The jobs reduction will save $1 billion this year, said CEO Carol Tomé during an earnings conference call with analysts January 30.

In the face of record-low unemployment and rising wage levels, a labor management program can offer multiple advantages.

Under the deals, Vietnam said it would supply the Philippines with 1.6 million to 2.2 million tons of rice annually.

ThyssenKrupp said that it had invested $37 million in the new San Luis Potosí service center, which will go towards creating roughly 65 jobs.

United Airlines’ EVP of Finance said "part of the problem" is that the industry didn't anticipate the difficulties that would arise following a return to normalcy after the COVID-19 pandemic.

Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year. 

Venture-capital investments in supply-chain technology startups fell to $780 million in the fourth quarter of last year, down from $5.2 billion in the same quarter two years earlier.

Farmers 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.

The 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.

The 10.5-million-gallon ammonia fuel ammonia carrier, which is being built at the Japan Marine United Corporation (JMU) Ariake Shipyard, is scheduled to be delivered in November 2026.