Germany is pushing to improve its clothing supply chain by making processes more socially responsible and ecologically sustainable. The Minister for Economic Cooperation and Development in Germany, Gerd Müller, launched the Textile Alliance in Berlin this October. However, some businesses don’t want to participate and the resistance could mean a slow adoption rate.
According to Al Jazeera, “A Chinese supplier of Samsung Electronics has filed a lawsuit accusing a New York-based labor watchdog of spreading false rumors of child labor, but the group says it has evidence to support its report. Samsung said on Thursday the lawsuit against China Labor Watch was filed in a Chinese court this…
“Boeing, the world’s largest aerospace company, on Sunday announced a massive order for 50 jets worth $4.9 billion. The order came from Garuda Indonesia, the flag-carrier airline of Indonesia that is named after a mythical, giant bird,” according to USA Today.
The highly anticipated relationship between GT Advanced Technologies Inc. — a sapphire glass manufacturer and supplier — and Apple Inc. took a surprising turn this week.
The Wall Street Journal reports, “General Motors Co. (GM) on Friday [Oct. 3] recalled for safety flaws more than 500,000 mostly newer-model vehicles and halted sales of two important new pickups the auto maker just unveiled in an attempt to win back the pickup sales crown from rival Ford Motor Co.”
The South African manufacturing sector is on the decline following a continuing five-month mining and metal materials strike. The walkout had impacted the profits of several major companies, including General Motors Co. (GE). Significant financial strain has also led Impala Platinum Holdings Ltd. (IMP) to report its lowest earnings in over a year.
Trade talks between China and India began on Sept. 17. The conversation will focus on relations between the two countries — specifically when it comes to individual travel and export transport.
On Sept. 15, Coca-Cola resurrected a 12-year-old brand — Surge — in limited release via Amazon.com. The campaign to bring back the iconic 90s beverage was largely driven by social media.
The latest model of the world’s premier smartphone, the iPhone 6, will come at a lower cost to consumers at $199. Analysts expect iPhone addicts aren’t the only ones who will benefit from the pricing transition; it’s expected to act as a subsidy for the Asian supply chain, as well.
Major Ford auto plants are undergoing renovation as part of a new production strategy for its F-150 pickup truck, which will include an all-aluminum body. The company must retool its facility so it’s equipped to crank out the improved model.