Supply Chain
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Godiva moves beyond chocolate to open 2,000 cafes
The Belgium confectioner’s foray into prepared meals is marked by a plan to roll out 2,000 cafes over six years
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China’s economic growth steady amid tariff fight with U.S.
China is the biggest export customer for its Asian neighbours and a top market for autos and mobile phones
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Japan reports exports, trade surplus slid in March
The report followed recent trade talks with the U.S. aimed at redressing the chronic imbalance in Japan’s favour
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Four Roses eyes expanded U.S. sales with distillery expansion
Demand has outpaced supply – a problem the distiller hopes to address with increased production capacity
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Canada Post forecasts continuing sector losses despite booming parcel deliveries
The Crown corporation will need to invest $3.6 billion to meet the growth of e-commerce shipping
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Innovation network in Ontario to help create 18K jobs
The federal government is investing $52.4 million in the Scale-Up Platform to help 30 Ontario companies scale up
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Apple, Qualcomm settle bitter dispute over iPhone technology
A settlement requires Apple to make an undisclosed payment to Qualcomm
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Saputo enters U.K. dairy market by closing $1.7B deal for Dairy Crest
This acquisition enables Montreal-based Saputo to expand its international presence and to enter the U.K. market
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U.S. industrial production slipped 0.1% in March
Manufacturing production was flat in March. Growing tensions with China and a slowing economy adds to the drop in factory output to an annual rate of 1.1%
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FCC to hold big 5G auction, spend $20B for rural internet
The U.S. communications regulator plans to hold an auction in December in an effort to boost wireless companies’ networks
