Tesco chairman warns about rising food prices, predicts 5% inflation
British supermarket chain Tesco’s chairman, John Allan, has reportedly warned that food price inflation in the nation will get worse, predicting that it will soon hit the 5% mark. Allan, who ha....
Kalera to merge with Agrico Acquisition in a $375 million SPAC deal
Kalera, a vertical farming company based in Florida, has reportedly announced its plans to list on Nasdaq via SPAC merger. Earlier this week, the vertical farming business unveiled its plans to merge ....
Scientists make big stride towards harnessing nuclear fusion energy
Scientists have reportedly made significant progress toward making fusion energy a reliable and viable source of energy. The breakthrough could lead to the development of a completely new type of rene....
Unilever to announce thousands of jobs cuts in over 100 countries
Unilever, the renowned British consumer goods enterprise, is reportedly set to cut thousands of jobs roles across 100 nations this week as part of a complete overhaul of the organization’s struc....
ExxonMobil announces plans for achieving net-zero emissions by 2050
American natural gas company, Exxon Mobil Corporation, has reportedly announced its goal for achieving net-zero greenhouse gas emissions by 2050, detailing the comprehensive approach with emission-red....
UK: Labour proposes £600m fund to aid firms hit by energy price spike
UK’s Labour Party has reportedly announced that it will spend £600 million ($815 million) from a proposed windfall tax on the North Sea oil and gas producers to support businesses hit by t....
Korea Zinc invests $50M in Energy Vault in its clean energy push
Korea Zinc Co. Ltd., a South Korean metal smelting firm specializing in non-ferrous metals, has reportedly agreed to invest $50 million in Swiss energy storage company, Energy Vault, and use the latte....
UK: Tory MPs calls on PM to scrap taxes on soaring energy bills
As energy bills across UK surge due to the rapid rise in global wholesale prices, around twenty politicians from the Conservative party, also known as the Tory party, have reportedly urged the Prime M....
Nuclear fusion gains momentum as nations seek out clean energy future
With world leaders vowing to expedite action to prevent further, more disastrous, climate change, nuclear fusion technology, considered safer than existing nuclear fission, has come under the limeligh....