The chocolate industry needs to ask itself hard questions because a decade of efforts to improve the living standards of cocoa farmers have produced little effect, according to a new report.
One year ago it was the WannaCry ransomware attack. Less than a year ago, the NotPetya cyberattack cost organizations like Merck & Co., FedEx, the port of Rotterdam and a whole host of others billions of dollars in total. Today geopolitical tensions are increasing and with them, the threat of more, and more-devastating, cyberattacks.
The U.K. government has asked business groups to map their supply chains to flag the areas of the economy most at risk if Brexit imposes additional trading costs on exporters, two people familiar with the matter said.
A fire at a Chinese-owned auto parts plant in Michigan has cut off supply of key components and disrupted production of crucial Ford Motor Co. and Daimler AG models, with the U.S. automaker already saying it'll hurt profit in the second quarter.
Alibaba has long enjoyed a lucrative return from its massive online shopping network. But their extraordinary profitability is no longer a foregone conclusion as the Chinese e-commerce giant re-invests huge sums of money on new initiatives in the face of intensifying competition.
Tyson Foods has launched an effort that the company says invites the public to get involved in “tackling the problem of food waste.” The company is selling what it calls “boxes of high quality surplus food” through a direct to consumer offering dubbed flashfoodbox.