Arla allots €500 million to pay milk farmers more for sustainability
Oct 08, 2022 22:15 pm UTC| Nature Economy Business
Arla Foods will pay farmers more for their milk if they reduce emissions on their farms under its 500 million sustainability incentive scheme. The scheme is designed to help the company achieve its 2030 emission...
Tyson Foods moves corporate employees to Arkansas as Chicago faces more corporate departures
Oct 07, 2022 15:24 pm UTC| Business Economy
Tyson Foods is an American food manufacturer that is also the second-largest processor and marketer of pork, beef, and chicken in the world. The company announced that it would be moving its corporate employees who are...
KSOE wins new $1.5B contract as Maersk orders 7 eco-friendly ships
Oct 07, 2022 12:36 pm UTC| Business Economy
The Korea Shipbuilding Offshore Engineering, or KSOE revealed on Wednesday, Oct. 5, that it has secured a new shipbuilding contract with Maersk. The order was for the construction and delivery of seven...
POSCO, GS Energy establish $121M battery recycling JV
Oct 07, 2022 10:40 am UTC| Business Economy
POSCO Holdings and GS Energy Corporation have joined forces to form a joint venture to advance their respective battery recycling business, which is being developed as their secondary growth drivers. GS Energy is the...
Peloton to terminate 500 jobs amid its restructuring works for recovery and growth
Oct 07, 2022 10:08 am UTC| Business Economy
Peloton Interactive Inc. is reducing its workforce, which will in the termination of another 500 jobs. The exercise equipment manufacturer is still going through a restructuring for business recovery and growth, but after...
Hong Kong offering 500,000 free air travel tickets to lure in tourists for economic recovery
Oct 07, 2022 09:51 am UTC| Business Economy
Hong Kong is making ways to lure tourists back into the country and make its tourism strong again. The arrival of more tourists will be a big help in boosting the countrys economy. Thus, it is devising plans to make them...
Hyundai Mobis injects $1.3B investment to set up EV parts factory in the US
Oct 07, 2022 09:50 am UTC| Business Economy
Hyundai Mobis is a public South Korean car parts company, and it has announced a new investment scheme to build a plant for the production of electric vehicle parts. The new factory is set to be built in the United States,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight