BUSINESS

Purpose has entered mainstream discourse in the few past years, often intertwined with the concept of sustainability. In 2021, more than a dozen major businesses pledged to put social sustainability higher on the boardroom agenda, by joining a scheme aimed to help businesses become more “purpose-driven” We summarise insights from business leaders and sustainability experts on the external challenges persisting in the advancement of purpose-driven business.
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2 years ago Read more at edie.net

Business of Brands 2 min read Evaluating various future options for ice cream business in India, says HUL. Once the approach is finalised, we will communicate further," said a HUL spokesperson.
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2 years ago Read more at ETBrandEquity

Foreign investment fell 8% last year as companies recalibrated their commitments in the world’s second-largest economy. EU Chamber officials said China’s changing business environment partly reflects moves by Beijing to minimise risks due to trade friction and dependence on imports of key commodities or industrial products.
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2 years ago Read more at Euronews

FM frequently traveled to a province to be with his mistress. He reportedly stayed overnight at her house instead of the hotel room booked for his supposed business trip. FM’s ruse was foiled when he went on a jog in the village.
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2 years ago Read more at Politiko.com.ph

European Chamber of Commerce in China urges China to do more to address concerns it says have “grown exponentially” in recent years. Advertisement China’s changing business environment partly reflects moves by Beijing to minimize risks due to trade friction and dependence on imports of key commodities or industrial products.
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2 years ago Read more at The Washington Post

Johnson Matthey JMAT will sell its medical device components business to Montagu Private Equity for $700 million in cash. The unit makes components for medical device manufacturers globally with a focus on precious metal alloys and nitinol.
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2 years ago Read more at TradingView

In a growing number of cases, particularly relating to positive discrimination and protected beliefs, the report finds that EDI interventions are proving to be counterproductive or even unlawful. Business and Trade Secretary and Minister for Women and Equalities, Kemi Badenoch MP, said: ‘Discussions around diversity and inclusion at work are often bogged down by performative gestures’ The report found employers face barriers such as a lack of accessible data. It also found many employers are not using data to make EDi
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2 years ago Read more at GOV.UK

China International Import Expo (CIIE) is scheduled to take place for the seventh time this November in Shanghai. Over 240,000 sqm of the Business Exhibition area have been booked by early exhibitors, including nearly 200 Fortune Global 500 companies and industrial giants. The CIIE provides a platform for international trade cooperation and exchange, where global companies and agencies can interact directly with Chinese consumers.
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2 years ago Read more at News Agency of Nigeria

European companies in China are overly focused on risk management amid a less predictable and more politicised business environment in the world’s second largest economy. About three-quarters of respondents to a survey of its 1,700 members had reviewed their supply chains and exposure in China over the past two years. Only 1 percent said they planned to move production out of China entirely.
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2 years ago Read more at Al Jazeera English

Godfreys collapsed in January after failing to stay relevant in a fast-paced retail environment. The vacuum retailer will begin winding down its remaining 87 stores and eventually let go of more than 600 staff. Say goodbye to the vacuum retailer dating back to the Great Depression.
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2 years ago Read more at Sydney Morning Herald