services group EY found. The finding came as …

NY Fed Says Supply Chain Pressures Normalized in February

Global supply chains have “returned to normal,” the Federal Reserve Bank of New York said on Monday, with pressures dropping to the lowest since before the COVID-19 pandemic threw a wrench into procurement networks worldwide and created shortages for everything …