
Feb 20, 2024 11:14 am UTC| Insights & Views Business
Existing measures to cajole companies to decarbonise, with subsidies for renewable energy and carbon taxes, have failed to prevent global emissions rising. Does state ownership, particularly in the energy sector, make this...

McDonald's Japan Initiates Sustainable Practices by Charging for Plastic Bags
Feb 20, 2024 09:02 am UTC| Business
McDonalds Japan has unveiled plans to introduce a 5 plastic bag charge at 23 locations in Nagasaki Prefecture, commencing in April. This initiative targets the reduction of plastic usage and the advancement of...

European Market Opener Lower Than Expected as Negative Sentiment Continues
Feb 20, 2024 09:01 am UTC| Business
European stocks commenced trading on Tuesday with a downward trend, reflecting the struggle to gain traction in global markets. The pan-European Stoxx 600 index opened 0.2% lower, with most sectors experiencing negative...

KuCoin's Strategic Investment in Crystal Fun: A New Era of Web3 Gaming Experience
Feb 20, 2024 08:25 am UTC| Business Digital Currency Technology
KuCoin Ventures, the investment branch of the global cryptocurrency exchange KuCoin, has disclosed a strategic investment in Crystal Fun. This collaboration signals a pivotal moment in the advancement of decentralized...

Capital One Set to Buy Discover in $35.3B Deal, Aiming to Build Payments Powerhouse
Feb 20, 2024 08:10 am UTC| Business
Capital One, a Warren Buffett-backed U.S. consumer bank, gears up to acquire U.S. credit card issuer Discover Financial Services as part of its efforts to create a global payments giant in the United States. On Monday,...

Y Combinator Identifies Stablecoins, Metaverse, and AI as Key Sectors for Innovation
Feb 20, 2024 06:35 am UTC| Business Digital Currency
In their recent report, Silicon Valley incubator Y Combinator highlights stablecoins, metaverse, and AI technology as crucial sectors for innovation. In the annual Requests for Startups report, Y Combinator emphasizes the...

Lotte Chemical’s HEC Plant in Yeosu Starts Production
Feb 19, 2024 10:03 am UTC| Business
After the facilitys completion, Lotte Chemical Corporation officially started production at the Hecellose manufacturing plant in Yeosu. The factory is now expected to produce about 10,000 tons of high-value specialty...