Iconic French sportswear brand Lacoste is making significant strides in promoting sustainability across its operations, demonstrating a growing commitment to environmental responsibility and a circular economy. Through a range of initiatives, the company is addressing various aspects of its impact, from raw material sourcing to product end-of-life. A key pillar of Lacoste’s sustainability strategy, dubbed […]
Billionaire investor Daniel Loeb’s hedge fund, Third Point [1], has disclosed significant stakes in U.S. Steel and Kenvue, as revealed in its latest 13F filing. The firm owned 12.2 million shares of U.S. Steel at the end of the first quarter, signaling confidence in the company’s pending merger with Japan’s Nippon Steel despite ongoing regulatory […]
Iraq has commissioned a 600,000-tonne-per-year steel mill [1] in Basra, more than a decade after awarding the project to Italy’s Danieli Group. The facility, inaugurated by Industry and Minerals Minister Khaled Al-Najm, is expected to support the country’s post-conflict reconstruction efforts and meet growing demand for steel. The project, valued at IQD400 billion ($305 million), […]
The Sajjan Jindal Family Trust has sold a 2% stake in JSW Infrastructure Ltd, India’s second-largest commercial port operator, for ₹1,210 crore to institutional investors, including the Singapore government, to finance the potential takeover of AkzoNobel India. The trust divested 0.88% of its JSW Infra shares worth ₹531 crore to the Singaporean government via block […]
Labubu, the quirky elf-like plush toy with sharp teeth and a mischievous grin, has become a cultural phenomenon, capturing the attention of collectors and fashion enthusiasts worldwide. Created by Hong Kong–born artist Kasing Lung, Labubu debuted in 2015 as part of The Monsters, a story series influenced by Nordic mythology. Since then, over 300 variations […]
