Daily Archive: November 26, 2020

The Supreme Court will decide: Can Big Chocolate be blamed for child slavery?

The rocky and tense transition of presidential power isn’t the only Washington drama with global implications these days. On Tuesday, another years-in-the-making conflict will play out at the Supreme Court, when the nine justices finally consider whether Nestlé and Cargill are responsible for the use of child slavery on cocoa farms in West Africa.

The case could potentially deliver a huge blow to the companies’ public images, in the face of mounting concerns over how chocolate is produced.

No one disputes how bad conditions are on those farms, and the Supreme Court briefs filed by the cocoa workers’ lawyers make for chilling reading—a tale about horrific abuse of children, for the benefit of global commerce. But the question before the Supreme Court is: Are chocolate companies to blame for that?

The case against Nestlé—the world’s biggest food producer—and Cargill, one of the biggest privately traded U.S. companies by revenue, has … Read More

Maserati to electrify entire line-up in next five years

2/2
© Reuters. FILE PHOTO: Maserati unveils its new MC20 super sports car

2/2

MILAN (Reuters) – All vehicles of Fiat Chrysler’s premium brand Maserati will be electrified, either hybrid or full-electric, in the next five years, the unit’s chief executive said on Thursday.

Maserati’s new SUV Grecale, to be released next year, will be initially offered both in a combustion-engine and in a hybrid version, Davide Grasso said during a fashion web event organised by Italian daily Milano Finanza.

“The new Gran Turismo and Gran Cabrio models will be electrified too, all our line-up will be electrified in the next five years,” Grasso said.

A full-electric version of the Grecale SUV is expected at a later stage, Maserati has said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices
Read More