GLOBAL

Source:
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

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

FINLAND

Paper giant UPM slashes European paper production, cuts 550 jobs
Paper giant UPM slashes European paper production, cuts 550 jobs

HELSINKI, FINLAND: The world's leading maker of magazine paper, Finland's UPM-Kymmene, announced 550 job losses in Europe on Thursday in an industry hard hit by readers moving to digital publications...

17 Nov 2014

FINLAND

Nokia has recalled the chargers for its 2520 tablet because of the risk of an electrical shock. Image:
Nokia recalls 30,000 chargers for Lumia 2520 tablet

HELSINKI, FINLAND: Finnish telecommunications company Nokia has recalled 30,000 chargers for its Lumia 2520 tablet because it could give customers an electric shock.

22 Apr 2014

FINLAND

Nokia's Lumia sales up 200%. Image: Nokia
Nokia reports €91m net loss as sales fall

HELSINKI, FINLAND: Finnish mobile phone manufacturer Nokia announced on Tuesday, 29 October, a net loss of €91m in the third quarter as sales continued to spiral downwards.

30 Oct 2013

FINLAND

Nokia sells phone unit to Microsoft for €5.44bn
Nokia sells phone unit to Microsoft for €5.44bn

HELSINKI, FINLAND - Beleaguered Finnish mobile phone maker Nokia will sell its mobile phone unit to US group Microsoft for €5.44bn, it said on Tuesday, 3 September.

3 Sep 2013

INDIA

Nokia says India 'least favourite market': report
Nokia says India 'least favourite market': report

Tax problems lead to Nokia criticism of India as its "least favourable market"in which to operate.

26 Aug 2013

FINLAND

Nokia sales plummet as €227m is lost
Nokia sales plummet as €227m is lost

HELSINKI, FINLAND: Mobile phone company Nokia said on Thursday (18 July) that it had reduced losses to €227min the second quarter of this year, but sales were sharply down.

19 Jul 2013

FINLAND

Nokia is still losing money
Nokia is still losing money

HELSINKI, FINLAND: Finnish mobile phone company Nokia announced on Thursday (18 April) that it lost €272m in the first quarter of the year, reducing the €928m it lost in the same period last year.

19 Apr 2013

FINLAND

Nokia boss takes 45% pay cut
Nokia boss takes 45% pay cut

HELSINKI, FINLAND: Nokia, once the world's biggest mobile phone maker, said its chief executive Stephen Elop received no bonus in 2012, reducing his overall income by 45%.

11 Mar 2013

UNITED KINGDOM

Renewable M&As market rallies
Renewable M&As market rallies

LONDON, UK: North America's switch on to energy efficiency has driven their position in the global renewable M&A market in the last 12 months, and could act as a driver for the region to become the dominant renewables market within three years,...

29 Mar 2011

UNITED KINGDOM

Europe will remain home of luxury retail
Europe will remain home of luxury retail

LONDON, UK: Despite huge growth in China, the market for luxury retail in Europe will remain the most lucrative in the world and will grow by nearly US$60 billion (about R431 billion) to be worth US$175 billion (about R1257 billion) by 2015 finds...

By Published by Verdict 9 Feb 2011

UNITED STATES

Unemployment, inflation worries hit consumer confidence
Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks...

27 Jan 2011

UNITED STATES

Hope for full global economic recovery in 2010 diminishes
Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in...

27 Oct 2010



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