LEGO, Novo Nordisk to buy green methanol from European Energy to replace fossil-based materials in plastic production

Apr 24, 2023 09:10 am UTC| Business Economy

The LEGO Group, a Danish plastic construction toys maker and Novo Nordisk pharmaceutical company, have agreed to buy green methanol for their production to use renewable energy. The companies partnered with European Energy...

Amazon’s Whole Foods Market layoff plans to affect corporate workers

Apr 24, 2023 09:08 am UTC| Business Economy

Whole Foods Market grocery chain, owned by Amazon Inc., is reportedly laying off hundreds of employees. People who will be affected by these latest job cuts are those in the corporate unit. Whole Foods Market will see...

Green Rebel lands in South Korea to enter its plant-based market

Apr 24, 2023 08:38 am UTC| Business Economy

Green Rebel Foods, a leading plant-based food tech in Indonesia, has entered the South Korean market. In July of last year, the company reportedly received some investment from the local food manufacturer, CJ...

Samsung, LG Electronics return to negotiating table for rare OLED partnership deal

Apr 24, 2023 08:36 am UTC| Business Economy

Samsung Electronics and LG Electronics are two of the leading conglomerates in South Korea. They are usually rivals in the industry, but this time, they are reportedly eyeing a partnership deal for OLED television...

Central Banking Series

Reserve Bank revolution: How Jim Chalmers will re-craft the RBA for the 21st century

Apr 23, 2023 12:39 pm UTC| Central Banks Economy

The review into the Reserve Bank of Australia has just been published by Treasurer Jim Chalmers and the results are a blockbuster. The review has made 51 recommendations including: taking away power over...

UK poultry can roam free outside again – but bird flu risk hasn't gone away

Apr 23, 2023 12:37 pm UTC| Economy

The UK government recently announced that as of April 18, poultry and captive birds can be kept outside again as the threat from bird flu eases. These mandatory housing measures were introduced across England and Wales in...

Australian hydrogen vehicles maker H2X Global contracts assistance for planned London listing

Apr 22, 2023 23:57 pm UTC| Nature Investing Economy Business

Australia-based hydrogen-powered vehicle firm H2X Global Ltd has signed a joint engagement letter with Arden Partners, Zeus Capital, BPC, and Ince Group for its plan to list on the London Stock Exchange in the back half of...