Infinited said the non-disclosed proceeds will go towards building a €220 million flagship factory in Finland, expected to be operational by 2024, “in response to the strong growth in demand from global fashion and textile brands for its regenerated textile fibre Infinna”.The Infinna-related technology turns cellulose-based raw materials, like cotton-rich textile waste, into “a unique, …
Read more
U.S. job openings fell in April from a record in the prior month though remained historically elevated, suggesting little relief for employers struggling to attract and retain workers.
The number of available positions decreased to 11.4 million in the month from an upwardly revised 11.9 million in March, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed…
Read more