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A fatal cargo plane crash forced the temporary closure of UPS’s largest air hub. This hub, called “Worldport,” is located in Louisville, Kentucky. The Tuesday evening crash tragically killed multiple people. The facility is a crucial part of UPS’s global network, handling millions of packages daily. The shutdown immediately caused widespread shipping disruptions. UPS had…
Chinese smartphone giant Xiaomi has issued a warning regarding the rising cost of memory chips. The company stated that the global surge in pricing for components like DRAM and NAND flash is putting significant pressure on its manufacturing costs. This inflation is expected to push up the final prices of its smartphones. The spike in…
German automaker Volkswagen (VW) is warning its employees about possible temporary plant closures. German newspaper Bild was the first to report this news. This move signals continuing trouble in the global car industry. The primary reason for the potential shutdowns is a severe shortage of semiconductor chips. VW’s production has been hit hard by these…
The first day of September was supposed to mark a high point for Jaguar Land Rover (JLR). The release of new 75-series number plates usually brings a wave of customers and busy assembly lines across the company’s factories in Solihull, Halewood, and Wolverhampton. Instead, the early shift workers were sent home. Production halted abruptly, and…
