Tag: INDUSTRY
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The Growing Shift Towards a Circular Economy Across Industries
According to Goldman Sachs, the circular economy could yield $4.5 trillion by 2030. This model promotes product reuse and minimizing waste, gaining traction in various sectors. Millennial consumers favor sustainable practices, leading companies like Sonalore to innovate in their business models. Food waste is a critical issue, with billions of meals wasted daily, and initiatives…
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Vladimir Mlynchik’s Journey: From Energy to Technology Investments
– Vladimir Mlynchik moved from Russia to establish Volts in Abu Dhabi. – Focuses on energy storage, investing in technology companies. – Attributes childhood values and an MBA as key to his success. – Aims for a $100 billion valuation for his tech firm by 2044. Key Highlights – Vladimir Mlynchik transitioned from the energy…
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Enhancing Business Growth: New Mexico Small Business Assistance Program
The New Mexico Small Business Assistance program aids businesses in transitioning laboratory technologies to commercial products. It offers services in testing and collaboration through CRADAs. The Tech Readiness Initiative supports the licensing of intellectual property from LANL and Sandia. Businesses must have a New Mexico GRT number to participate, with processes designed for ease of…
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Leveraging E-Procurement Tools to Advance Sustainable Purchasing Goals
E-procurement tools assist organizations in achieving sustainable purchasing goals by centralizing processes, enhancing transparency, and providing critical data analytics. These tools empower procurement teams to make informed, responsible sourcing decisions while simultaneously managing costs effectively. The demand for sustainability in procurement is underscored in Amazon Business’s report, highlighting a shared commitment among decision-makers to prioritize…
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Tech Executives Extend Support to Trump Ahead of Inauguration
In the week leading up to Trump’s inauguration, Silicon Valley leaders increased their political engagement by pledging large donations to his inaugural committee and participating in high-profile meetings. This trend illustrates a stark shift in the tech industry’s approach to politics as executives seek to strengthen ties with the new administration and influence regulatory frameworks…
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Chinese Companies Address U.S. Semiconductor Export Controls
Chinese companies, responding to new U.S. semiconductor export controls, believe these measures will have minimal effects on their operations. Key firms such as Empyrean, Skyverse, and NAURA have detailed their strategies to maintain stability amid these restrictions. Experts caution that U.S. actions may disrupt the global semiconductor supply chain, ultimately harming American interests. Chinese firms…
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Tire Giants Michelin, Bridgestone Adjust Chinese Business to Cope With Rising NEV Demand
International tire manufacturers Michelin and Bridgestone are adjusting their strategies in China to meet the increasing demand for new energy vehicles (NEVs). Michelin is enhancing its product range for NEVs and has ambitious expansion plans, while Bridgestone is boosting investments to cater to specific tire needs for electric vehicles. Both companies aim to leverage the…