DeBeers rolls out app to clean up Sierra Leone diamond supply chain

The initiative is the latest attempt by the industry to clean up its image and expunge the scourge of “blood diamonds” blamed for financing conflict, chaos and criminality in poor…

EU states divided over digital tax, fear U.S. retaliation

Under a proposal from the EU’s executive Commission in March, EU states would charge a 3 percent levy on the digital revenues of large firms that are accused of averting…

New plastic clothing material could keep people cool

The engineers suggested in the US journal Science that the textile could become a way to keep people living in hot climates cool without using air conditioning.”If you can cool…

Shein’s IPO plan to fuel scrutiny over cotton, roots in China

The Singapore-headquartered company filed confidentially for a listing in New York, a person familiar with the matter has said, weeks after Bloomberg News reported that it could seek a valuation…

Top tech executives will be asked to testify in U.S. probe

The comments came a day after sources said the U.S. executive branch is gearing up for a similar probe of Amazon.com Inc, Apple Inc, Facebook Inc and Alphabet Inc’s Google,…

Uniqlo owner Fast Retailing pledges to donate 10 million surgical masks to fight Covid-19 globally

With full cooperation from the business’ factory in China, Fast Retailing has turned its activities towards the production of surgical masks. Through the Japanese government, Fast Retailing will provide approximately…

Half of Britons wary of indoor shopping centres – survey

The research, which comes from outdoor shopping centre The Valley, in Evesham, Worcestershire, was based on the views of 2,000 adults. It shows that a huge number of consumers aren’t…

UK retailers have big plans for AI in the next year

But while AI is definitely on the agenda, it seems that few are as forward-looking as companies like Shop Direct and Amazon with more advanced tech such as VR/AR, voice-activated…

UK economy starts to show cracks under Brexit and global strains

Confidence among businesses has ebbed to its lowest levels since the global financial crisis.The labour market, which has long been a silver lining for the economy, is also starting to…