Henry Ford’s one-off Capri to be auctioned this week April 22, 2021 The former Ford president drove a bespoke Capri 2.8 injection while in the UK for two years. It’s estimated to sell for £25,000-£35,000.
Jaguar Land Rover to pause production at two plants due to chip shortage April 22, 2021 The disruption caused by the global shortfall of semiconductor chips continued this morning as Jaguar Land Rover said it would pause production at two of its plants next week. The shortage, which has hit many of the world’s biggest carmakers, will see the Tata-owned firm idle production lines at Castle Bromwich and Halewood for a [...]
Mercedes maker Daimler to cut hours of 18,500 workers due to chip shortage April 21, 2021 Mercedes maker Daimler today said it would cut the hours of some 18,500 workers at its factories in Germany due to the current shortage of semiconductor chips. The auto giant also said it would halt production at two plants for a temporary period of time. A spokesperson for the Stuttgart-headquartered firm said that it was [...]
Asda’s billionaire owners close in on Caffe Nero takeover April 18, 2021 The billionaire brothers behind Asda are said to be closing in on a takeover deal for Caffe Nero after buying up the ailing coffee chain’s debts. Mohsin and Zuber Issa have bought roughly £140m of loans from Swiss private equity firm Partners Group via investment bank Morgan Stanley, the Sunday Telegraph reported. The deal puts [...]
Nissan to idle Sunderland staff amid semiconductor shortage April 16, 2021 Car giant Nissan will reportedly put 800 staff at its factory in Sunderland on furlough due to the worldwide shortage of semiconductors. The Japanese automaker will send about a tenth of its 8,000-strong workforce at the plant home until the current squeeze eases, the Nikkei reported today. The decision comes as it was revealed that [...]
Inspiring Ideas April 16, 2021 Inspiring Ideas WOBI is a leading global business content hub. Our goal is to produce and distribute the best management media content to help companies and their top executives improve the way they manage their organizations. We strongly believe that knowledge is the main competitive advantage in today’s business world. We create the most inspiring [...]
More human April 16, 2021 Cultural change and technological acceleration are transforming business and redefining the rules of marketing. According to Seth Godin, to connect with our clients we must go out from the limits and explore new ways. “Usually what we do daily is find small and disconnected parts of interests and somehow, we connect them, then we amplify [...]
World’s biggest semiconductor maker warns that shortage could continue into 2022 April 15, 2021 The world’s biggest semiconductor maker this morning warned that the current chip shortage could well last into 2022. Taiwan Semiconductor Manufacturing Co (TSMC) said that it was doing everything it could to alleviate the drought of the processors, which are vital for a vast range of electric devices. Chief exec C. C. Wei told investors [...]
Sweden faces sperm shortage as Covid-19 deters donors April 15, 2021 As Covid-19 has deterred donors from hospitals, Sweden has reported a shortage of sperm for assisted pregnancies, driving up waiting times by years. “We’re running out of sperm. We’ve never had so few donors as during the last year,” head of the reproduction unit at Gothenburg’s University Hospital, Ann Thurin Kjellberg, said. Waiting times have [...]
Ford to further cut car production due to global semiconductor chip shortage April 14, 2021 Ford to further cut car production due to global semiconductor chip shortage