Once hailed as Europe’s flagship battery manufacturer, Northvolt‘s sudden bankruptcy has sent shockwaves through the industry, leaving a trail of financial devastation. The company’s collapse, which saw it file for Chapter 11 bankruptcy protection in the U.S. on Thursday, has raised concerns not only for its investors but also for Europe’s broader ambitions to establish […]
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“We are choking on plastic,” the UN chief told an intergovernmental panel tasked with devising an international legally binding instrument on plastic pollution on land and water. “Each year, humanity produces over 460 million metric tonnes of plastic,” Mr. Guterres said. “Half of it is designed for single-use purposes – used once and tossed away. […]
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Groundbreaking SAF Partnership: HSBC Hong Kong secures 3,400 metric tonnes of Sustainable Aviation Fuel (SAF) from EcoCeres, contributing to a reduction of 11,800 metric tonnes of carbon emissions. Decarbonization and Innovation: The partnership supports Hong Kong’s ambitions as a regional SAF hub and aligns with global decarbonization goals. EcoCeres’ SAF, made from waste-based biomass feedstock, […]
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The meeting follows two years of intergovernmental negotiations to develop a legally binding global instrument that covers land and the marine environment – a blink of an eye in diplomatic circles, where multilateral deals can be decades in the making. “Our world is drowning in plastic pollution. Every year, we produce 460 million tonnes of […]
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Thousands of Amazon workers across more than 20 countries are set to strike or protest during Black Friday weekend (November 29 – December 2) to demand better treatment from the retail giant. Coordinated by the Make Amazon Pay campaign, the global protests will focus on workers’ rights, tax fairness, and Amazon’s environmental practices. Activists from […]
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As Finland stands on the edge of Europe, the echoes of the Russia-Ukraine war have significantly shifted its investment landscape, particularly in the realm of defense technologies. Once known for its strong historical stance of neutrality, Finland has been forced to reconsider its position in the wake of Russia’s full-scale invasion of Ukraine in February […]
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In the midst of a slowdown in exit activity for venture capital (VC) firms, a promising opportunity is emerging for private wealth investors. According to the latest analyst report, high-net-worth individuals (HNWIs) are increasingly positioning themselves to capitalize on the current market conditions, offering significant potential for those looking to buy into startup shares at […]
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In a recent development and as the global food industry grapples with escalating operational costs, labor shortages, and stricter sustainability mandates, food processors worldwide are reassessing their cold chain logistics strategies. The latest insights, based on the October 2024 report from Rabobank, titled “Do It or Buy It? Global Food Processors Rethink Logistics Outsourcing Strategies,” […]
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The Pakistan sugar industry is currently grappling with a series of internal and external challenges, from political infighting to rising concerns over the sustainability of sugarcane cultivation. The struggle for control within the Pakistan Sugar Mills Association (PSMA) has further amplified the tensions, while broader questions about the future of the sugarcane crop in Pakistan’s […]
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Small and medium-sized enterprises (SMEs) play a pivotal role in driving economic growth and innovation across the globe. With their ability to create jobs, foster creativity, and introduce new products and services, SMEs are the lifeblood of many economies. However, despite their significant contribution, one of the biggest challenges facing these businesses is access to […]
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