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Sprite ditches green to go green

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Sprite has come in iconic green bottles for over 60 years but that will change from next week

In a matter of days, Sprite’s iconic bottles will be packaged with clear colouring.

The changes will only impact North American customers, in a bid to help the company recycle more efficiently.

It’s understood Sprite wants to increase the supply of recycled plastic, which can then be used to make future bottles.

“Sprite is transitioning from green to clear plastic to increase the material’s likelihood of being remade into new beverage bottles.”

THE COCA-COLA COMPANY

The company says the transition to 100 per cent recycled plastic is projected to save more than “20 million pounds of new plastic”.

It is also expected to cut more than 25,000 metric tons of greenhouse gas emissions in 2023.

“Taking colours out of bottles improves the quality of the recycled material,” said Julian Ochoa, who is the Chief Executive of R3CYCLE, which is working with Sprite to make the changes.

“This transition will help increase availability of food-grade rPET. When recycled, clear PET Sprite bottles can be remade into bottles, helping drive a circular economy for plastic,” he says.

The iconic green bottles were often recycled into materials like clothes, which are sometimes harder to recycle.

Coloured bottles are usually recycled separately from clear ones.

Money

US dollar strength hits NZ dollar amid FX market shifts

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.

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US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.


The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.

Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.

We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.

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Oil hits seven-month high, and gold surpasses $5,000 amid US-Iran tensions

Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.

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Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.


Oil prices have surged to a seven-month high as escalating tensions between the U.S. and Iran spark fears of global supply disruptions. The Strait of Hormuz remains a flashpoint, with analysts closely monitoring potential military actions that could further strain energy markets.

Investors are reacting to geopolitical uncertainty, with oil markets pricing in heightened risk.

Kyle Rodda from Capital.com joins us to discuss what is driving these record-breaking price movements and the potential implications for the global economy.

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Australia jobs, market trends, and tariff ruling: What investors need to know

Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.

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Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.


Australia’s latest jobs report is shaping market expectations and interest rate forecasts. Strong employment growth could boost confidence in the economy, while weaker data might prompt a rethink of monetary policy.

Investors are favouring cyclical assets over growth stocks, targeting sectors like industrials, materials, and energy. David Scutt from StoneX notes this reflects both caution amid market volatility and a bet on areas tied to economic cycles.

Meanwhile, the upcoming Supreme Court ruling on Trump’s reciprocal tariffs could significantly impact markets, yet many are overlooking its potential effects on trade, commodity prices, and sector valuations. Investors should prepare for possible volatility and adjust strategies accordingly.

#AustraliaJobs #InterestRates #CyclicalAssets #GrowthStocks #MarketInsights #TrumpTariffs #InvestorTrends #TickerNews


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