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Think Tank
Regulation & Compliance: Page 180
Strike Threat Averted at Top Indian Coal Producer
A previous court decision to support a legal challenge by a group of executives to proposed hikes in salaries for other workers was overturned October 10.
Unionized Workers Begin Striking at Three Canadian GM Plants
The walkout came after Unifor said that GM was “stubbornly refusing” to match the three-year deal the labor union had previously reached with Ford Motor.
BMW CFO Says EU’s EV Subsidy Probe Could Hurt Auto Makers
The EU launched an anti-subsidies probe into Chinese EV manufacturers, setting in motion a 12-month investigation that could see provisional duties and tariffs imposed over the next nine months.
U.S. to Participate in Upcoming IPEF Negotiating Round
IPEF partners will work towards negotiating the outcomes of Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) of the trade framework.
Chevron Australia Workers Back Latest Strike Threat
Night shift workers at Chevron’s Wheatstone and Gorgon facilities elected to restart the strike during an October 6 afternoon meeting.
EU Formally Opens Subsidies Probe into EVs Made in China
The probe will focus on new battery-powered electric vehicles (BEVs) and alleged subsidies granted by the Chinese state, a legal notice in the EU’s official journal confirmed October 4.
How to Avoid Greenwashing Claims — Through Data
Brands want to supply the sustainable products that consumers demand, yet they must walk a fine line when it comes to promoting those products to avoid accusations of greenwashing.
U.S. Going After Chinese Companies Involved in Fentanyl Supply Chain
The sanctions and charges, which were brought on by the U.S. Attorney’s Offices in Florida as well as the Federal Treasury Department on October 3, were strongly condemned by China.
U.S. Regulators Claim Amazon Used Secret Algorithm to Increase Prices
The algorithm allowed Amazon to improve its profit on items across numerous shopping categories, which caused competitors mimicking the retail giant to raise their prices.
Russia, Saudi Arabia Extend 1.3M Barrel/Day Oil Cuts to the End of 2023
The reductions are part of previously announced voluntary cuts led by Russia and Saudi Arabia totaling 1.7 million barrels per day.
Self-Driving Trucks are 'Not Anywhere Close'
Professor Missy Cummings explained the limitations of artificial intelligence, warning, “There’s so much hype out there; it’s your job as supply chain executives to understand what’s real and what’s not.”
India to Cut Floor Price for Basmati Exports to Stay Competitive
The nation, which has curbed overseas sales of all grades of rice to control domestic food inflation, will reduce the minimum export price to $850 a ton from $1,200.
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