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PepsiCo announces closing of $1.25 billion 10-year Green Bond

Jul 22, 2022 23:42 pm UTC| Economy Business Nature

PepsiCo announced that its new $1.25 billion 10-year Green Bond will focus on investments to deliver key environmental sustainability initiatives under two pillars of its pep+ agenda: Positive Agriculture and Positive...

Meat and dairy investors worried about the lag in climate change efforts

Jul 21, 2022 23:39 pm UTC| Nature Economy Business

Investors in meat and dairy companies are worried that theyre not doing enough to combat climate change, according to a new survey about attitudes toward greenhouse gas emissions. According to 82 percent of the...

VW partners with Energy Web blockchain to maximize renewable energy in EVs

Jul 19, 2022 23:35 pm UTC| Nature Economy Business

Volkswagen (VW) has partnered with Energy Web blockchain for a smart charging solution that maximizes the use of renewable energy. According to Jesse Morris, CEO of Energy Web, the project is meant to showcase that...

PepsiCo eyes 100 percent renewable electricity in largest beverage plant planned for Denver

Jul 19, 2022 00:22 am UTC| Nature Economy Business

PepsiCo will aim to achieve 100 percent renewable electricity, best-in-class water efficiency, and reduced virgin plastic use in building its biggest US beverage plant in Denver. The company acquired 152 acres of land...

S. Korea's CJ targets sales of 200 billion won in plant-based foods by 2025

Jul 18, 2022 23:23 pm UTC| Economy Business Health Nature

CJ Cheiljedang is targetting sales of 200 billion won in plant-based foods by 2025, setting it as the companys new growth engine. The South Korean food conglomerates main target is overseas markets where it aims to...

S. Korea's surging food delivery demand boosts supply of disposable cutlery

Jul 18, 2022 23:14 pm UTC| Nature Economy Business

The supply of disposable forks in South Korea jumped from 1,501 tons in 2019 to 2,611 tons in 2021, up by 73.9 percent, due to the surge in demand for delivery food amid the pandemic. The production and importation of...

S. Korea's eco-friendly car exports exceed 30% for first time

Jul 12, 2022 21:03 pm UTC| Nature Economy Business

Eco-friendly vehicles accounted for 30.3 percent of South Koreas vehicle exports from January to May, which amounted to $20.45 billion, according to the Korea International Trade Association. It was an 8.7 percent...

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Economy

EU and CPTPP Nations Push for Landmark Digital Trade Agreement

The European Union and member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have officially agreed to pursue a groundbreaking digital trade deal, marking a potentially...

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand

Gold prices climbed on Friday, positioning the precious metal for a weekly gain as investors retreated from riskier assets and sought refuge in safe haven investments like bullion and the U.S. dollar. The move came amid...

Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse

Global oil markets turned sharply higher on Friday as diplomatic efforts between the United States and Iran appeared to unravel, pushing Brent crude above $100 per barrel for the first time in recent weeks. The escalation...

NASDAQ Tech Selloff: Correction or Collapse? What Analysts Are Saying

The NASDAQ Composite has officially entered correction territory, posting its sharpest valuation decline since the dotcom era as markets react to escalating U.S.-Iran military tensions. While the selloff has rattled...

Politics

Trump Warns "Cuba Is Next" Amid U.S. Military Posturing in the Region

Speaking at a Miami investment forum on Friday, President Donald Trump issued a striking warning toward Cuba, declaring Cuba is next while highlighting recent U.S. military operations against Venezuela and Iran. Though he...

U.S. Treasury Grants New Licenses for Venezuela Critical Minerals Investment

The United States government has taken a significant step toward revitalizing economic ties with Venezuela by issuing new general licenses related to the countrys critical minerals sector. The U.S. Treasury Department...

Nepal's Ex-PM K.P. Sharma Oli Arrested Over Deadly 2024 Anti-Corruption Protests

Nepals former prime minister K.P. Sharma Oli was arrested Saturday morning as authorities launched a formal investigation into his alleged negligence during violent anti-corruption protests that claimed 76 lives last...

U.S.-Iran War Update: Rubio Says Conflict Could End in Weeks as Strikes Escalate

Secretary of State Marco Rubio confirmed Friday that U.S. military operations against Iran are progressing ahead of schedule, with officials expecting the conflict to wrap up within weeks rather than months. Speaking after...

Trump Questions U.S. Commitment to NATO Amid European Tensions

President Donald Trump once again cast doubt on Americas dedication to NATO on Friday, declaring that the United States does not have to be there for the alliance remarks that have reignited global concerns about the...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...