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The Latest Happenings
▣ IQInspections.com is now in UK & Middle East
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International Quality Inspections having headquarters in USA expands their business by opening two new & exclusive sales offices in UK & Middle East. IQ Inspections will help you manage all quality related issues with your offshore products and suppliers.
▣ FDA warns of problems with sterilization device
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The Food and Drug Administration says doctors and hospitals should stop using a device from Steris Corp. to sterilize surgical tools after reports of malfunction.
▣ More Choices in Store: India's Retailers Are Stocking Up on Private Label Brands
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If you are in Chennai and in the mood for some authentic kasundi with your fish, you may be out of luck. The pungent mustard paste is part of the culinary tradition of West Bengal and is not commonly available outside the state. None of the big, pan-India food companies sells it.
▣ Are your holiday lights a fire hazard?
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All counterfeit products are illegal. But counterfeit electronics are not just illegal, they are dangerous. “These things can kill you,” says Brett Brenner, president of the Electrical Safety Foundation, an industry-funded organization based in Roslyn, Va. "A counterfeit purse or a CD isn't going to hurt you. But a counterfeit electrical product will hurt you.”
▣ Toyota to recall 110,000 Tundras over rust
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Toyota Motor Corp. will recall 110,000 Tundra trucks from the 2000-2003 model years to address excessive rust on the vehicle's frame. The government urged owners to remove the spare tire from the frame, concerned it could fall onto the road and create a hazard for other vehicles.
▣ 10 most dangerous toys of 2009
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A foam rocket launcher, children's book and Batman and Wolverine action figures are among the most dangerous toys on store shelves, according to a consumer watchdog group. World Against Toys Causing Harm (W.A.T.C.H.) unveiled its annual list of the 10 worst children's toys, just in time for the holiday shopping rush.
▣ CPSC chief: Agency moved too slowly on crib safety
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A day after the recall of 2.1 million cribs linked to four suffocations, the head of the Consumer Product Safety Commission conceded the agency "hasn't been acting as quickly as it should." Interviewed on morning news shows Tuesday in the wake of the largest-ever recall of cribs, Chairman Inez Tenenbaum pledged that the CPSC would "firmly but fairly" enforce a law Congress passed last year giving regulators greater authority to police the industry.
▣ Link found between Chinese drywall, corrosion
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The federal government said Monday that it has found a "strong association" between problematic imported Chinese drywall and corrosion of pipes and wires, a conclusion that supports complaints by thousands of homeowners over the last year.
▣ Chinese automaker aims to compete globally
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A state-owned Chinese automaker announced Tuesday it will take over several smaller producers amid a government effort to build up bigger domestic car companies that can compete globally. Changan Automobile Group said it will take over the auto assets of Aviation Industry Corp. of China, which will in turn receive a 23 percent stake in Changan. They include two Chinese brands and joint ventures with Suzuki and Mitsubishi.
▣ Nokia will recall 14 million faulty chargers
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Nokia Corp. announced Monday that some 14 million mobile phone chargers could be dangerous for users and said it will replace them free of charge.
▣ Retailers suspend work with Mich. fruit grower
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GRAND RAPIDS, Mich. - Wal-Mart, Kroger and Meijer said Friday they are suspending business with a large southwestern Michigan blueberry grower after investigators found children as young as 6 working in the grower's fields. The retailers said, pending further information, they have stopped buying products from Adkin Blue Ribbon Blueberry Co. near South Haven, about 45 miles southwest of Grand Rapids.
▣ U.S. criticizes Toyota statement on floor mats
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Toyota Motor Corp. released misleading information about an investigation into problems with stuck gas pedals that led to a massive Toyota recall, the U.S. government said Wednesday, stressing the issue is still under review by federal safety regulators.
▣ Global wages falling this year, UN says
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Real wages fell in the United States and some other wealthy nations in the second quarter of the year, raising questions about whether workers are sharing in any economic recovery, the U.N. labor agency said Tuesday. The International Labor Organization said inflation-adjusted wage growth fell sharply around the world last year to 1.4 percent, from 4.3 percent in 2007. It said wages are falling in a number of countries so far this year.
▣ China's Africa goals more than just natural resources
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Barely a month goes by without some new energy or mineral deal being struck between China and an African nation. These deals have transfixed the West, but China gets far more from the relationship than raw resources. Africa offers China two important things -- a chance to earn the global respect it believes it deserves in recognition of its growing economic clout, and friends who do not judge it, or who at least have little reason to directly fear China's rise.
▣ Companies starting to spend on equipment
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Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery. For the first time in nearly two years, companies ponied up more money for a category called "equipment and software" in the third quarter of the year.
▣ Jingdong Mall CEO Liu Qiangdong: When It Comes to Winning in E-Commerce, the Devil Is in the Details
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China’s e-commerce business is booming, with revenue exceeding 120 billion RMB (US$17.5 billion) last year alone, more than double the previous year, and it shows no signs of slowing down. One example of e-commerce success is online retailer Jingdong Mall, which achieved an ambitious target to almost triple its annual revenue to nearly 4 billion RMB (US$585 million) between 2008 and 2009.
▣ A drywall between China and the U.S.
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Top U.S. safety officials were meeting with their Chinese counterparts to discuss complaints from American homeowners of illness and other damage from suspect drywall imported from China. Consumer Products Safety Commission Chairman Inez Tenenbaum said Friday that the two sides were talking about the issue while they await results of tests on what is causing the problems.
▣ Recall widens for clothes like robes that killed 9
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Highly flammable women's robes sold by Blair LLC are now linked to nine deaths, and the company is expanding a recall to include more products imported from the Pakistani manufacturer. Since June, Blair LLC of Warren, Pa., has received four more reports of deaths linked to the full-length women's chenille robes, according to a Thursday announcement from the Consumer Product Safety Commission. Earlier this year, there were reports of five deaths linked to the robes.
▣ Why India's Garment Factories Have Proved Unreliable for New Workers
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Brown light filtered through dust fills a nearly empty railway station in the state of Karnataka in south India. A vendor pours milky, brown tea back and forth between a glass cup and a metal beaker to cool it. He hands it to the stationmaster, who sips and waits. The station, in the town of Gauribidanur, about 45 miles from the technology hub of Bangalore, starts to fill up as men and women arrive by the hundreds. They are on their way to jobs in textile factories in Doddaballapur, about 30 miles away, and in Bangalore.
▣ Companies tied to Asia are recovering quicker
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Companies that ship coal, chemicals, soft drinks and purses to emerging markets like India and China appear to be snapping out of the recession faster than those that are closely tied to the U.S. and Europe. Earnings reports out Tuesday show that sales in emerging markets are providing a glimmer of hope for both the companies and their investors. In more developed parts of the world, companies still have to rely on cost-cutting to muddle through.