Results for: Business

Speeki, a leading provider of ESG and sustainability software and assurance, has announced new reporting features to simplify and enhance ESG reporting for companies worldwide. Meeting increasing regulatory demands, Speeki supports reporting according to CSRD, IFRS, and other standards. Its innovative Engage™ framework and AI assistant streamline program building, reducing resource and expertise constraints. With Speeki’s platform, companies can efficiently report ESG data in various formats to meet regulatory requirements and enhance transparency.

In response to the recent surge in book bans across the United States, award-winning gay activist and author Salah Bachir has announced a bold initiative to donate copies of his acclaimed memoir to public libraries in [state name]. This generous gesture serves as a powerful statement against censorship and discrimination, providing access to diverse voices and perspectives that counteract the harmful effects of book bans. By donating copies of his memoir, Bachir hopes to foster a culture of openness and acceptance, demonstrating his unwavering commitment to justice and inclusivity.

Hexagon and Microsoft have announced a strategic partnership to enhance collaboration and innovation within the discrete manufacturing industry. They will connect modern cloud infrastructure with manufacturing and engineering systems to empower employees and accelerate product development. This partnership aims to transform collaboration, apply digital twins, and leverage AI for productivity gains and optimal decision-making.

As millennials enter management roles, Gen Z becomes the focus of workplace scrutiny. Critics label them as overly casual and difficult to work with, leading to a trend known as “resenteeism.” This is a combination of resentment and absenteeism, where employees remain in unsatisfying jobs due to limited options or fear of unemployment in the current economic climate. Gen Z workers exhibit high levels of disengagement, with 47% admitting to “coasting” at work and 42% stating that they primarily work for a paycheck. They crave more meaningful work (14%) and autonomy (21%). To address these issues, leaders should foster a sense of connection among coworkers and empower employees with greater ownership over their tasks, creating a more engaged and productive workforce.

Despite the U.S. expanding an embargo on the sale of advanced technology to China, Chinese entities have acquired high-end Nvidia chips through resellers. Reuters reviewed hundreds of tender documents, revealing that 10 Chinese entities obtained advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc., and Gigabyte Technology Co. Ltd. between November 2023 and February 2024. The Chinese buyers included the Chinese Academy of Sciences and various universities. Nvidia and server makers stated compliance with applicable laws or investigations into the matter. Experts believe the chips could be used for AI research and military applications, prompting concerns about potential violations of U.S. export controls.

Titan Cloud, the leading software platform for the fuel industry, has acquired TRUEFILL, a fuel supply management and logistics platform. This acquisition will provide fuel retailers, wholesalers, and carriers with powerful tools to reduce costs, increase efficiency, and enhance visibility throughout the fuel supply chain.

The job market has tightened for young Canadians, with youth unemployment reaching a high of 12.6%. New graduates must showcase their soft skills and authenticity in interviews while leveraging their extra-curricular experiences and networking to stand out in a competitive market. Preparation and practice are crucial, and career counselors can provide guidance and support. Industries continue to seek talented graduates, valuing their fresh ideas and contributions to company culture.

The Federal Trade Commission (FTC) has filed a lawsuit to block the proposed $8.5 billion merger between Tapestry, Inc. and Capri Holdings Limited, citing antitrust concerns. Tapestry owns brands such as Coach and Kate Spade, while Capri owns brands like Michael Kors and Versace. The FTC alleges that the deal would eliminate direct competition between the two companies in the ‘accessible luxury’ handbag market, giving Tapestry an unfair advantage. The regulators also expressed concerns about potential negative consequences for workers in the combined company, including lower wages and reduced workplace benefits.

The Financial Conduct Authority (FCA) is extending its sustainability regulations to a broader range of investment products in an ongoing effort to combat greenwashing. This move follows the implementation of anti-greenwashing rules in November 2022, aimed at protecting retail investors from misleading sustainability claims. The expanded rules will cover portfolio managers, ensuring that a wider range of products meet specific sustainability criteria. The FCA also issued guidance to assist firms in complying with the anti-greenwashing rule, emphasizing the importance of clear and substantiated claims.

Equinor’s Hammerfest LNG plant in northern Norway was evacuated Tuesday due to a gas leak during maintenance. The plant, Europe’s largest LNG export facility, will remain offline until Friday at least. The leak has been stopped, and all personnel at the plant are accounted for. There were no injuries or risk to the general population. The outage is expected to affect about 5% of Norwegian gas exports.