U.S. meat processor Tyson Foods Inc said on Monday it will rebuild a Kansas beef plant after a fire heavily damaged the facility last week and that full-time, active employees would be paid weekly until production resumes. The company said …
A new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list of concerns for businesses across Europe, the Middle East and …
As U.S. and Canadian businesses plan to expand their business overseas this year, their executives are worried about supply chain failures, data breaches and political instability, according to a survey by the Chubb Group of Insurance Companies. The 2014 Chubb …
Business interruption (BI) and supply chain, natural catastrophes and fire/explosion top the list of company risks in 2014, according to the third annual Allianz Risk Barometer, which surveyed over 400 corporate insurance experts from 33 countries. The survey conducted by …
When flood waters rose in Thailand, Wal-Mart stores in Japan ran out of mouthwash. “We were out of mouthwash in Japan for about four days,” Scott Price, Wal-Mart’s Asia chief executive officer, said at the APEC business leaders’ summit. “A …
Toyota and other major automakers have begun scaling back production because of parts shortages from suppliers in flood-afflicted Thailand, just months after Japan’s own supply chains were decimated by a mammoth earthquake and tsunami. The production woes stemming from Thailand’s …
Thailand battled to protect the capital Bangkok from being swamped by water on Friday, with canals full to the brim after devastating floods across the region that sources in neighbouring Myanmar said had killed at least 100 people there. After …
Toyota Motor Corp is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output after six months, a top …
Toyota’s car production in Japan plummeted a staggering 62.7 percent in March due to a parts supply crunch following the earthquake and tsunami. Toyota Motor Corp., the world’s top-selling automaker last year, said Monday its domestic production in March was …