Industry

Food home delivery companies need up to 8,000 daily services to be profitable in a city Researchers have analysed the profitability and business model of food home delivery platforms such as Just Eat, Glovo and Deliveroo in Barcelona The sustainability of this business model is based on attracting users and on complementary services offered to other companies   Various platforms which offer food home delivery services through courier services, such as riders or other types of distributors, have proliferated very quickly in recent years, especially in big cities. Due to this boom in last-mile delivery or logistics, UOC experts have studied the operation of the main...

Coastal staycations commanding a -30% price premium vs city stays The latest research by Butter, the UK’s only Buy Now Pay Later (BNPL) travel agency, has revealed the varying cost of a UK staycation this summer depending on whether you opt for city, coast or country.   With yet more changes to travelling abroad causing further chaos and uncertainty last week, Butter looked at the average hotel room rate in August and how it differed across 10 of the best coastal, country and city locations in the UK.   The Coast - £117 per night The research shows that a...

Dozens of businesses are teaming up with Ocean Wise to help end overfishing Starting this World Oceans Day, businesses and individuals are taking action with Ocean Wise to help end overfishing June, 2021 – Overfishing is one of the greatest threats to the health of our oceans, contributing to biodiversity loss, habitat destruction, bycatch of marine species, human rights abuses, and more. It's a global issue that can feel both daunting to overcome and demoralizing to consider. But today, individuals and businesses finally have a reason to be optimistic. Throughout June and July, Ocean Wise’s seafood program is running its Waves of Change campaign to...

Malaysia's AirAsia X gets shareholder go-ahead for restructuring plan   An AirAsia X Airbus A340 passenger jet arrives on its inaugural flight from Kuala Lumpur to Paris Orly Airport in this February 14, 2011. REUTERS/Charles Platiau AirAsia X Bhd (AIRX.KL) shareholders have approved the Malaysian budget airline's debt restructuring, it said on Tuesday, allowing it to pursue a scheme it viewed as key to survival. Shareholders of the long-haul affiliate of AirAsia Group Bhd (AIRA.KL) approved all resolutions at an extraordinary general meeting, including a rights issue and a share subscription for new investors to raise 500 million ringgit. AirAsia...

Green Steel: The Next Big Thing In Sustainable Manufacturing (Credit: ESG Today) Mercedes-Benz has announced a new commitment to launch green steel in vehicle models by 2025, marking a significant step in the company’s efforts to decarbonize its supply chain. While many automakers have announced electric vehicle goals to address climate change, the industry still faces emissions issues from its supply chain. Steelmaking accounts for 7% to 9% of direct emissions from fossil fuels. According to Mercedes-Benz, a sedan is made from about 50% steel, which accounts for about 30% of carbon emissions in production. As manufacturers around the world...