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UK Government Rejects Latte Levy on Disposable Coffee Cups
Mar 13, 2018The UK Government has rejected a proposal from the Environment Audit Committee (EAC) to introduce a latte levy on disposable coffee cups. Earlier this year, the EAC has urged the government to charge 25p ‘latte levy’ on ...
Tags: Coffee Cups, reusable cup
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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Iraq's Parliament Votes to Ban Alcohol
Nov 18, 2016Iraq's parliament has passed a bill for a complete ban on the sale, import and production of alcohol. The law entitles the state to fine Iraqi dinars 25m ($21,000) for anyone violating the alcohol ban. However, the parliament ...
Tags: Alcohol, alcohol ban
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US Senate Approves Nationwide Labeling Law for GMO Food Products
Jul 12, 2016The US Senate has approved a bill, which mandates nationwide labeling of food products containing genetically modified organisms (GMO). The bipartisan bill, which mandates GMO labeling contents with words, pictures or a bar code on the ...
Tags: GMO, food system
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Ford, Volvo, Google, Uber and Lyft Join Hands on Self-Driving Cars
Apr 29, 2016Automakers Ford, Volvo along with technology giant Google and taxi-hailing firms Uber and Lyft have joined forces to push US regulators to draft regulations that support self-driving cars deployment. The coalition, dubbed the Self-Driving ...
Tags: Self-Driving Cars, Ford
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Chinese Lawmakers Give Nod to Registration-based Stock Listing
Dec 28, 2015Chinese lawmakers on Sunday approved a State Council proposal for stock listing reform at the end of a bimonthly legislative session which began Monday in Beijing. The decision by the National People's Congress Standing Committee will ...
Tags: Stock Listing, Registration-based
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Lawmakers Call for Greater Supervision, Penalty After IPO Reform
Dec 24, 2015Chinese lawmakers on Wednesday called on market regulators to step up supervision and stipulate heavier penalties for violators once a stock listing reform takes effect. Legislators are set to approve a State Council proposal on the ...
Tags: IPO Reform, Supervision
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Anheuser-Busch to Acquire Four Peaks Brewing Company to Expand Its Craft Beer Portfolio
Dec 24, 2015Belgium brewer Anheuser-Busch will acquire Arizona-based craft brewer Four Peaks Brewing Company, in an effort to expand its portfolio of craft breweries. Following the acquisition, Four Peaks brewery will continue to brew all of its ...
Tags: Anheuser-Busch, beers, Food
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Crude Futures Fall After Iea Warns Glut Will Persist Into 2016
Dec 15, 2015Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
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US Lawmakers Express Concerns Over Ab InBev-SABMiller Merger
Dec 10, 2015Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
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Ukraine Seeks Imports of Anthracite Coal as Shortages Loom
Dec 2, 2015Ukraine is seeking extra imports of anthracite coal from South Africa and other sources on looming shortages after supplies from Russia and territories controlled by pro-Russian separatists in Donetsk and Luhansk regions were suspended, ...
Tags: Coal, anthracite, natural gas
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Australia's Tasmania Opens First Confucius Classroom
Nov 26, 2015The first Confucius Classroom in Australia's island state of Tasmania opens on Nov 18, 2015. [Photo/Xinhua] The opening ceremony of the first Confucius Classroom in Australia's island state of Tasmania was held on Thursday at Scotch ...
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Cleveland to Converts to LED Streetlights
Nov 13, 2015Cleveland, the most populous city in Ohio, U.S. will be rolling out a major streetlight upgrade, according to a report by Associated Press (AP). According to the Cleveland.com report, limited tariffs have blocked municipalities from ...
Tags: Cleveland, LED Streetlights
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Vibram UPS Anti-Counterfeiting Efforts
Nov 11, 2015Vibram is taking aggressive steps to prevent the counterfeiting of its products, specifically Vibram FiveFingers. “We will not tolerate counterfeiting of the Vibram brand,” states Mike Gionfriddo, CEO of Vibram USA. “The ...
Tags: Vibram, Vibram FiveFingers, soles
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Alaska House Approves Buyout of Transcanada Share of Alaska LNG
Nov 6, 2015Alaskan legislators on Wednesday approved the state's buyout of TransCanada's interest in the Alaska LNG Project. The state House of Representatives voted Wednesday to approve funds for the acquisition, which was proposed by Governor Bill ...
Tags: Alaska LNG, TransCanada, oil revenues