Category: 3. Business

  • Fast Retailing Selected for CDP’s “A List” in Both Climate Change and Water Security, Achieving Highest Rating in the Climate Change Category of the Global Index for Fourth Consecutive Year

    Fast Retailing Selected for CDP’s “A List” in Both Climate Change and Water Security, Achieving Highest Rating in the Climate Change Category of the Global Index for Fourth Consecutive Year

    Last Updated: 2025.12.24

    Fast Retailing Selected for CDP’s “A List” in Both Climate Change and Water Security, Achieving Highest Rating in the Climate Change Category of the Global Index for Fourth Consecutive Year

    FAST RETAILING CO., LTD.
    to Japanese page

    Fast Retailing has been recognized on the prestigious “A List” by CDP, the international nonprofit organization that runs a global environmental disclosure system, for its climate change and water security initiatives, as well as for its high level of transparency. The company earned an A List ranking in climate change for the fourth consecutive year, and in water security for the third time since 2022. Fast Retailing also received a B score in the Forests category, which evaluates corporate efforts to prevent deforestation and the conversion of natural ecosystems.

    Fast Retailing’s Initiatives
    Fast Retailing promotes sustainability initiatives as an integral part of its business, centered on its “LifeWear” philosophy of creating high quality clothing that improves the lives of all people around the world. In the area of climate action, the company is strengthening its efforts aiming to achieve net-zero egreenhouse gas emissions by 2050. In November 2025, Fast Retailing announced that it would raise its greenhouse gas emissions reduction target* across the supply chain to 30% (against FY2019 baseline) from the previous target of 20%. This new target has also been approved by the Science Based Targets initiative (SBTi) as a science-based target (SBT), and is in line with the level of decarbonization required to achieve the goals outlined in the Paris Agreement.

    * Emissions associated with raw material production, fabric production, and garment sewing for UNIQLO and GU products.

    Commenting on the recognition, Yukihiro Nitta, Fast Retailing Group Executive Officer responsible for sustainability, said: “Fast Retailing is accelerating its transition toward a business model that eliminates waste by making, transporting, and selling only the products that customers truly need. Through this approach, we aim to achieve both global business growth and long‑term sustainability. In addressing climate change–our highest‑priority issue–we are further strengthening our initiatives, including raising our Scope 3 greenhouse gas reduction targets for 2030 in close collaboration with our production partners. We are also advancing water security initiatives by conducting comprehensive risk assessments and implementing actions based on those findings. We believe our continued efforts to work alongside stakeholders, to pursue initiatives that meet globally expected standards, and to maintain highly transparent disclosure have all contributed to our inclusion on this year’s CDP A List.”

    About CDP
    CDP’s environmental disclosure platform and evaluation process are widely regarded as the global gold standard for corporate environmental reporting. In 2025, more than 22,100 companies reported through CDP’s platform. Achieving an ‘A’ places a company among the global leaders demonstrating comprehensive disclosure, mature environmental governance, and meaningful progress towards environmental resilience. Companies on the list represent the top 4% of those evaluated by CDP.

    For More Information on Fast Retailing’s environmental sustainability initiatives, please see the following.

     

    Top of page

    Continue Reading

  • PSX rises over 300 points amid range-bound trading activity

    PSX rises over 300 points amid range-bound trading activity

    KARACHI (Dunya News) – Pakistan Stock Exchange on Wednesday registered modest gains amid cautious trading by investors.

    During intraday trading, the KSE-100 index gained 316.95 points to reach 171,390.68 points, marking a positive change of 0.19 percent compared to previous close of 171,073.73 points.

    The Pakistan International Airlines Holding Company Limited (PIAHCL) recorded a positive change of 2.2pc with share price hovering at Rs39.82, a day after Arif Habib Consortium bought 75 percent shares of PIA for Rs135 billion.

    A day earlier, the benchmark KSE-100 Index closed bearish, losing 130.44 points, a negative change of 0.08 percent, to settle at 171,073 points compared to 171,204.18 points on the previous trading day, according to PSX data.

    During the session, the ready market witnessed a trading volume of 650.136 million shares with a traded value of Rs 28.256 billion, against 684.548 million shares valuing Rs 30.100 billion in the previous session. Market capitalization declined to Rs 19.396 trillion from Rs 19.435 trillion a day earlier.

    Out of 481 active companies in the ready market, 151 advanced, 287 declined, while 43 remained unchanged.

     


    Related Topics



    Subscribe Dunya News on YouTube

    ‘ ; r_text[1] = ” ; r_text[2] = ” ; r_text[3] = ” ; r_text[4] = ” ; r_text[5] = ” ; r_text[6] = ” ; var i = Math.floor(r_text.length * Math.random()); document.write(r_text[i]);

    Continue Reading

  • Silver price in Pakistan for today, December 24, 2025 – Profit by Pakistan

    1. Silver price in Pakistan for today, December 24, 2025  Profit by Pakistan
    2. Gold, silver prices hit record high  Dawn
    3. Gold price per tola gains Rs8,500 in Pakistan  Business Recorder
    4. Gold, silver at new highs on global rally  The Express Tribune
    5. Gold Soars to All-Time High in Pakistan  ProPakistani

    Continue Reading

  • Fujitsu develops Fujitsu Kozuchi Physical AI 1.0 for seamless integration of physical and agentic AI

    Fujitsu develops Fujitsu Kozuchi Physical AI 1.0 for seamless integration of physical and agentic AI

    Fujitsu today announced the development of Fujitsu Kozuchi Physical AI 1.0, a new technology designed to seamlessly integrate physical and agentic AI. The technology, which marks the first achievement of Fujitsu’s collaboration with NVIDIA, announced on October 3, 2025, integrates NVIDIA’s software stack with Fujitsu’s proprietary technologies.

    As core functions offered through the new technology, Fujitsu has developed a multi-AI agent framework that enables secure automation of highly confidential business workflows and a set of specialized AI agents based on its large language model (LLM) Takane, to support the automation of procurement operations in purchasing departments.

    Moving forward, Fujitsu will continue its collaboration with NVIDIA to evolve the newly developed technology for sovereign domains. By the end of its fiscal year 2025, Fujitsu plans to transform the technology into an agentic AI foundation where AI autonomously learns and evolves within customer environments. The technology will then be expanded into the physical AI domain, enabling AI agents to directly interact with the real world through physical robots. Fujitsu envisions a society where AI agents and robots seamlessly collaborate to perform complex tasks based on a deep understanding of real-world operations.

    Fujitsu remains committed to advancing research and development to address diverse customer needs and solve challenges in specialized business areas, thereby unlocking new possibilities for enterprise utilization of agentic and physical AI.

    Continue Reading

  • Canon honored for Excellent Production Support at TSMC 2025 Excellent Performance Awards

    Canon honored for Excellent Production Support at TSMC 2025 Excellent Performance Awards

    Canon honored for Excellent Production Support at TSMC 2025 Excellent Performance Awards

    TOKYO, December 24, 2025—Canon Inc. announced today that it received a 2025 Excellent Performance Award from Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC). the world’s leading semiconductor foundry. This award recognizes companies that have made significant contributions to the company’s success and the advancement of the semiconductor industry.

    Canon was presented with the award for Excellent Production Support, a category within the 2025 Excellent Performance Award. Canon’s evaluation was based on its efforts to improve TSMC’s production capacity through timely equipment supply, high-quality service support and the development of new functions to meet customer requests. This is the third time Canon has received this prestigious award.

    Encouraged by this award, Canon will continue to advance its semiconductor lithography technology and strengthen its support services to help drive innovation in the semiconductor industry and contribute to society.

    Continue Reading

  • Gold tops $4,500, silver and platinum hit records in metal markets frenzy

    Gold surged past the $4,500-an-ounce mark for the first time on Wednesday, while silver and platinum also scaled record highs, as investors piled into precious metals on safe-haven demand and expectations that U.S. interest rates will fall further next year.

    Spot gold rose 0.1% to $4,492.51 per ounce by 0359 GMT, after touching a record high of $4,525.19 earlier in the session. U.S. gold futures for February delivery climbed 0.3% to a record high of $4,520.60.

    Silver gained 1.2% to $72.27 an ounce, after hitting an all-time peak of $72.70 earlier, while platinum jumped 3.3% to $2,351.05 after rising to a historic high of $2,377.50.

    Palladium climbed almost 2% to $1,897.11, its highest level in three years.

    “Precious metals have become more of a speculative narrative around the idea that, with de-globalization, you need an asset that can act as a neutral go-between, without sovereign risk particularly as tensions between the U.S. and China persist,” said Ilya Spivak, head of global macro at Tastylive.

    A goldsmith weighs gold jewellery inside a showroom in Ahmedabad

    Thin year-end liquidity exaggerated recent price moves but the broader theme was likely to endure, with gold targeting $5,000 over the next six to twelve months and silver potentially pushing toward $80 as markets respond to key psychological levels, Spivak added.

    Gold has surged more than 70% this year, its biggest annual gain since 1979, driven by safe-haven demand, expectations of U.S. rate cuts, robust central-bank buying, de-dollarisation trends and ETF inflows, with traders pricing in two rate cuts next year.

    Silver has jumped more than 150% over the same period, outpacing gold on strong investment demand, its inclusion on the U.S. critical minerals list and momentum buying.

    Gold and silver have “been hitting the accelerator pedal this week” with fresh record highs, reflecting their appeal as stores of value amid expectations of lower U.S. rates and lingering global debt, said Tim Waterer, chief market analyst at KCM Trade.

