Amcor partners with Licella to invest in advanced plastic recycling facility
Dec 23, 2022 22:43 pm UTC| Nature Economy Business
Amcors Australia and New Zealand business will invest in an advanced plastic recycling facility that will utilize Licellas Cat-HTR technology, which relies on collections to divert soft plastic waste from landfill or...
Coca-Cola launches 100% recycled PET bottles in Bangladesh
Dec 23, 2022 22:42 pm UTC| Nature Economy Business
Coca-Cola Bangladesh is introducing bottles made from 100 percent recycled PET plastic (rPET), excluding caps and labels, of Kinley water in 2-liter packages across the country. There are plans to expand to all other...
Burger King operator to bring Italian coffee chain Lavazza back to India
Dec 23, 2022 22:42 pm UTC| Life Economy Business
Italian coffee chain Lavazza is set to make a comeback in India through a franchise agreement with Culinary Brands, which is backed by Burger King and Subway operator Everstone Capital. The deal includes Lavazza coffee...
Phoenix Suns and Mercury sold to mortgage lender Mat Ishbia
Dec 23, 2022 22:42 pm UTC| Sports Economy Business
Billionaire mortgage lender Mat Ishbia and his brother Justin have agreed to buy the majority stake of the NBA Phoenix Suns and the WNBA Phoenix Mercury including all of the majority owner Robert Sarvers interest US$4...
Google’s YouTube, NFL sign $2B deal for Sunday Ticket online streaming of games
Dec 23, 2022 10:09 am UTC| Business Economy
Googles YouTube and NFL have struck a partnership deal worth $2 billion this week. The companies agreed to team up to bring NFL Sunday Ticket to more viewers through YouTube TV and YouTube Primetime Channels. YouTube...
Netflix reveals plans to open massive facility at former Army base in New Jersey
Dec 23, 2022 09:50 am UTC| Business Economy
Netflix said this week that it would be building a modern production facility using an investment of $900 million. The American subscription video-on-demand over-the-top streaming service and production company based in...
SsangYong Motor rebranded as KG Mobility for a new start under new management
Dec 23, 2022 09:47 am UTC| Business Economy
SsangYong Motor was recently acquired by a consortium led by the KG Group, and with the new management, it was announced that the company has been rebranded. The South Korean automobile manufacturer said it will now...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects