IBM’s Gross Code: Paving the Way for Quantum Advantage In the fast-paced realm of quantum computing, where breakthroughs and advancements occur at a dizzying pace, IBM has once again taken a monumental step forward. The tech giant recently unveiled its latest innovation – the Gross code, a revolutionary quantum code that promises to propel the […]
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom Fast Retailing, the Japanese parent company of the popular clothing brand Uniqlo, is gearing up to announce its second-quarter earnings report this Thursday. Analysts are anticipating a significant 14% increase in profits, building on the company’s track record of delivering strong financial […]
Retail stocks slump after tariff shock
Retail Giants Take a Hit as Nike Stock Plummets Over 6% Due to Tariff Targeting Chinese and Vietnamese Goods In the fast-paced world of retail, even the most established companies are not immune to sudden market shifts. Recently, retail stocks took a significant hit as tariffs zeroed in on products manufactured in China and Vietnam, […]
Executive Memo | An Action Plan for Navigating Trump’s Tariffs
Executive Memo | An Action Plan for Navigating Trump’s Tariffs The recent tariff actions initiated by US President Donald Trump have sent shockwaves through the business world, particularly impacting fashion businesses and disrupting established supply chains. With the looming threat of additional duties on the horizon and retaliatory measures from other nations, executives in the […]
US fabs to catch up with Taiwan tech
US Fabs Accelerate to Match Taiwan Tech Power In the fast-paced realm of chip technology, staying ahead of the curve is not just an advantage but a necessity. As Taiwan Semiconductor Manufacturing Company (TSMC) continues to lead the pack with cutting-edge advancements, the pressure is on for US fabs to catch up and level the […]
US Fashion Lobby Warns Trump Cuts Threaten Key Supply-Chain Programmes
US Fashion Lobby Warns Trump Cuts Threaten Key Supply-Chain Programmes The US fashion industry is facing a critical threat as the Trump administration announces cuts to key supply-chain programs aimed at combating child labor, forced labor, and human trafficking overseas. With the Labor Department slashing over $500 million in funding for these vital initiatives, the […]
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed The Body Shop, a renowned ethical beauty retailer, is facing a challenging situation as it navigates through the aftermath of falling into administration. With approximately £219 million ($284 million) owed to its suppliers, the company has announced that these creditors […]
iFlyTek looks to Europe after US trade restrictions impact supply chain
iFlyTek Explores European Markets as US Trade Restrictions Disrupt Supply Chain In the ever-changing landscape of global trade, companies are constantly forced to adapt to new challenges and regulations. iFlyTek, a prominent Chinese technology firm specializing in AI and speech recognition, has recently found itself at a crossroads due to the trade tensions between the […]
Trump’s Threat to Human Rights in Fashion’s Factories
Trump’s Threat to Human Rights in Fashion’s Factories As the fashion industry continues to thrive on a global scale, the spotlight is often on the glitz and glamour of runways and red carpets. However, behind the scenes lies a darker reality – one where human rights violations run rampant in the factories that produce the […]
Drugmakers focus on AI while awaiting clarity on US tariffs
Drugmakers Turn to AI for Drug Development Amid US Tariff Uncertainty Pharmaceutical executives are increasingly turning to artificial intelligence (AI) to revolutionize the drug development process. In a recent industry gathering, these leaders delved into the promising role of AI in expediting research, enhancing clinical trials, and ultimately bringing life-saving medications to market more efficiently. […]