GE Aerospace Bets on Casting to Secure Jet Engine Supply

By admin September 9, 2026 No comment

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GE Aerospace is moving to strengthen its jet engine supply chain through a $12 billion deal to acquire Consolidated Precision Products (CPP), one of the world’s major manufacturers of precision metal castings used in turbine engines. The acquisition is aimed at addressing persistent shortages of critical aerospace components and securing specialist manufacturing expertise

Germany’s VDMA Urges Europe to Accelerate Humanoid Robotics Amid China’s Surge

By admin August 20, 2026 No comment

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Germany’s VDMA engineering association has urged European and German policymakers to place humanoid robotics and physical AI at the top of their political agenda. The industrial lobby warned that Europe must urgently build resilient domestic supply chains for critical components to keep pace with the rapidly accelerating global market. According to the association,

Euro Zone Factory Output Hits 4½-Year High Despite Weak Demand

By admin August 3, 2026 No comment

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Factory output across the euro zone grew at its fastest pace in nearly four and a half years in July, according to the latest S&P Global Manufacturing PMI survey. The headline manufacturing PMI rose to 51.9 from 51.4 in June, while the output index climbed to its highest level since March 2022, signalling continued expansion […]

EU Turns to Brazil for Critical Minerals as Supply Chain Diversification Gains Pace

By admin June 22, 2026 No comment

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The European Union is strengthening ties with Brazil as part of its strategy to secure critical mineral supplies and reduce dependence on dominant global producers. During a visit to a rare earth processing facility in Minas Gerais, EU officials highlighted Brazil’s importance as a key partner in building more resilient and diversified supply chains. The […]

Inditex Defies Consumer Slowdown as Zara Delivers Robust Early Summer Growth

By admin June 3, 2026 No comment

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Zara owner Inditex has reassured investors with a strong start to the summer season, reporting currency-adjusted sales growth of 11.5% in May, well above analysts’ expectations of 8%. The performance comes despite weaker consumer confidence and economic uncertainty linked to rising inflation concerns and geopolitical tensions. The retailer’s shares climbed as much as 5%

Eurozone Factories Stockpile as War Fears Hit Confidence

By admin May 4, 2026 No comment

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Manufacturers across the Eurozone accelerated purchases of raw materials in April, building up inventories amid fears of supply disruptions and rising costs linked to tensions in the Middle East. The S&P Global Eurozone Manufacturing PMI rose to 52.2, indicating growth, as both producers and customers rushed to secure supplies before prices climb further. Despite the

G7 and Allies Explore Reducing Dependence on Chinese Rare Earths

By admin January 13, 2026 No comment

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Finance ministers from the G7 countries, along with officials from Australia, Mexico, South Korea, and India, met in Washington on January 12 to discuss strategies for reducing dependence on Chinese rare earths. The meeting, convened by U.S. Treasury Secretary Scott Bessent, focused on securing alternative supply chains for critical minerals through measures such as price

Wingtech Invites Nexperia Custodians for Talks Amid Ongoing Governance Dispute

By admin December 10, 2025 No comment

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Wingtech Technology, the Chinese parent company of Dutch chipmaker Nexperia, has invited the court-appointed custodians of Nexperia to discuss control of the company—seen as a potential first step toward easing months of internal tensions. The rift between Nexperia’s European management and its Chinese parent deepened after the Dutch government intervened in September,

Italian Police Request Governance Records from 13 Fashion Brands

By admin December 4, 2025 No comment

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Italian police visited the headquarters of 13 major fashion brands, including Dolce & Gabbana, Versace, Prada, and Gucci, requesting documents on governance and supply-chain controls. The action is part of an investigation into alleged worker abuse at subcontractors, although none of the companies are under formal investigation or subject to court-appointed

M&S Overhauls Supply Chain to Double Online Fashion Sales

By admin November 12, 2025 No comment

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Marks & Spencer (M&S) is overhauling its fashion supply chain from “factory to floor” as part of a major strategy to double its annual online fashion, home, and beauty sales to nearly £3 billion ($4 billion). John Lyttle, who took charge as Managing Director for Fashion, Home, and Beauty in March, said the revamp aims […]