Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Texas Man Charged After Fatal Tesla Full Self-Driving Crash in Katy 
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
Packaging firm Amcor has developed Australia’s prototype plastic food wrapper aimed at reducing plastic waste in the environment in partnership with several companies.
The wrapper is first to be used in Nestle's KitKat chocolate-covered wafer bar.
Nestlé, CurbCycle, iQ Renew, Licella, Viva Energy Australia, LyondellBasell, REDcycle, and Taghleef Industries all bought a wealth of experience to the project to produce Australia’s first soft plastic food wrapper made with recycled content.
The companies shared their knowledge on collecting and processing soft plastic waste, turning it back into oil using advanced recycling technology, and creating the prototype wrapper.
According to Simon Roy, VP and general manager of Amcor Flexibles Australia and New Zealand, their commitment to ensuring all their packaging are designed to be recyclable or reusable by 2025.
He noted that the wrapper has a responsible end of life where it can be reprocessed and reused in food-grade packaging.
Sandra Martinez, CEO of Nestlé Australia, said manufacturers have a key role in creating market conditions that ensure all stakeholders view soft plastics as a resource and not waste.
