Airbus wary of squeezing out suppliers as tops hiring target
By Tim Hepher MUNICH (Reuters) – Airbus, struggling to meet resurgent jet demand in the face of crumbling supply chains and labour shortages, has exceeded this year’s hiring targets but…
By Tim Hepher MUNICH (Reuters) – Airbus, struggling to meet resurgent jet demand in the face of crumbling supply chains and labour shortages, has exceeded this year’s hiring targets but…
By Abhijith Ganapavaram (Reuters) – Aerospace suppliers are staring at the prospect of dwindling cash flow as they struggle with excess inventory due to production challenges at top planemakers Boeing…
SHANGHAI (Reuters) – The profitability surge of a Shanghai food supplier seeking a Hong Kong listing, disclosed in an exchange filing, gives a rare peep under the hood into a…
By Maki Shiraki TOKYO (Reuters) – Toyota Motor Corp has told several of its suppliers it has lowered its global production target for the year to 9.5 million units, two…
(Reuters) – Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related…
By Ben Klayman and Joseph White DETROIT (Reuters) – Automotive industry suppliers are raising prices to their customers across the board, not just with Ford Motor Co, which warned this…
By Siddharth Cavale and Arriana McLymore NEW YORK – Target Chief Executive Officer Brian Cornell pledged in a June blog post https://investors.target.com/news-releases/news-release-details/target-corporation-announces-updated-2022-plan-focused-inventory that the retailer would take necessary actions to…
(Reuters) – Walmart Inc will charge some of its suppliers from next month new fees to transport goods to its warehouses and stores in response to rising fuel and transportation…
By Jonathan Saul (Reuters) – Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in another blow to Moscow’s exports,…
(Reuters) – Apple Inc is exploring new suppliers for memory chips used in its iPhones, including a potentially first Chinese supplier, after a key Japanese partner had an output disruption,…
– Russia is looking for suppliers of packaging for baby food and dairy products due to disruption in supplies caused by the Western sanctions imposed on Moscow, the country’s agriculture…
By Nayara Figueiredo SAO PAULO – Soaring grain prices in the wake of Russia’s attack on Ukraine are hurting Brazilian meatpackers, but trade disruptions facing Ukrainian and Russian meat producers…
HAMBURG – Europe’s largest carmaker Volkswagen on Tuesday warned of production cuts at some of its plants including the one in Wolfsburg as Ukraine-based suppliers have been facing difficulties delivering…
ATHENS – Gas flows to Greece are smooth and Greek gas suppliers have lined up additional gas cargoes if needed, Energy Minister Kostas Skrekas said on Friday, a day after…
By Simon Jessop and Jan Strupczewski BRUSSELS – The European Commission will unveil on Wednesday a proposal to make large companies operating in the European Union check that their suppliers…
LONDON – British retailers have cancelled 7.1 billion pounds ($9.6 billion) in contracts over the last 12 months with suppliers that do not meet their ethical and sustainability standards, according…
By Paul Sandle MALAGA, Spain -Vodafone has teamed up with Intel Corp and other silicon vendors to design its own chip architecture for nascent OpenRAN network technology, aiming to weaken…
U.S. chip maker and technology company Intel apologized to its Chinese business partners and customers Thursday after telling its suppliers to avoid sourcing from the Xinjiang region of China. Intel…
PROVIDENCE, R.I. – A Providence man arrested nine days after he assaulted and fled federal agents and task force officers as they attempted to arrest him on charges that he…
WILMINGTON, N.C. – The United States Attorney’s Office for the Eastern District of North Carolina partnered with the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), Federal Bureau of Investigation…
BOSTON – Thirteen individuals were charged today in connection with a Lawrence-based drug trafficking conspiracy involving fentanyl, cocaine, suboxone and counterfeit prescription pills containing methamphetamine. According to court documents, the…
NEWPORT NEWS, Va. –A New Jersey couple was sentenced yesterday to 125 and 30 months in prison for conspiracy to distribute heroin and cocaine to members of the Bloods gang.…