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Haagen-Dazs, Tropicana want their packaging back now

Bloomberg In the environmentalist mantra “reduce, reuse, recycle,” almost all of the attention has been paid to recycling. Now some of the world’s biggest consumer brands are trying to shift the focus to the second R, with a programme that provides products in reusable containers that can be returned for a refund. The durable packaging programme, called “Loop” — a ...

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EU warns tariffs on $23b in US goods if Trump taxes cars

Bloomberg The European Union is prepared to hit 20 billion euros ($22.7 billion) of US goods with tariffs should President Donald Trump follow through on a threat to impose duties on EU cars and auto parts, said a senior trade official for the bloc. The assertion by Jean-Luc Demarty, director general for trade in the European Commission, the EU’s executive ...

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UAE investments in Egypt reach $5.9bn in four years

ABU DHABI / WAM The UAE is the second largest Arab investor in Egypt with $5.9 billion in investments over the past four years until the end of 2018, according to a top Egyptian official. Speaking to reporters on the sidelines of the First Arab Corporate Citizenship Forum held on Wednesday in Abu Dhabi, Chief Executive of the Egyptian General ...

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