McDonald's to use 100% solar power for US supply chain

Dec 19, 2022 06:42 am UTC| Nature Economy Business Life

McDonalds will purchase 470,000 megawatt hours of renewable energy every year from Enel North Americas Blue Jay solar project in Texas to support all of the energy needs of its US logistics supply chain. The fast-food...

IKEA Korea's sales drop 9% to suffer first decline since entering S. Korean market

Dec 18, 2022 09:26 am UTC| Economy Business Life

IKEA Koreas sales plunged 9 percent to US$475 million for its fiscal year 2022, suffering its first sales after eight years of continuous growth in its South Korean operations.. The South Korean arm of the Swedish...

Digital Currency Revolution

White Castle gives $25,00 in NFT sales proceeds to employee fund

Dec 18, 2022 09:11 am UTC| Economy Business Life Digital Currency

White Castle is turning $25,000 from the sale of NFTs into employee aid through its Team Member Relief Fund. The 350-unit fast-food chain has been selling 5,001 unique digital images for a year for its 100th...

Indonesia’s GoTo to sell stake in retailer Alfamart to focus on profitability

Dec 17, 2022 14:36 pm UTC| Business Economy Life

Indonesias PT GoTo Gojek Tokopedia has sold its stake in local retailer Alfamart worth US$96.03 million to focus on profitability. GoTo shares are trading at record-low levels. After pre-IPO owners elected to...

Manchester United launches Tezos-powered NFT

Dec 17, 2022 07:39 am UTC| Sports Digital Currency Economy Business

Manchester United has introduced its first proof-of-stake blockchain Tezos-powered NFT in the form of a key that grants access to exclusive features. Fans of Manchester United, one of the worlds biggest soccer clubs,...

SPC Group’s chairman Hur Young In charged with breach of trust

Dec 17, 2022 04:51 am UTC| Business Economy

SPC Groups chairman Hur Young In has been indicted for underselling stocks owned by the group affiliates. This move is said to be a suspected attempt to avoid gift tax thus, he was charged with breach of trust. SPC...

Volkswagen, Enel X Way unveils Ewiva joint venture to build charging network in Italy

Dec 17, 2022 04:29 am UTC| Business Economy

Volkswagen Group and Enel X Way energy company based in Rome have teamed up to form a joint venture that will build a high-power charging (HPC) network throughout Italy. Their JV has been named Ewiva, and each company owns...