Exxon Mobil, India’s Sustainable Growth and the Next Silicon Valley | PL News

A weekly round-up of news stories from around the globe. This week: Exxon Mobil’s climate change investigation, IWC’s new Chinese boutique and Burberry set to unify brands under one label. 

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Will Singapore be the next Silicon Valley?

Up until recently, if you were in the tech start-up industry, the best – and possibly only – places to strategically base yourself were the entrepreneurial centres of Silicon Valley, Tel Aviv and Los Angeles. However, the times have been a-changing in Singapore, with the technopreneurial ecosystem steadily gaining recognition and traction over the past five years.

More oil companies could join Exxon Mobil as focus of climate investigations

The opening of an investigation of Exxon Mobil by the New York attorney general’s office into the company’s record on climate change may well spur legal inquiries into other oil companies, according to legal and climate experts, although successful prosecutions are far from assured.

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World Bank: Climate change could put 100 million more people in poverty by 2030

Without the right policies to keep the poor safe from extreme weather and rising seas, climate change could drive over 100 million more people into poverty by 2030, the World Bank said on Sunday.

Job creation and infrastructure key to India’s sustainable growth

India’s roads ministry aims to build 30 kilometres of roads each day by March 2016, creating 5 million jobs and adding two percentage points to the GDP.

National climate targets signal ‘unprecedented momentum’ for climate agreement in Paris – UN report

Implementation of the national climate plans prepared by countries ahead of the Paris climate meeting will limit greenhouse gas (GHG) emissions by 2030, but a new climate agreement can encourage further action that will be necessary to limit global temperature rise to 2 degree Celsius by 2100, according to a new United Nations Environment Programme (UNEP) report.

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Does digital finally have a seat at the table?

Fashion and luxury goods companies are hiring chief digital officers in a bid to integrate digital thinking into core business strategy.

IWC Schaffhausen opens new boutique in Macau, China

IWC Schaffhausen’s new Studio City boutique offers customers a lavish brand experience spread across over 70 square metres. 

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Subconscious, environmental factors have radical impact on buying behaviour

A number of factors not often thought about can have profound effects on consumer behaviour.

Burberry to unify brands under one label

Burberry will phase out the Prorsum, London and Brit labels by the end of 2016, chief executive officer Christopher Bailey told reporters Tuesday.

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Josie Tutty

Digital Content and Social Media Manager, Positive Luxury