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Adient revises sales price of its stake in Yafeng

The U.S. headquartered manufacturer of automotive seating said on June 24 that it has entered into an amendment to its previously announced definitive agreement with Yanfeng Automotive Trim Systems to make certain changes to their existing joint venture relationships.

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Impact of Covid-19 easing at major U.S. retail container ports

The impact of the Covid-19 pandemic at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast, according the Global Port Tracker report of the U.S. National Retail Federation (NRF) and Hackett Associates.

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Water is not the issue it is made out to be

“Regardless of how much steak you eat, the world is not going to run out of water”. This quote comes from Dr. Judith Thornton, the Low Carbon Manager (BEACON) at Aberystwyth University. Previously, she researched water footprinting and water efficiency at Leeds University and has held many significant positions in the Environmental sector in Europe. 

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Revenue lift for Adidas

Adidas AG increased its full-year forecast for a fourth time this year after receiving boosts from the Euro 2016 football tournament.

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Sialkot cancels tannery allotments

The management of the Sialkot Tannery Zone has cancelled 100 plots that had been previously allocated to leather industrialists and exporters for non-payment of fees.

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Modern Meadow secures $10 million investment

Horizons Ventures, the Hong Kong-based firm of billionaire investor Li Ka-shing, led a $10 million Series A investment in Modern Meadow Inc. Modern Meadow’s aim is to grow meat and leather in the lab.

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