    Platinum and palladium, primarily used in automotive catalytic converters to reduce emissions, have surged this year on tight mine supply, tariff uncertainty, and a rotation from gold investment demand, with platinum up about 160% and palladium gaining more than 100% year to date.

    “What we’re seeing in platinum and palladium is largely catch-up,” Spivak said adding that the thin nature of those markets leave them vulnerable to sharp swings, even as they broadly track gold, once liquidity returns.


    Continue Reading

  • Alaska News Nightly: Tuesday, December 23, 2025

    Alaska News Nightly: Tuesday, December 23, 2025

    Tuesday on Alaska News Nightly

    State lawmakers weigh in on next month’s legislative session. We discuss what to expect. Plus, Fairbanks residents can expect a White Christmas, followed by some very intense cold. And, Juneau residents hit the slopes this week to celebrate the solstice.

    Reports tonight from:

    Eric Stone, Jamie Diep and Alix Soliman in Juneau,
    Desiree Hagen in Kotzebue,
    Tim Ellis in Delta Junction,
    Sofia Stuart-Rasi in Unalaska.

    This episode of Alaska News Nightly is hosted by Wesley Early with audio engineering from Crystal Hyde and producing by Madilyn Rose.

    Continue Reading

  • An Indirect VAT Compliance Gap Estimation Technique

    An Indirect VAT Compliance Gap Estimation Technique

    Summary

    This technical note presents the Reverse Method, a novel indirect approach for estimating the global value-added tax (VAT) compliance gap. The Reverse Method leverages public datasets and a calibrated econometric model to produce scalable, comparable, and indicative VAT gap estimates for over 100 countries and multiple years. It builds on the IMF’s RA-GAP (Revenue Administration Gap Analysis Program) framework, using C-efficiency, tax expenditure data, and national accounts to approximate the compliance gap as a residual. The methodology enables broad cross-country analysis, supports tax gap benchmarking, and provides indicative estimates even where detailed data is scarce. While not a substitute for country-specific RA-GAP assessments, the Reverse Method offers a practical tool for monitoring global VAT compliance trends, informing tax gap analysis, and facilitating international comparisons. Its results highlight differences by income level and region, and the approach is designed for continuous improvement as more data becomes available.

    Subject: Revenue administration, Revenue Administration Gap Analysis Program (RA-GAP), Revenue performance assessment, Tax efficiency, Tax gap, Taxes, Value added tax

    Keywords: Asia and Pacific, Central Asia, Europe, Middle East, Middle East and Central Asia, Revenue Administration Gap Analysis Program (RA-GAP), Tax efficiency, Tax gap, Value-added tax, Western Hemisphere

    Continue Reading

  • Access Denied


    Access Denied

    You don’t have permission to access “http://www.spglobal.com/energy/en/news-research/latest-news/agriculture/122325-indonesia-keeps-2026-biodiesel-quota-flat-raising-doubts-over-b50-target” on this server.

    Reference #18.daa0d517.1766544587.a6944549

    https://errors.edgesuite.net/18.daa0d517.1766544587.a6944549

    Continue Reading

  • UNL report estimates nearly $3.3 billion in annual economic losses from Tyson Foods closure

    UNL report estimates nearly $3.3 billion in annual economic losses from Tyson Foods closure

    An economic impact analysis estimates that Nebraska will face nearly $3.3 billion in annual economic losses due to the closure of the Tyson Foods beef processing plant in Lexington.

    The analysis, released Monday by the University of Nebraska-Lincoln’s Center for Agricultural Profitability, was completed using a statistical model that takes into account both direct impacts, like job losses and tax revenue decreases, and second-order impacts like potential job losses in related sectors and decreased spending within a community.

    It found that the closure will result in about $530 million in lost income – both from the 3,200 Tyson workers who will be laid off when the plant closes in January, and from thousands of jobs in related sectors. Some job losses in other sectors have already been seen: Fortrex, a sanitation contractor for Tyson, announced shortly after Tyson’s announcement that it would lay off 139 workers.

    Both state and local tax revenues are likely to take a big hit, according to the report. State annual losses are estimated at $23.2 million for income tax and $10.1 million in sales tax. Local sales tax revenue in Dawson County is expected to fall by $2.7 million annually.

    While the economic impacts will be felt statewide, the report said, they will be concentrated in Dawson County and surrounding areas.

    To complete the analysis, researchers estimated that about 85% of the cattle slaughtered at the Tyson plant came from Nebraska feedlots. They also estimated that the average employee spent about 35% of their income on goods and services subject to state sales tax.

    The closure comes amid significant economic issues in the cattle industry. In 2025, the U.S. recorded its smallest beef cattle herd in more than 70 years, and meatpackers are losing money as they operate well below capacity. Tyson is the first of the “big four” meatpackers – Cargill, National Foods, JBS and Tyson – to close a major facility during the current supply crunch.

    Continue Reading