2022 Witnesses Chinese Black Friday Fever to Cool down, Leading Beauty Brands to Go Global, Like Flower Knows

HANGZHOU, China–(BUSINESS WIRE)–The Double 12 Day (December 12th), is widely seen as the Chinese Black Friday and is supposed to be a big marketing day for most FMCG industries, especially Chinese beauty brands. However, after seeing this year‘s Double 12 performance, these beauty brands also encountered setbacks online and offline, partly due to the Covid lockdown impact. This has accelerated the process of Chinese beauty brands buckling down on global market expansion. According to the 2022

Caroline Ellison and FTX Co-Founder Gary Wang Plead Guilty to Fraud

Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, are cooperating in the federal criminal case against Mr. Bankman-Fried.

LanzaTech’s Waste Gas-to-SAF Facility receives £25M Grant from UK Department for Transport Advanced Fuels Fund

LONDON–(BUSINESS WIRE)–Plans for the world’s first commercial-scale factory to transform waste gases into sustainable jet fuel have moved a step closer today. LanzaTech UK Ltd., a subsidiary of LanzaTech NZ, Inc. (“LanzaTech”), an innovative Carbon Capture and Transformation (“CCT”) company, has announced that its DRAGON facility project has received a £25M (~$31M) grant from the UK Department for Transport’s Advanced Fuels Fund Competition. LanzaTech’s Project DRAGON, which stands for Decarb