With a dragnet closing in, engineers at a Taiwanese chip maker holding American secrets did their best to conceal a daring case of corporate espionage.
Challenge: Growth driven by acquisitions left a global manufacturer with a mixed bag of ERP systems — resulting in an unconsolidated view of spend and an inability to quickly analyze data. The manual reporting system, combined with data extraction and trust issues, was costly and left the manufacturer with a poor understanding of true supplier expenses.
When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud proof point for the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.
Price squeezes by some of the U.K.’s biggest supermarkets, including Tesco, Sainsbury’s and Asda, are hurting workers and small-scale farmers in some of the poorest parts of the world, Oxfam has said.
The potential benefits of blockchain technology appeal to the aerospace/defense sector with 86 percent of them expect to integrate blockchain into their corporate systems within three years, according to new research from Accenture.
At least three U.S. coal shipments on their way to China may end up casualties of the escalating trade dispute after Beijing said it would impose steep tariffs that may kick in before the ships reach their destinations.
Few people consider used plastic to be a valuable global commodity. Yet China has imported 106 million tons of old bags, bottles, wrappers and containers worth $57.6bn since 1992, the first year it disclosed data. So when the country announced last year that it finally had enough of everybody else's junk, governments the world over knew they had a problem. They just didn’t know exactly how large it was.
Tesla chief Elon Musk said last week that the company’s layoffs of 9 percent of its workforce wouldn’t affect production as the all-electric automaker races to build thousands of new Model 3 sedans a week.
