Kavalan Distillery has launched its first whisky, LÁN, in tribute to its roots in Yilan County, Taiwan, aiming to delight whisky lovers globally. Kavalan Distillery, renowned for its innovative approaches to whisky production, has introduced LÁN, a new expression of whisky inspired by the distillery’s birthplace, Yilan County. The product, named after the Mandarin word for “orchid,” is now available for export and has already made a splash at notable whisky events in Asia, including Whisky Live in Hong Kong and the Korea Bar and Spirits Show. Following its successful debut in Asia, LÁN will soon be showcased in Europe…
Author: Kaitlyn Brown
INEOS Quattro Finance 2 Plc, a UK-based finance company, has announced an offer to purchase all of its outstanding U.S.$146.18 million 3.375% Senior Secured Notes due 2026. The offer aims to proactively manage the company’s maturity profile while providing holders the opportunity to liquidate their investments. In a statement released today, the Offeror detailed its intent to buy back the securities issued by the company and guaranteed by INEOS Quattro Holdings Limited and certain subsidiaries. The terms of the offer are outlined in an offer to purchase document dated September 23, 2024. Investors are urged to read the document for…
A new consumer survey from shipping platform ShipStation highlights the rapid growth of the UK’s recommerce market, with Millennials and Gen Z leading the shift towards second-hand shopping. As the cost-of-living crisis continues, over a third of British consumers now opt for pre-owned or refurbished items on a monthly basis. This shift, driven by the desire for lower costs and higher quality at affordable prices, reflects a fundamental change in how the nation shops. ShipStation’s survey delves into the growing importance of the recommerce sector, currently valued at £7 billion according to Barclay’s Bank. The findings suggest that this market…
A watch brand based in Springfield, Illinois, is gaining international attention for its unique blend of craftsmanship and American history. Sangamon Watch Company, founded in 2019 by entrepreneurs Brian and Tyler, has become known for creating timepieces that not only tell time but also tell the stories of America’s past. The name “Sangamon” carries a significant historical reference, chosen to honour the Sangamon River—a vital part of Abraham Lincoln’s early life. This river played a central role in Lincoln’s journey to New Orleans in 1831, a voyage that marked the beginning of his path to greatness. The name, meaning “land…
Taylor Swift’s recent relationship with NFL star Travis Kelce has sparked widespread speculation, with many questioning whether the high-profile pairing is a genuine romance or a carefully orchestrated public relations stunt. While the initial reaction to their relationship was largely positive, recent sightings and details have led to increasing doubt, with some observers suggesting that their bond is more about image management than romance. The pair’s appearance at the US Open raised eyebrows, not just because of their celebrity status, but due to their coordinated outfits. Kelce was seen sporting a head-to-toe Gucci ensemble, while Swift, though more understated, was…
Zamna Festival, the globally celebrated electronic music event originally rooted in Tulum, Mexico, is set to make its highly anticipated debut in Toronto this November. The festival will take place on 8th and 9th November 2024 at The International Centre, with a star-studded line-up featuring world-renowned artists including Adriatique, Bob Moses, Luciano, and MRAK. The arrival of Zamna promises to be a transformative experience, offering an immersive atmosphere that will reshape Toronto’s music scene. From Tulum to Toronto Launched in Tulum, Zamna Festival has rapidly become a global cultural phenomenon, known for its unique fusion of electronic music, breathtaking visual…
A new study has revealed a significant drop in cash property purchases across parts of the UK, with Harlow in Essex experiencing the sharpest decline. Between 2013 and 2023, the percentage of homes bought outright in the town plummeted by 44.9%, according to research by mortgage broker SPF.co.uk. The study, which analysed data from HM Land Registry, found that in 2013, 26.3% of all properties in Harlow were purchased with cash. By 2023, that figure had fallen to just 14.5%, with the average property in the area now costing £309,000, according to the Office for National Statistics (ONS). Barking and…
British travellers often struggle to enjoy a cup of tea abroad, with three-quarters (76%) of holidaymakers claiming it never quite tastes the same once they leave the UK. Research from MSC Cruises has revealed that 51% of Brits resort to packing their own tea bags when travelling, and 37% even take their own kettle, mug, or sugar bowl to ensure the perfect brew. In response to the findings, MSC Cruises has launched the MSC Tea Library aboard its popular cruise ship, MSC Virtuosa, catering specifically to British tea drinkers. The innovative new offering provides travellers with nearly 100 different types…
Tesla’s (TSLA) stock performance has been under scrutiny this year, with the company’s shares falling by 12% in 2024. After peaking in July, Tesla’s stock has dropped 20%, partly driven by a year-over-year decline in second-quarter earnings. As the much-anticipated October robotaxi reveal event approaches, investors are weighing their options. In its Q2 earnings report, Tesla disclosed a 43% drop in earnings per share to $0.52, despite a 2% increase in revenue to $25.5 billion compared to the same period last year. Analysts had expected higher earnings of $0.61 per share and lower revenue of $24.54 billion, according to FactSet.…
Volvo initially planned to sell only fully electric cars and plug-in hybrids by 2030. However, it now seems that target was overly ambitious. The Swedish-Chinese automaker Volvo announced on September 4, 2024, that it will continue to sell internal combustion engine vehicles even after 2030. While the company still aims for 90 to 100 percent of its sales to come from fully electric cars or plug-in hybrids by the end of the decade, the remaining zero to ten percent will be covered by mild-hybrid models, if necessary. Volvo cited several reasons for this adjustment, including the slower-than-expected expansion of charging…