BloombergMore from BloombergGlobal Supply Chain ManagementGermany Invests $1.1B to Counter China on Raw MaterialsA selection process will be established to determine which projects — including extraction, processing and recycling materials — are eligible, the people said, speaking on the condition of anonymity.February 5, 2024Global Trade ManagementOPEC+ Nations Set to Decide on Extending Cuts in Early MarchSeven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.February 2, 2024Ocean TransportationThe Price of Diesel in Europe Is Being Boosted by Red Sea Shipping ChaosSince the start of 2024, the wholesale cost of fuel delivered to northwest Europe has jumped by 12% to just over $116 a barrel.February 1, 2024Air CargoUPS to Cut 12,000 Jobs, Bring Workers in Five Days a WeekThe jobs reduction will save $1 billion this year, said CEO Carol Tomé during an earnings conference call with analysts January 30.January 31, 2024Global GatewaysTankers Hauling Kuwaiti Oil Veer From Red Sea After Friday BlastDespite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.January 30, 2024Global GatewaysFrench Farmers Block Highways Around Paris as Protests SharpenFarmers have been choking roadways across the country to protest higher production costs, stringent regulations imposed from Brussels and what they call unfair competition from abroad.January 29, 2024Inventory Planning/OptimizationBoohoo Cuts Ties with U.K. Supplier After Claims of Overtime WorkThe move came out January 26 after a BBC documentary entitled “Boohoo’s Broken Promises” accused the fast-fashion chain of putting undue pressure on garment suppliers.January 29, 2024Facility Location PlanningGerman Solar Start-Up Expands in U.S. to Challenge China DominanceThe company established a U.S. subsidiary, which aims for an initial production volume of six gigawatts, as part of "a strategic move to reduce vulnerabilities in the solar-wafer supply chain,”January 26, 2024Ocean TransportationQatar Delays LNG Cargoes to South Europe Amid Red Sea CrisisSince January 15, Qatar has diverted at least six shipments destined for Europe around the Cape of Good Hope in southern Africa.January 25, 2024Facility Location PlanningOctopus Energy Lines Up to Become German Offshore Wind DeveloperThe U.K.’s second-largest household energy provider aims to bid in the country’s wind auctions in the “next year or two,” said chief executive officer Greg Jackson.January 24, 2024Previous PagePage 98 of 354Next Page
