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Global Trade & Economics: Page 188

Amazon, Hilton and Pepsi to Hire Thousands of Refugees in Europe

The firm said most of the new roles for refugees would be in areas such as fulfilment and distribution.

Photo: iStock.com/Sviatlana Lazarenka

Boeing Sees $8 Trillion Jet Market as Climate Reshapes Travel

The U.S. plane maker’s latest tally of industry-wide deliveries over the next 20 years takes into account growing activism over jet emissions.

Photo: Bloomberg

Indian Ports Remain Shut as Cyclone Unleashes Powerful Winds

Pipavav port, operated by APM Terminals, resumed landside operations, the company said in a statement late June 16, though marine and quay-side operations remained suspended.

Gujarat, India. Photo: iStock.com/0shi

Billionaire Reuben Brothers Sue Trafigura Over Nickel Fraud

Trafigura said it expected to lose nearly $600 million due to “systematic fraud” perpetrated by businessman Prateek Gupta, according to legal filings seen by Bloomberg.

Photo: Cole Burston/Bloomberg

U.S. Factory Output Nearly Stalls as Sector Struggles for Traction

Manufacturing outputs during May 2023 rose 0.1% compared to the previous month but were still 0.3% lower than levels during May 2022.

Smyrna, Tennessee. May 2021. Photo: Bloomberg

U.S. Supply Chain Threat Diminishes with West Coast Port Deal

President Joe Biden, in a statement released the evening of June 14, hailed the tentative agreement as proof that “collective bargaining works."

Los Angeles, California. June 2023. Photo: Eric Thayer/Bloomberg

Airbus Predicts Asia to Lead Air Traffic Boom in Coming Decades

Airbus expects global installed fleets to more than double through 2042 to 46,560 aircraft, with 23,680 planes representing growth and 17,170 going toward the replacement of older jets.

Hamburg, Germany. January 2023. Photo: Morris MacMatzen/Getty Images/Bloomberg

Blinken to Travel to China This Week in Push to Repair Ties

U.S. officials are calling the June 16-19 trip by Antony Blinken a chance to resume communications that had been disrupted by months of tension.

Photo: Bloomberg

German Carmakers Warn of Tough EU Talks on Post-Brexit EV Trade

The German automotive industry said it won’t be ready to meet 2024's new production thresholds because Europe’s battery supply chain is still ramping up, according to the VDA lobby.

Photo: Bloomberg

Hong Kong to Recruit 27,000 Foreign Workers Amid Shortage

Hong Kong expects to receive applications for jobs in the construction and transportation sectors beginning July 2023 and may need about two months to process them.

Hong Kong, China. April 2023. Photo: Lam Yik/Bloomberg

U.K.’s Centrica Warns More Gas Storage Needed for Energy Security

The CEO of Centrica, the U.K.'s largest natural gas supplier, said the partial reopening of the country's biggest gas storage facility isn't enough to ensure energy security.

Isle of Grain, U.K. August 2022. Photo: Bloomberg

ILWU Canada Workers Vote to Authorize a Strike

Over 99% of ILWU Canada members voted in favor of strike actions with the earliest possible start date reportedly being June 24, 2023.

Vancouver, Canada. Photo: iStock.com/bloodua

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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