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BUSINESS

Plastic recycling remains a myth, study finds

Business, AFP, Published on 25/10/2022

» WASHINGTON: Plastic recycling rates are declining even as production shoots up, according to a Greenpeace USA report that blasts industry claims of creating an efficient, circular economy as "fiction."

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BUSINESS

Hong Kong completes airport's third runway

Business, AFP, Published on 08/09/2021

» HONG KONG: Hong Kong marked the completion of a third runway at its airport on Tuesday at a time when the once thriving international travel hub remains cut off from most of the world.

BUSINESS

New Maersk ships to run on methanol

Business, AFP, Published on 25/08/2021

» COPENHAGEN: Danish shipping giant A.P. Moller-Maersk A/S said on Tuesday that it was speeding up plans for an environment-friendly fleet with the order of eight carbon-neutral container vessels, a pioneering project in the highly-polluting industry.

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BUSINESS

Chile opens vast thermosolar power plant

Business, AFP, Published on 10/06/2021

» SANTIAGO: Chile has inaugurated Latin America's first-ever thermosolar energy plant, a vast complex dubbed Cerro Dominador in the Atacama desert that gives a boost to the country's quest for carbon-neutrality by 2050.

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BUSINESS

AK-47 rifle maker targets hipsters with 'gadget gun'

Business, AFP, Published on 10/02/2021

» MOSCOW: The Kalashnikov Group, which produces the AK-47 assault rifle, is planning to target hipsters and young people with a gadget-packed shotgun.

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BUSINESS

New York Stock Exchange threatens to exit New York

Business, AFP, Published on 11/02/2021

» NEW YORK: Is the New York Stock Exchange (NYSE) about to leave New York city?

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BUSINESS

Rooftop farming takes off in Singapore

Business, AFP, Published on 05/10/2020

» SINGAPORE: On the rooftop of a shopping mall, a sprawling patch of eggplants, rosemary, bananas and papayas stand in colourful contrast to the grey skyscrapers of the city-state's business district.

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BUSINESS

Stuff CEO buys media firm for NZ$1

Business, AFP, Published on 26/05/2020

» WELLINGTON: Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1 (US$0.61), the group's Australian owners Nine Entertainment Co Holdings Limited announced on Monday.

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THAILAND

EU parliament approves ban on single-use plastics

Business, AFP, Published on 26/10/2018

» STRASBOURG: The European Parliament voted overwhelmingly on Wednesday for an EU-wide ban on single-use plastics such as straws, cutlery, cotton buds and balloon sticks.