Biofabricate Summit- Key takeaways from first European event on bio-produced materials

The Biofabricate Summit, led by sector expert Suzanne Lee, was held at the Fiminco Foundation, a pharmaceuticals industrial site, where remedies against anaemia and tuberculosis were first tested a century ago, as many visitors from France and other countries discovered. The alternative materials presented at the summit, about 40 of them, were exhibited under the foundation’s imposing ceiling…

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Birkenstock opens manufacturing sites for behind-the-scenes tour

“Bernstadt is not the end of the world, as one might think at first,” says Jochen Gutzy, head of communications at Birkenstock, to a group of journalists being given a tour of the company’s facilities in May. They are the first ones to gain access to the production facilities of the 245-year old company.This “end-of-the-world” site, nestled among grass meadows, is about three hours’ drive…

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Crunch time as high-level US-China trade talks resume

China’s Commerce Ministry said Thursday the two sides would “go a step further in deepening their communication.”But analysts say the distance separating Washington and Beijing and the short time remaining before the March 1 deadline make it likely the outcome will feature banner announcements but fall short of Trump’s most far-reaching goals.

“I think the consensus of people that have be…

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COS links with United Repair Centre, Visa to boost circularity

COS is one of the first experiment partners for the payment network giant Visa’s Recommerce Behavioural Insights Lab, along with United Repair Centre, the Ellen MacArthur Foundation, Mindworks and Twig.It comes as Visa research shows 92% of people surveyed saying they want to live a sustainable life, but only 16% are actively changing their behaviour.

The partners in the series of experim…

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Firms must prepare for Brexit without transition, Irish central bank says

Negotiations on the terms of Britain’s exit from the EU have made slow progress before a March 2019 deadline. Talks on the transition period have not even begun.EU leaders meet on Thursday and Friday to discuss Brexit, and a draft communique showed they won’t adopt guidelines on possible transitional arrangements until December.

JPMorgan said on Monday the chance of a “no deal” Brexit had…

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GfK UK consumer confidence sinks, Brexit is -black cloud-

Overall consumer confidence has dropped two points compared to September and four points year-on-year to hit -14 as all five measures that make up the final figure are down.Consumers are generally gloomy about the wider economy with October’s reading for the 12 months ahead being -37, down two points from September and nine points from October 2018. Their view of the economy in the past 12 mo…

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Japan- Private sector grants highest wage rise since 2013

The announcement came the day after several major Japanese manufacturers, led by Toyota Motor and including Panasonic, Nippon Steel and Nissan, agreed to fully meet the wage increase demands made by the unions in this year’s collective wage negotiations.UA Zensen, an organization created in 2012 that represents 2,237 trade unions and 1.8 million service sector, textiles and retail workers, anno…

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Massimiliano Bizzi of White says Milan should become Europe’s fashion capital

 “It is a time of great change, and fashion must adapt in order to become increasingly relevant. We need to innovate and demand more, also from public institutions, to achieve greater international standing,” said Bizzi at the conference.“After the pandemic, only a handful of rather small-scale trade shows are still being held in Paris. In this context, Milan has the potential to attract…

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