L’Oréal Sales Increase 2.4%, Missing Expectations L’Oréal, the world’s largest beauty company, recently reported a 2.4% increase in sales. While this growth is undoubtedly positive, the company fell slightly short of analyst expectations. The primary factors contributing to this shortfall were challenges in the travel retail sector and slower growth in Europe, which put pressure […]
Pinaults’ Artemis Says Not Facing Financial Strain Despite Kering Woes
Pinaults’ Artemis Says Not Facing Financial Strain Despite Kering Woes Artemis, the holding company of the Pinault family, has recently made headlines with reassuring news amidst concerns over its financial health. Despite a noticeable increase in standalone debt, Artemis has swiftly moved to dispel any notions of financial strain, citing the spike in debt as […]
Nuclear-linked hydrogen plan aims to feed AI-fueled energy hungry data centers
Nuclear-Linked Hydrogen Plan Aims to Feed AI-Fueled Energy-Hungry Data Centers Canada-based First Hydrogen Corp. says it will begin designing small modular nuclear reactors (SMRs) with the aim of revolutionizing the way energy is produced for data centers. The intersection of nuclear power and hydrogen technology could pave the way for a more sustainable and efficient […]
DTC Brand Quince Valued at Over $4.5 Billion
DTC Brand Quince Valued at Over $4.5 Billion Direct-to-consumer (DTC) brands have been making waves in the retail industry for the past few years, disrupting traditional business models and capturing the attention of consumers worldwide. One such brand that has recently taken the spotlight is Quince, an accessible luxury label that has gained popularity through […]
How the EU’s Packaging Waste Directive could revolutionise packaging
The Impact of the EU’s Packaging Waste Directive on Revolutionizing Packaging The European Union’s Packaging Waste Directive has set the stage for a significant transformation in the packaging industry. This directive represents a crucial step towards achieving a circular economy by emphasizing the importance of recyclability and reuse in packaging design and production. By mandating […]
Saudi Arabia plans massive green hydrogen site twice the size of Neom’s plant
Saudi Arabia Ramps Up Green Hydrogen Ambitions with Massive New Facility Saudi Arabia is ramping up its green hydrogen ambitions with a massive new facility planned to be twice the size of Neom’s plant. The country, known for its vast oil reserves, is now turning its focus towards renewable energy sources, particularly green hydrogen. This […]
Walmart’s Vision of Beauty for Everyone
Walmart’s Vision of Beauty for Everyone In the realm of beauty retail, Walmart has long been a dominant player with its vast store network and broad customer reach. However, in recent years, the retail giant has been strategically revamping its beauty offerings to stay ahead in the competitive market. Vinima Shekhar, Walmart’s vice president of […]
Leaf-inspired breakthrough makes bioplastics stronger, smarter, and truly compostable
Leaf-inspired breakthrough makes bioplastics stronger, smarter, and truly compostable The humble leaf could hold the blueprint for bioplastics that neither pollute nor crack under pressure. In a groundbreaking development, researchers have drawn inspiration from nature to create bioplastics that are not only strong and durable but also fully compostable, offering a sustainable alternative to traditional […]
Procter & Gamble Names Shailesh Jejurikar as CEO, Replacing Jon Moeller
Procter & Gamble Names Shailesh Jejurikar as CEO, Replacing Jon Moeller Procter & Gamble, the consumer goods giant behind iconic brands like Tide, Pampers, and Gillette, has announced a change in its leadership. Shailesh Jejurikar is set to take the reins as the new CEO, succeeding Jon Moeller. This move marks a significant shift in […]
Scientists uncover hidden cause of critical metal loss in lithium battery recycling
Aluminum: The Hidden Culprit Behind Critical Metal Loss in Lithium Battery Recycling Aluminum is quietly sabotaging lithium battery recycling at the atomic level. In a new study published in the Journal of Materials Chemistry A, scientists have uncovered a surprising discovery that sheds light on the challenges faced in the recycling process of lithium batteries. […]