Eightyards GmbH, the wholly owned subsidiary announced by Hugo Boss last year, has officially commenced operations. Based in Metzingen, the company aims to repurpose surplus materials, aligning with the broader shift towards sustainability. Eightyards operates across three key areas: reselling, reusing, and the re-, up-, and downcycling of surplus textiles. It caters to both the […]
Dalian iron ore futures ended a four-day winning streak on Monday as rising levies on Chinese steel weakened demand prospects for the crucial steelmaking ingredient. However, the decline was tempered by decreasing portside inventories in China. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) closed 0.77% lower at 832.5 yuan ($114.95) […]
BHP is ramping up its global search for copper to meet surging demand fueled by the energy transition. However, the scarcity of high-quality deposits, particularly in stable jurisdictions, poses a significant challenge for the mining giant, according to recent reports. Over the past five years, BHP has undergone a strategic shift in its investment priorities. […]
Samsung Electronics Co., Ltd. made its London Fashion Week debut alongside British luxury brand E.L.V. DENIM, showcasing a powerful collaboration focused on sustainability and responsible consumption. E.L.V. DENIM’s inaugural presentation, titled “The Journey,” featured a full ready-to-wear collection crafted entirely from 100% upcycled materials, marking a significant milestone for the brand. The show, set against […]
The UAE’s renewable energy sector, the Dubai Electricity and Water Authority (DEWA) has announced that its pumped-storage hydroelectric power plant in Hatta will begin exporting clean energy [1] to Dubai in April 2025. This project, which is the first of its kind in the GCC region, is set to contribute to Dubai’s clean energy goals […]
In a significant move to bolster Egypt’s renewable energy infrastructure, UAE-based Amea Power has signed an agreement [1] with the Egyptian Electricity Transmission Company (EETC) to develop two independent battery storage facilities. These facilities, with a combined capacity of up to 1,500 megawatt-hours (MWh), are set to play a crucial role in stabilizing the national […]
