Emirates to recruit 6,000 operational staff to support accelerated recovery

WORLD – Emirates plans to boost its operational workforce by planning to recruit more than 6,000 staff over the next six months. As restrictions ease worldwide with the wider administration of the vaccine, additional pilots, cabin crew, engineering specialists and ground staff will be needed to support the airline’s ramp-up of operations across its global network in response to the…

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Swissport rolls out new cargo app

AFRICA – Swissport is equipping its cargo workers with a brand-new mobile application and new handheld devices to further digitize its air cargo warehousing process and offer real-time visibility on cargo shipments. The Cargospot cargo app, developed by CHAMP Cargosystems, is to record every step of the warehousing process, such as for example acceptance, build-up, check-in of goods and delivery.…

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LG Electronics unveils a US$20m global competition for tech startups

WORLD – LG Electronics has launched Mission for the Future, a global contest for startups to unlock innovative technologies and business ideas into the future. The inaugural competition will be hosted by the company’s new Silicon Valley-based innovation center, LG NOVA, a strategic team within LG working with startups and entrepreneur communities to build new businesses and tap innovation from outside LG. The…

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Adidas sells Reebok to Authentic Brands in US$2.5b deal

WORLD – Sportswear manufacturer Adidas AG, has agreed to sell its underperforming Reebok business to Authentic Brands Group Inc. for up to US$2.5 billion, adding another well-known name to the buyer’s growing line-up of consumer companies. The majority of the price will be paid in cash at closing, with the rest coming as deferred and contingent consideration, the companies said…

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TotalEnergies eyes stake in world’s largest offshore wind farm

WORLD – TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials, reports Bloomberg. Paris-listed TotalEnergies could buy a roughly 20% stake in the third phase of the Dogger Bank wind project in the North…

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TotalEnergies to buy back shares as fuel prices boom

WORLD – Energy company TotalEnergies says it would use part of its cash flow for share buybacks worth at least US$800 million, as rising oil and gas prices boosted profit, offsetting the hit from selling out of one of its Venezuelan ventures, reports Reuters. TotalEnergies has been investing heavily in clean energy projects and electricity production so it can eventually rely…

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TotalEnergies acquires the largest electric vehicle charge points network in Singapore

WORLD – Broad energy company TotalEnergies, has agreed to buy Singapore’s largest electric vehicle charging network from fellow French firm Bollore Group. Upon the approval of the relevant authorities, TotalEnergies will manage and operate the largest electric vehicle charging network in Singapore, with more than 1,500 charge points installed in the city-state. This urban charging network represents around 85% of…

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Microsoft unveils Windows 11 as it takes direct aim at rival Apple’s lucrative App Store business model

WORLD – Tech giant Microsoft has unveiled Windows 11, its first major operating system revamp since 2015 with new changes that take direct aim at Apple’s lucrative App Store business model, reports Reuters and Tech Central. Windows 11, which will hit the market by the end of this year, will include a new Windows Store that will let software developers use…

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IKEA Foundation and Rockefeller set up a historic US$1b initiative to catalyze investments in distributed renewable energy

WORLD – The IKEA Foundation and The Rockefeller Foundation have announced they will join forces to set up a US$1 billion global platform to fight climate change and energy poverty. The platform, which is set to be launched this year 2021 aims to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable…

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