industry
Barry Callebaut Slashes Operating Profit Forecast Amid Iran War Disruptions and Cocoa Market Overcapacity, Signaling Industry-Wide Turbulence
Swiss chocolate manufacturing giant Barry Callebaut, the world’s leading producer of high-quality chocolate and cocoa products, has significantly revised its operating profit forecast for the 2025-2026 fiscal year. The company, a critical backbone for numerous global confectionery brands, now anticipates a substantial decline in earnings, attributing the downturn to an intricate web of supply chain […]
Ambassador Greer to Travel to Michigan and Ohio to Tour Manufacturing Plants and Meet with Manufacturing Workers and Industry Executives
United States Trade Representative Jamieson Greer is scheduled to embark on a two-day multi-state tour through Michigan and Ohio on Thursday, April 9, and Friday, April 10, 2026. This high-profile visit is designed to highlight the intersection of federal trade policy and the domestic manufacturing sector, focusing on the revitalization of the American industrial heartland. […]
Strait of Hormuz Reopening Ignites Oil Market Volatility Amidst Geopolitical Tensions and Shipping Industry Caution
The global energy landscape was thrust into a state of intense volatility on April 17 as Iran declared the Strait of Hormuz "completely open," prompting a flurry of activity from oil tankers and a sharp initial drop in crude prices. The announcement by Iranian Foreign Minister Abbas Araghchi, swiftly echoed by U.S. President Donald Trump, […]
Airwallex Reaches Back to the Physical Realm with New POS Payments System, Challenging Industry Giants
While much of the financial technology sector races towards the frontiers of agentic payments, leveraging artificial intelligence and automation to create autonomous transaction systems, Singapore-based fintech unicorn Airwallex is strategically redirecting its focus to the foundational elements of commerce: the physical point of sale. This week, the company officially unveiled Airwallex POS Payments, a dedicated […]
ADWEEK Opens Nominations for the 2026 Sports Marketing MVPs to Recognize Industry Innovation and Leadership
ADWEEK has officially announced the opening of the nomination window for the 2026 Sports Marketing MVPs, a prestigious annual program designed to honor the most influential figures in the intersection of athletics and brand promotion. As the sports landscape continues to undergo rapid transformation driven by technological integration, evolving fan demographics, and the globalization of […]