LG Energy Solutions to run operations on 100% renewable energy by 2025
LG Energy Solution is reportedly planning to power all its production sites across the world with renewable energy from 2025. The second-largest producer of electric car batteries in the world affirme....
India’s gasoline sales for July dwindle as monsoon rains dampen demand
The gasoline demand in the country declined by around 8% to 2.66 million tonnes while the demand for gasoil fell by almost 16% to 6.42 million tonnes. Even truck transportation dropped by 15% to ....
Mondelez raises revenue forecast over steady demand and higher prices
After beating quarterly estimations, Mondelez International Inc. has now increased its annual revenue forecast as the demand for the Oreo maker's sweets and chocolates were unabated despite higher....
BASF gears up for more cutbacks in ammonia amid gas supply shortage
BASF SE, Germany’s biggest chemical company, is slashing ammonia production due to the increasing natural gas prices, with implications ranging from agriculture to carbonated beverage industries....
Air-conditioned shops in France ordered to shut doors to save energy
A French minister has reportedly announced that all air-conditioned stores in France are required to keep their doors shut or pay a fine of €750 ($760) after several mayors from major cities anno....
Bavarian Nordic’s monkeypox vaccine receives approval from the EU
EU approved the vaccine a day after the WHO declared monkeypox virus as a global health emergency. Bavarian's share price has increased by 122% given the surge in demand for the monkeypox vac....
UK Novel Food List adds SpectrumLeaf Europe’s premium CBD brands
Premium CBD products/brands curator, SpectrumLeaf Europe’s Elevar Hemp CBD oral strips and Cannadips CBD pouches have reportedly been listed on the UK Novel Food list. While all of the CBD pr....
Online food firm ChowNow conducts mass layoffs, heralds a tough future
ChowNow, a California-based startup that develops branded online ordering systems for restaurants, has reportedly announced a mass internal layoff. The move has supposedly affected more than 100 emplo....
Shell turns to TikTok to boost its credibility amid the energy crisis
Shell, the major British multinational oil and gas company, is reportedly in the market for a social media manager for its TikTok handle in a move geared towards influencing the new generation of peop....