Fast Fashion Giants H&M and Zara Linked to Environmental Destruction and Land Grabbing in Brazil’s Cerrado Region
On April 11, non-profit organization Earthsite revealed that factories that supply clothes to fast fashion giants H&M and Zara are buying cotton that has been linked to environmental destruction and land grabbing in Brazil’s Cerrado region, a survey revealed. The photo shows a woman carrying a Zara shopping bag. Picture taken in March in Bilbao, […]
Super Micro Computer Surges 13.5% After Being Added to S&P 500 Index
Super Micro Computer, which makes servers for artificial intelligence (AI), jumped 13.5% in after-hours trading after the US stock market closed on the 1st. File photo of the company’s logo (2024 Reuters / Ann Wang) [1日 ロイター] – Super Micro Computer (SMCI.O), opens a new tab, which makes servers for artificial intelligence (AI), jumped 13.5% […]
Rising Trend: Young Chinese Turn to Gold as Economic Uncertainty Grows
Young Chinese Turn to Gold as Safe Haven Amid Economic Uncertainty An employee delicately displays a tray of gold jewelry at a Chow Tai Fook jewelry store in Shanghai, China on November 27, 2023. REUTERS/Nicoco Chan/File Photo The trend of purchasing physical gold is gaining momentum among young people in China. The lackluster economic recovery […]
Novo Holdings CEO Expecting Strong Sales and Profits from Obesity Drug Ugobi
Novo Holdings CEO Expects Strong Sales of Novo Nordisk’s Obesity Drug Copenhagen, March 3 (Reuters) – Kassim Kutai, chief executive officer of Danish holding company Novo Holdings (NOVOb.CO), expressed his optimism for the strong sales of Ugobi, an obesity drug produced by pharmaceutical giant Novo Nordisk. With Novo Holdings having 76.9% of the voting rights […]
Global Tax Free Stock Soars as Chinese Group Tourism Increases, Advantages of Reopening
Global Tax Free, a tax refund agency, has seen a significant surge in its stock price since the start of the pandemic, more than doubling in value. This growth is expected to continue as the number of Chinese group tourists visiting Korea increases. Securities firms predict that Global Tax Free will be a beneficial investment […]
Calls for Compensation: Outcry Against Fast Fashion’s Impact on Developing Countries
Fast Fashion Industry Urged to Take Responsibility for Clothing Waste Crisis in Global South ACCRA, March 31 – The volume of discarded clothing from industrialized Western countries is causing a major problem in developing nations, known as the Global South. Calls are growing for the fast fashion industry to be held accountable for overproduction. Every […]
GS Caltex Clinches Victory in the KOVO Cup Final Against IBK Industrial Bank with Perfect Reversal Play
GS Caltex Secures Championship Title at KOVO Cup By Ahn Ho-geun, Star News Gumi | August 5, 2023 – 16:39 GS Caltex players celebrated their victory in the KOVO Cup final against IBK Industrial Bank on the 5th. This win marked GS Caltex’s second consecutive championship in the tournament, solidifying their reputation as the strongest […]
Byeon Sang-il Wins First GS Caltex Cup in Epic Showdown with Choi Jeong-9
Byeon Sang-il claims his first GS Caltex Cup victory Written by Kang Pil-ju | July 31, 2023 Byeon Sang-il, 9-dan, emerged victorious in the GS Caltex Cup for the first time, showcasing his skills and determination. On the 31st, at the 28th GS Caltex Pro Cup Tournament held at the Go TV Studio in Korea, […]