Nike collaborates with Ant Group to recycle shoes

Sep 20, 2022 23:17 pm UTC| Sports Nature Economy Business

Nike has joined Ant Groups Green Energy Initiative and launched an official Alipay program to encourage more consumers to recycle worn-out shoes. Chinese consumers can search the mini program Recycle-A-Shoe in the...

Japanese, Australian firms collaborate on world's tallest timber tower

Sep 20, 2022 23:16 pm UTC| Life Economy Business Nature

Japanese and Australian construction firms have started work on a 39-story skyscraper in central Sydney set to be the worlds tallest hybrid-timber building. Tokyo-based Obayashi Corp and Sydney-based Built Pty Ltd are...

S. Korean food retail chains face losses amid intensifying price war

Sep 20, 2022 23:12 pm UTC| Life Economy Business

Concerns are growing over the financial soundness of South Korean retailers such as Lotte Mart and E-mart, as they are engaged in an intensifying price war to attract frugal consumers. Lotte Mart saw a 10 billion won...

Beam Suntory to expand, ‘greenify’ distillery

Sep 20, 2022 23:03 pm UTC| Nature Economy Business

Beam Suntory has invested $400 million to build a gas processing facility in its distillery in Boston, Kentucky, to boost its output by 50 percent while halving its greenhouse gas emissions. The company will build a...

PepsiCo, ADM collaborate to support regenerative agriculture

Sep 20, 2022 22:59 pm UTC| Nature Economy Business

ADM and PepsiCo have agreed to collaborate on regenerative agriculture across their shared North American supply chains to eliminate around 1.4 million metric tons of greenhouse gasses. The seven-and-a-half-year...

NY judge allows foie gras sales to continue while ban is challenged in court

Sep 20, 2022 22:54 pm UTC| Law Life Economy Business

The Supreme Court of New York has allowed foie gras to remain on fine dining menus and in city shops while farmers await a ruling on their challenge of New York Citys ban filed earlier this year. A judge issued a...

Chinese solar products boost presence in S. Korean market

Sep 20, 2022 22:48 pm UTC| Business Economy Nature

The proportion of locally-made parts dropped as Chinese-made parts increased in the South Korean solar power market in the last five years. The proportion of South Korean-made solar modules was at 68 percent as of June...