Hazira, Surat in India witnessed a tragic accident on Tuesday, with a fire taking place at the steel plant, leading to the tragic death of four workers and one injured. The incident occurred on Tuesday evening at ArcelorMittal Nippon Steel India’s facility, as per reports. Anupam Singh Gehlot, the Surat Commissioner of police, reported that […]
Japan’s Nippon Steel has proposed to the `U.S. government a Veto Power over any potential cuts to U.S. Steel’s production capacity to secure President Joe Biden’s approval for acquiring the American steelmaker, a Source reported on Tuesday. After the Committee on Foreign Investment in the United States (CFIUS) referred Biden the decision to approve or […]
The U.S. Department of Energy has initiated an environmental impact assessment [1] for the proposed Northwest Hydrogen Hub, which was selected as one of seven regional hydrogen hubs in a nationwide competition last year. The assessment aims to evaluate potential environmental risks associated with developing hydrogen projects in the region, which includes Washington, Oregon, and […]
Saudi Arabia’s ACWA Power has announced its entry into the Chinese renewable energy market [1] securing over 1 gigawatt (GW) of renewable energy projects. The portfolio includes multiple solar photovoltaic (PV) and wind energy projects spread across several provinces in China. These projects are in the advanced stages of development and will be jointly owned […]
David Beckham’s company, DRJB Holdings, paid out $124 million in dividends, reflecting the company’s robust financial performance. The key factor was Authentic Brands Group’s majority acquisition of DRJB Holdings in 2022, where Beckham retained a significant 45% stake, allowing him to benefit from the company’s ongoing success. The Financial Times stated that the dividend payments were spread out over […]
Toforto, an eco-friendly lifestyle handbag brand, is expanding its product distribution to the United States and Europe. Toforto means for “Today for Tomorrow,” which represents important activities performed today for a brighter tomorrow. With sustainability at the heart of their philosophy, Toforto creates handbags that are of such high quality and classic style. The brand […]
The ONE International Labour Organisation (ILO) Siraye Programme, a key initiative aimed at addressing labour deficiencies in Ethiopia’s garment industry, has made notable strides in improving working conditions and boosting industrial competitiveness. Despite challenges such as the COVID-19 pandemic and socio-political instability, the programme has achieved significant progress in areas such as workplace safety, grievance […]
The Confederation of Indian Textile Industry (CITI) has urged the government to implement policies to boost investment and scale in the textile and apparel (T&A) sector, targeting an ambitious export goal of $100 billion by 2030. Highlighting the critical role of the US and EU markets in achieving this target, CITI stressed the need for […]
