Global code of conduct for currency traders by 2017, say central banks
Bank for International Settlements committee making progress on new code after scandal over price rigging at some of the world’s biggest banks Central banks handed the task of clamping down on the scandal-hit foreign exchange markets say they are on course to publish a global code of conduct for currency traders in 2017. The first […]
McDonald’s says it will switch to cage-free eggs in the US and Canada
The decision to switch to cage-free eggs is part of a push to reinvent the chain, and signals a growing sensitivity among customers to animal welfare issues McDonald’s says it will switch to cage-free eggs in the US and Canada over the next decade, marking the latest push under CEO Steve Easterbrook to try and […]
US private equity firm KKR takes 24.9% stake in Marshall Wace
London hedge fund hails ‘true, long-term partnership’ with KKR, which will have option to increase holding to up to 39.9% The US private equity multinational KKR has taken a 24.9% stake and entered into a long-term strategic partnership with Marshall Wace, one of London’s best-known hedge funds. Under the agreement, KKR – which had a […]
Aviation safety advances helped stave off BA plane fire disaster
While it was terrifying for the passengers, the pilot’s quick response and Boeing 777-200’s containment systems meant the blaze was put out quickly The escape from a dramatic blaze on a British Airways plane on take-off from Las Vegas underlines advances in aviation safety, according to experts, who note parallels to past incidents that caused […]
Seattle calls on Bill Gates to divest from fossil fuels
Former city mayor launches campaign of daily protests outside Gates’ Foundation visitor centre till it commits to divestment Microsoft founder Bill Gates is facing fresh calls to move his charity’s investments out of fossil fuels from the community in Seattle where it is based, led by the city’s former mayor. The Bill and Melinda Gates’ […]
Solar industry is being slashed and burned by the Tories
The government’s claim to be leading a solar revolution is a bad joke when it is instead pursuing ideological warfare against ‘green crap’ The government wasted no time after the election in killing the country’s onshore wind power sector and is now taking its wrecking ball to the solar industry, despite the call from the […]
Brazil's top chefs turn to Amazonian insects for new menu
Chefs in São Paulo are leading a gastronomic revolution by adding creepy-crawlies to their dishes – reclaiming them as part of the national diet When people think of an ant in the kitchen, it is probably of an uninvited little insect painstakingly transporting food remains to its colony. But this concept might soon change. Brazilian […]
Three reasons why businesses win by providing clean water, taps and toilets
Providing access to clean water is no longer a philanthropic act, it’s central to corporate success Included in the sustainable development goals to be endorsed by heads of state and government later this month, is a dedicated goal to ensure available and sustainable water and sanitation for all. Universal access to water, sanitation and hygiene […]
Turning Banana Stems Into Textile Fibres
The textiles sector faces significant challenges moving into the future. The most common fibres, like cotton, are generally inseparable from chemicals and binders and consequently very expensive to reprocess to the recycle or biodegrade. In a sector where there is significant turnover in terms of products, it is becoming apparent that finding a way to […]
Dutch Recycled Plastic Manufacturer Bought By Veolia
Dutch-based recycled plastic manufacturer AKG Kunststof Groep has been purchased by multinational environmental services company Veolia. AKG are a significant player in the European recycled plastics market selling 37,000 tonnes of material with revenues of around £25 million in 2014. Licensed under CC – credit Flickr user: John Lillis Broadly, AKG are a specialist manufacturer […]