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SC Security & Risk Mgmt: Page 344

Bank of England Working on Making New Banknotes Meat-Free

The Bank of England is searching for a potential solution to the use of animal fat in its new polymer banknote after recent controversy. Innovia, the printer of the five-pound bill, "is now working intensively with its supply chain and will keep the bank informed on progress towards potential solutions," the central bank said in a statement.

India Cash Crunch May Delay Consumption, Disrupt Supply Chains

Rather than highlighting how far India's economy has come under Prime Minister Narendra Modi's pro-growth administration, a new gross domestic product report underscores just how much there is to lose from his shock clampdown on cash.

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IoT Attacks Could Bring Real-World Damage, Cyber Experts Warn

Members of Congress received a warning this month about security vulnerabilities in the so-called internet of things (IoT), as cyber experts cautioned that with billions of new devices coming online, coordinated hacking attacks could become - literally - a matter of life and death.

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Judge Orders Striking Cargo Pilots Back to Work: 'Imagine Christmas Without Amazon!'

A federal judge last week ordered pilots for a cargo airline that delivers Amazon packages to go back to work. The judge in Cincinnati said it was in the public's interest to end the strike because holiday shoppers expect to receive their packages on time.

'Blood Gold' Found in U.S. Cars and Smartphones

Deep in the jungles of Colombia, thousands of small, illegal mining operations, many under the control of Marxist guerrillas or drug traffickers, are working long hours to pull gold out of the ground. Miners are digging in out-of-the-way places such as Timbiquí and Río Quito. From there, the gold is hauled by boat, truck or small airplanes to smelters in Cali and Medellin.

Report: Fuel Smuggling Caused Shipbreaking Blast

An official inquiry into the explosion on the scrapped FPSO Aces confirmed that the massive blast was caused by hundreds of thousands of gallons of petroleum products on board. The inquiry, as reported by local media, said that about 375,000 gallons of fuel and 425,000 gallons of lubricants were on board the vessel.

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Apple Wants OLED in iPhones, But Suppliers Say They Aren't Ready Yet

Apple has big plans to outfit its next iPhone with vibrant, energy-sipping organic LED displays, seeking to entice consumers with new technology that's already been embraced by other high-end smartphone makers. The trouble is that the four main suppliers for such components say they won't have enough production capacity to make screens for all new iPhones next year, with constraints continuing into 2018, presenting a potential challenge for the Cupertino, Calif.-based company.

Dirty Linen: A Bed Sheets Scandal Hits the Cotton Industry

Huddled inside Target Corp.'s headquarters in downtown Minneapolis, a team of investigators spent the summer trying to answer what should have been a simple question: What were hundreds of thousands of the retailer's sheets actually made of?

Stores Hustle to Get Holiday Goods As Fallout From Hanjin Mess Continues

The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company's sudden collapse two months ago. But in its wake, the giant shipping line has left a mess that retailers across the country will be sorting out for weeks.

CIPS Risk Index Rises As Global Commitment Slides

Supply chain managers are facing a new wave of impediments to the flow of goods across borders, said John Glen, economist for the Chartered Institute of Procurement & Supply, as the latest CIPS Risk Index continued to climb to levels not seen since 2013.

Cargo Owners in Flight to Safety After Hanjin Collapse, Shipping Lines Say

Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co Ltd, top shipping executives said.

Post-Election, Can Trade Stop Being a Dirty Word?

In the political heat of this year's presidential election, the term "global trade" rarely carried positive connotations.

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