In a significant development, the U.S. Customs and Border Protection officials have prepared orders to block the import of tomato and cotton products from China’s Xinjiang region over allegations of forced labor. A formal announcement by the U.S. Administration of… Read More ›
Entrepreneurship
Seattle-based Starbucks Corp adds plant based food & beverages to Asian menus, includes products from Beyond Meat Inc, Impossible Foods, and Oatly
On Tuesday, in a statement Starbucks Corp said, it will add plant-based food and beverages to its menus across Asia starting from September 2020; this will include products from Beyond Meat Inc, Impossible Foods, and Oatly. The move is aimed… Read More ›
U.S. ban on sourcing of cotton and other textiles from Xinjiang will impact global major clothing brands
According to a report from the New York Times late on Monday, the United States is weighing a potential ban on some or all products made with cotton from China’s Xinjiang region which Beijing is housing minority Muslims in modern… Read More ›
Nestle increase recyclable packaging component in its packing to 87%
In a briefing to the media, Swiss giant Nestle said, it has made considerable progress to increase the share of recyclable packaging for its products to 87%, making its 100% goal by 2025 within reach. The development marks examples of… Read More ›
European Stock exchanges jump eyeing COVID-19 vaccine developments
Following a rout in technology stocks on Wall Street that subdued global investor sentiments, on Monday, European shares rebounded with investors keeping a close eye on COVID-19 vaccine developments. Australia is likely to receive its first batches of a potential… Read More ›
Britain’s overriding Brexit strategy will be self goal: EU diplomats
On Monday, following Britain’s statement that it plans on overriding parts of the Brexit divorce agreement which it hammered out with the European Union after months of negotiations, a diplomat from the bloc said, it would amount to “a desperate… Read More ›
China’s exports rises for 3rd consecutive months, exceeds market expectations
On Monday, in August with more countries relaxing coronavirus lockdowns, exports from China have risen for the third consecutive month by 9.5% from a year earlier, according to customs data, marking the strongest gain since March 2019. China’s imports have… Read More ›
No change in personal tax slabs in UK, other than for the wealthy
According to a report from the Sunday Times, British Prime Minister Boris Johnson and Finance Minister Rishi Sunak are likely to trim personal taxes rates before the next election. Sunak has the challenging task of telling voters and lawmakers on… Read More ›
Cvoid-19 And Other Factors Created A Rollercoaster Year For Global Coffee Market
The extent to which the global coffee industry has been severely hit by the novel coronavirus pandemic which is reflected by the figures from those countries that are the biggest markets for coffee. According to Euromonitor International, after a long… Read More ›
‘The World Could Look Like 1900 Again’, Warns Former World Bank Head Robert Zoellick
If various countries do not work together to get out of the current crisis created by the novel coronavirus pandemic and other factors, the world could look like it did in 1900, warned the former head of the World Bank…. Read More ›