supply chain
- Business
China’s manufacturing activity improves for 1st time in 3 months
Manufacturing PMI rises to 50.9 in May, thanks to strong and accelerated hike in production Manufacturing activity in China recovered…
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Hyundai and LG announce $4.3 billion plant in Georgia
Hyundai Motor Group and LG Energy Solution have announced they will build a $4.3 billion electric battery plant as part…
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China bans purchases from US chipmaker Micron
World’s 2nd largest economy claims products of largest US maker of computer memory chips pose ‘national security risk’ China has…
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Aramco, DHL form new procurement and logistics hub JV
The Saudi Arabian Oil Co., also known as Saudi Aramco, announced a new end-to-end procurement and logistics hub joint venture…
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Volkswagen announces five-year $193 billion investment plan as electrification gathers pace
The German automotive giant earlier this month posted a full-year 2022 operating profit of 22.5 billion euros, up 13% from…
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China’s factories storm ahead, output growth returns to eurozone
China’s factory sector grew in February at the fastest pace in over a decade, a standout in Asia, where manufacturing…
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Businesses eye potential supply chain fall-out from Turkiye earthquake
Maersk halts operations at Mediterranean port citing ‘severe structural damage’ Businesses and logistics companies are scrambling to assess the potential…
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Three e-scooter companies withdraw from market in Istanbul
Three companies operating a total of more than 8,000 e-scooters in Istanbul have pulled out of the market of their…
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Tesla cuts price of world’s fastest production sedan by more than $A30,000
Last week, Tesla surprisingly dropped prices on their best-selling Model 3 and Model Y models in the US. It has…
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Bulgarian firms turning to Turkiye amid supply chain problems
Bulgarian companies see Turkiye as a way out of the supply chain problems that occurred after the COVID-19 pandemic. The…
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