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Coca-Cola, criticised for plastic pollution, pledges 25% reusable packaging

The Coca-Cola Company on Thursday said it will aim for 25% of its packaging globally to be reusable by 2030, a move hailed by environmental groups who have called out the soft-drink maker for worldwide plastic pollution. Coca-Cola is a top target for consumer, investor and environmental groups concerned about petroleum-based plastic single-use bottles clogging oceans, among other problems, reports ...

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Champagne sales hit record as fizz returns with pandemic recovery

Champagne sales reached an all-time high last year, handily beating a previous mark set in 2019, as the relaxation of pandemic-related curbs fuelled a surge in exports, notably to the United States, producers said on Monday. While French producers already said last year they expected a sales record, they now confirmed 2021 sales hit $5.7 billion, 14% above the pre-pandemic ...

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West Bengal resumes incoming int’l flights from Feb 15

Indian West Bengal state government has decided to withdraw restrictions on incoming international flights to its territory from February 15 due to improved COVID situation there. All passengers of international flight must be fully vaccinated or conducted RT-PCR test within 72 hours from the time of flight departure, according to a message disseminated to the media by the Indian High ...

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Ukraine tension reins in euro, drives rush to safe-havens

The dollar and safe-haven currencies held gains and riskier ones struggled for traction on Monday, with traders on edge about the prospect of war in Europe and unsettled by soaring inflation. The risk of war in Ukraine has seen the euro retreat to $1.1360 from last week’s top of $1.1495. The Australian and New Zealand dollars were also pinned below ...

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Marketplace suspends most NFT sales

The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted most transactions because people were selling tokens of content that did not belong to them, its founder said, calling this a “fundamental problem” in the fast-growing digital assets market. Sales of NFTs, or non-fungible tokens, soared to around $25 billion in 2021, leaving many ...

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Company Act needs amendment: Commerce Secretary

The country’s Company Act needs to be amended and modernized in line with the global perspective for sustainable financial growth, Commerce Ministry’s Senior Secretary Tapan Kanti Ghosh said on Saturday. The Company Act was last amended in 1994 and it needs to be made time-befitting to adopt so many changes in the global economy and trading system, he said. The ...

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Gold prices hiked by Tk 1,867 per bhori again

The gold price has increased by Tk 1,867 per bhori in the local market with effect from Thursday (February 10). Price of per bhori of 22 carat gold will be Tk 75,000. MA Hannan, chairman of the standing committee on pricing and price monitoring of the jewellers’ association, said Wednesday in a statement, “The new prices will be effective across ...

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Toyota overcomes chip shortage to beat Q3 net profit forecast

Toyota on Wednesday posted a forecast-beating net profit of $6.8 billion for the three months to December, even as a global chip crunch and a pandemic-driven parts shortage forced production cuts. The Japanese auto giant, which kept its crown as the world’s top-selling carmaker in 2021, left its annual net profit outlook unchanged but slightly lowered its full-year vehicle sales ...

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FTA, FIPA negotiations with Canada underway; Bangladesh HC to Canada

In order to increase Canadian investment and trade in Bangladesh, free trade and foreign investment promotion and protection agreement between the two countries are on the table, said Bangladesh High Commissioner to Canada Dr Khalil Rahman. He informed this at a virtual meeting of the Canada-Bangladesh Joint Working Group on Strengthening Commercial Relations on Monday night. Citing the complexity of ...

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First ship leaves for Italy from Ctg port with RMG goods

Bangladesh’s first-ever direct export of readymade garments by sea started on Monday with MV Songa Cheeta leaving Chattogram port for Italy. The ship left the port at around 3 pm for Ravenna port in Italy carrying 950 TEUs (Twenty Equipment Unit) in 493 boxes. On Saturday, the ship anchored at NCT04 jetty of the port carrying the empty containers. Port ...

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