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General SCM: Page 1120

Chemical Industry Joins Fight Against Climate Change in Landmark Deal

Negotiators from more than 170 countries have reached a legally binding accord to counter climate change by cutting the worldwide use of a powerful planet-warming chemical used in air-conditioners and refrigerators.

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Global 500 Companies Report Finding Business Opportunities Resulting From Climate Change

As corporations look to cut their environmental costs, evaluating total cost of ownership - or the total direct and indirect costs of owning a product or service - may provide a way to achieve greater environmental accountability, better resource management and financial savings, according to a report by the Carbon Disclosure Project.

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Oracle Reportedly Fixes Hundreds of Vulnerabilities That Put Enterprise Data at Risk

Oracle's October security update is one of the largest ever, fixing more than 250 vulnerabilities in enterprise products that are used to store and work with business data, the company reported.

We're Afraid of Getting Hacked, But We're Not Doing Much About It, Poll Says

A hack at Sony Pictures that exposed more than 170,000 emails in 2014 derailed a much-hyped film's release and prompted a months-long industry freakout. A hacking incident at Yahoo now threatens to derail a sale to Verizon. WikiLeaks' releases of Democratic officials' hacked private emails are providing near-endless fodder for Donald Trump's presidential campaign. And yet, while large numbers of Americans appreciate the threat of getting hacked, they don't seem to be changing their behaviors in any appreciable way.

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U.K., China Clear Unlimited Cargo Flights

An agreement this month to remove limits on the number of cargo flights between the United Kingdom and China is an encouraging signal that post-Brexit policy makers are serious about exploring, or expanding, trade routes outside of the Euro zone, said the U.K.'s Transport Minister Chris Grayling. In addition to unlimited cargo flights, the number of permitted passenger flights under the agreement will be raised from 40 to 100 per week.

California's Proposed Regulations May Slow Progress on Driverless Cars

California's proposed rules for self-driving vehicles got another road test last week, as vehicle makers and industry groups expressed concern at a public workshop that the Department of Motor Vehicles' regulations could slow development of the technology and conflict with more flexible federal guidelines.

Tear Up Your Paper: E-Invoicing Is Coming to the E.U.

News out of the European Union these days seems to be all about divisiveness and imminent economic chaos. So it's easy to overlook the latest reforms that promise to make life easier for traders doing business in the region.

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DB Schenker, Lufthansa Reportedly Halfway to 2020 Emissions Reduction Target

A five-year plan from Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is on track to meet its goal of reducing 20,000 tonnes of CO2 output by 2020, both companies say. To date, Lufthansa and Schenker have reduced their CO2 output by more than 10,000 tonnes, combined, under their joint Carbon Reduction Agreement.

As China's Economy Slows, Experts Worry What Comes Next

China reported this week that its economy grew 6.7 percent in the third quarter compared with a year ago. That matched economists' expectations exactly, and was identical to the pace China set in the first and second quarters of this year. In economics, stability like that is remarkable - and usually not to be believed.

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AmeriQuest Survey Results Show Confusion Surrounding Procurement

Many purchasing professionals do not have clarity about the purchasing practices of their companies, according to a recent Google survey conducted by AmeriQuest Business Services. Fifteen percent of respondents said they didn't know which department manages procurement, the survey says, despite being directly involved in the process.

Pitney Bowes Survey Finds Majority of Global Consumers Shop Cross Border

More than two-thirds of consumers who have ever made a domestic online purchase have also made an online purchase from another country in the past year, according to an annual online shopping survey by Pitney Bowes, an e-commerce technology company. Singapore (89 percent), Australia (86 percent) and Hong Kong (85 percent) have the highest number of cross-border shoppers, while countries like Japan (34 percent) and the U.S. (45 percent) are still growing in cross-border confidence.

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Investments in Analytics Technology Save Time, Money on Financial Planning, Survey Says

It might not come as much of a surprise to learn that the more companies spend on analytics technology, the better the performance of their financial planning and analysis functions. What might be less intuitive is just how extreme the advantage is when using more FP&A-oriented technology, according to a survey by the Association for Finance Professionals.

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