Losses on meat alternatives leave investors with sour aftertaste
In February 2021, Entire Meals’ former co-chief government Walter Robb described shoppers’ gradual shift from meat to plant-based alternate options as a “megatrend akin to digitisation” — doubtlessly “the most important single development within the historical past of meals”. It…
Live news: Singapore’s CIX clears 12,000 tonnes of carbon credits on first trading day
Chevron, Vitol, Customary Chartered and China’s CICC cleared 12,000 tonnes of carbon for the launch of Singapore’s voluntary carbon trade, because the city-state bets large on the expansion of the business. CIX, a three way partnership between banks DBS and…
McIlroy says PGA Tour-LIV deal will ultimately be good for golf
High golfer Rory McIlroy, who had grow to be the unofficial face of the PGA Tour and the resistance to Saudi Arabia-backed LIV Golf, capitulated on Wednesday to the merger of the 2 sides, saying it “in the end goes to…
Turkish lira tumbles as Erdoğan backs more orthodox economic team
Turkey’s lira tumbled on Wednesday by essentially the most since late 2021 as President Recep Tayyip Erdoğan’s new financial group started to loosen the shackles that had slowed its fall in current months. The forex dropped 6 per cent in London…
EU considers mandatory ban on using Huawei to build 5G
The EU is contemplating a compulsory ban on member states utilizing firms deemed to current a safety danger of their 5G networks, together with Chinese language telecoms group Huawei, in line with officers with data of the discussions. The transfer…
US was aware of Ukrainian plot to attack Nord Stream, says report
The US was knowledgeable that Ukraine’s army was plotting to explode the Nord Stream pipelines months earlier than mysterious explosions destroyed Russia’s conduit for fuel gross sales to Europe, in keeping with The Washington Submit. The data, cited in a…
Chipmaker TSMC defends overseas expansion plans
TSMC has defended its push to diversify manufacturing past the corporate’s native Taiwan as a significant step to safe the way forward for the world’s largest contract chipmaker, amid rising geopolitical tensions. Taiwan Semiconductor Manufacturing Firm’s abroad enlargement plans have…
Apple unveils Vision Pro ‘mixed reality’ headset
Apple unveiled its long-awaited “blended actuality” headset on Monday, in its most anticipated {hardware} product launch since Steve Jobs revealed the iPad in 2010. The gadget, referred to as Imaginative and prescient Professional, might be obtainable “early subsequent 12 months”….
Crypto exchange Binance sued by SEC in latest blow from US regulators
The US securities market watchdog has sued Binance, the world’s largest crypto change, accusing it of violations together with mixing billions of {dollars} of buyer money with a separate buying and selling agency owned by its chief government. The 13…
Russia claims to have staved off Ukraine attack in Donetsk
Russia’s navy has claimed to have defeated a large-scale Ukrainian assault within the Donetsk area, though it’s not clear whether or not the push marks the beginning of a long-awaited counter-offensive. Kyiv dismissed the claims as Kremlin disinformation. Igor Konashenkov,…