GLOBAL

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LG aims for 100% renewable energy use by 2050

LG Electronics has pledged to transition completely to renewable energy by 2050 as a key component of its sustainability strategy...

22 Jul 2021

GLOBAL

Fashionscapes: A Living Wage highlights plight of garment workers
Fashionscapes: A Living Wage highlights plight of garment workers

The documentary combines the voices of garment workers with legal professionals who are working together to argue for the first EU legislation to ensure garment workers receive a living wage...

28 Apr 2021

GLOBAL

Credit: L'Oréal Group
L'Oréal Paris to cut 50% of carbon footprint by 2030

L'Oréal Paris has committed to reducing its carbon footprint by 50% per finished product, and will contribute €10m to environmental projects whose beneficiaries are communities of women...

26 Apr 2021

GLOBAL

Credit: Polina via Pexels
Food giants appointing teams to focus on plant-based products

Food giants muscle in on booming alternative protein market, with dedicated teams to develop and sell plant-based alternatives to meat and dairy...

30 Jul 2020

GLOBAL

Why Ford, Chanel and other companies pitch in during a crisis - without the government ordering them to
Why Ford, Chanel and other companies pitch in during a crisis - without the government ordering them to

Severe shortages of critical medical supplies have prompted governments to compel private companies to fill the gap...

By Elham Mafi-Kreft and Steven Kreft 26 May 2020

SOUTH AFRICA

More trade desired between SA and Italy in auto sector
More trade desired between SA and Italy in auto sector

Representatives from the automotive industries in South Africa and Italy met recently at the South Africa-Italy Summit 2016...

1 Nov 2016

SOUTH AFRICA

Female millennials are the most confident and ambitious of any female generation
Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015

GLOBAL

Source:
'It's our stuff': Consumers wage right-to-repair revolution

Increasingly concerned about electronic waste and planet-warming emissions, European and US lawmakers want manufacturers to make it easier to repair gadgets that are intrinsic to daily life...

By Carey L. Biron and Umberto Bacchi 19 Oct 2021

ITALY

Luca Cordero di Montezemolo has quit as the boss of Ferrari and will step down in October after 23 years with the company. Image: Wikipedia
Ferrari boss Montezemolo quits

ROME, ITALY: The president of the Italian Ferrari luxury sports car company, Luca Cordero di Montezemolo, announced he was stepping down on 13 October, just days after he said he wanted to stay.

10 Sep 2014

ITALY

Nick Sloane will oversea attempts to refloat the rusting hulk of the Costa Concordia where it will be sold as scrap. Image:
No golf for salvage expert Nick Sloane

ROME, ITALY: After rescuing a burning ship from pirate-infested waters off Yemen and salvaging a sinking oil rig in the Gulf of Mexico, South African salvage master Nick Sloane faces his biggest test yet off an idyllic Mediterranean island.

14 Jul 2014

ITALY

Fiat changes name, disappoints with profits
Fiat changes name, disappoints with profits

MILAN, ITALY: Italian car company Fiat announced on Wednesday (29 January) it was changing its name to Fiat Chrysler Automobiles (FCA) after completing the purchase of US car manufacturer in a move that Fiat chairman John Elkann said "heralded a new...

30 Jan 2014

ITALY

Fiat's Sergio Marchionne has engineered the takeover of Chrysler and plans to make the merged entity into a major car manufacturer operating on a global scale. Image:
Fiat shares surge on Chrysler merger

ROME, ITALY: Shares in Italian car giant Fiat rose sharply after it announced it would take full control of Chrysler in an historic US$3.65bn deal.

3 Jan 2014

ITALY

Versace in search of minority shareholder
Versace in search of minority shareholder

MILAN, ITALY: Versace is seeking a minority investor and a spokesman at the Italian fashion house says about €250m could be pumped into the luxury brand if the right investor is found.

19 Sep 2013

ITALY

Prada net profits rise 7.6% to €308m
Prada net profits rise 7.6% to €308m

MILAN, ITALY: Italy's luxury fashion brand Prada said on Tuesday (17 September) that its net profit rose by 7.6% in the first half of its fiscal year to €308.2 m and expressed confidence for the future despite an uncertain international economic...

18 Sep 2013

ITALY

The wrecked Costa Concordia (Image: Wiki Images)
Attempt to raise Costa Concordia starts on Monday

ROME, ITALY: Salvage workers will attempt to raise the Costa Concordia cruise ship on Monday (16 September), weather permitting, in an unprecedented operation costing more than €600m, officials said.

13 Sep 2013

ITALY

Fiat invests €1bn in Italian plant
Fiat invests €1bn in Italian plant

MILAN, ITALY: Fiat said on Wednesday (4 September) it will invest €1.0bn at its Turin plant to make Maseratis, easing fears that Fiat is lowering its role in Italy.

5 Sep 2013

ITALY

Women prisoners launch fashion label
Women prisoners launch fashion label

ROME, ITALY: Women's prison workshops across Italy are joining up under a new commercial fashion brand they hope will help encourage more detainees to learn the trade and give them hope for a future on the outside.

6 Jun 2013

ITALY

Invest in good food, not junk says FAO
Invest in good food, not junk says FAO

ROME, ITALY: The UN's food agency on Tuesday (4 June) said obesity and poor nutrition weigh heavily on the global economy and told governments that investing in food health would bring big economic as well as social returns.

5 Jun 2013

ITALY

Italian group buys stake in Aston Martin
Italian group buys stake in Aston Martin

ROME, ITALY: Italian private equity fund Investindustrial has bought a 37.5% stake in British car manufacturer Aston Martin for £150m, the companies said in a joint statement on Friday (7 December).

10 Dec 2012

GERMANY

Escalating crisis having an impact on Europe
Escalating crisis having an impact on Europe

NUREMBERG, GERMANY: Faced with the ongoing debate about a Greek bailout and the worsening debt crisis in France and Italy, European consumers are noticeably unsettled once again.

25 Oct 2011



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