Supply Chain
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June 1, 2022
Supply chain woes continue for Europe’s manufacturers as Sedgwick reports 155% surge in motor recalls
Supply chain woes and shortages of semiconductor chips will continue to plague Europe’s automotive manufacturing for much of this year,…
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June 1, 2022
Von der Leyen maps out Europe’s risk management strategy for energy, defence and food
The European Union has stepped up its efforts to secure resilience in the face of Russia’s invasion of the Ukraine…
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May 31, 2022
Ferma survey finds cyber and supply chain top risk agenda
Cyber risk and the threat of supply chain failure have shot up the European risk management agenda during the last…
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May 31, 2022
Netherlands calls for action on stranded Yemeni supertanker
The Dutch government has called for more urgent action to deal with the environmental threats posed by a decaying supertanker…
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May 30, 2022
Escalating energy prices and supply chain risk to slash Italian growth, warns industrial confederation
The ongoing war in Ukraine is having a major negative impact on the Italian economy and will likely drag the…
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May 19, 2022
Construction industry falling behind on supply chain risk management, expert warns
The construction sector is behind the curve on supply chain risk management and needs to up its game to compete…
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May 18, 2022
Supply chain woes altering risk profiles and adding exposures
Companies working to rectify supply chain issues that began during the Covid-19 pandemic face continuing challenges with problems amplified by…
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May 5, 2022
Shanghai lockdown costs $28bn in global trade as it sends ‘shockwaves’ through supply chains
Shanghai’s Covid-19 lockdown has cost $28bn in global trade since it started back in March, according to estimates from data…
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April 28, 2022
Dutch group says EU’s sustainability directive falls short on supply chain impacts
The EU’s planned Corporate Sustainability Due Diligence Directive (CSDD), which is designed to tackle human rights and environmental impacts across…
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April 26, 2022
Finland’s Wärtsilä to write off €200m of Russian assets and interests
Finnish marine technology firm Wärtsilä has been forced to write off close to €200m of Russian assets and business operations…
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April 22, 2022
Beazley’s poll finds low resilience to war risk
Business leaders and insurance buyers said their firms have low resilience to war and terror risks when surveyed before Russia’s…
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April 14, 2022
European business calls on China to relax Covid curbs in face of supply chain crunch
The European Union Chamber of Commerce in China confirmed this week to news agency Reuters that it has sent a…
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April 13, 2022
Airbus takes big reputational risk on Russian titanium
As Ukraine's President Volodymyr Zelenskyy urges the European Union to stop buying Russian oil and other core exports, Netherlands-based aerospace…
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April 12, 2022
Ericsson sets aside €90m for suspension of Russian operations
Swedish telecoms giant Ericsson has announced an indefinite suspension of all of its activities in Russia and set aside SEK900m…
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April 12, 2022
Ukraine crisis accelerating need for supply chain changes
The Russia-Ukraine conflict is hammering home the need for corporates to prioritise supply chain risk management and resilience over costs,…
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April 12, 2022
Belgian health authorities close chocolate factory over salmonella outbreak
Italian confectioner Ferrero has been forced to close its Belgian production plant by local authorities over an outbreak of salmonella.…
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April 8, 2022
Ukraine war intensifies ESG focus
The conflict in Ukraine is adding another dimension to the ESG risk profiles of many European corporations, according to broker…
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April 8, 2022
UK firms most worried about energy prices and supply chain risk
The UK’s Office for National Statistics (ONS) has released an analysis of leading business concerns that finds supply chain problems,…
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April 8, 2022
Ukraine conflict intensifies German auto market supply bottlenecks
A shortage of primary products has significantly hit the registration of new passenger cars in Germany and exports, with the…
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April 7, 2022
Moody’s warns commodity price and supply chain risks to hit growth
Risk managers at banks and other players in the financial services market, including non-life insurers, face fast-rising risks as Russia’s…