Tag: zero

  • Red Bull Zero range lands in Australia

    Red Bull Zero range lands in Australia

    Red Bull is broadening its horizons in Australia by launching Red Bull Zero, a new sugar-free energy drink that offers the same familiar taste we all know and love, but with a healthier twist. The beverage is sweetened with monk fruit extract, a natural sweetener often seen as a healthier alternative to sugar.

    New Packaging, Same Great Taste

    This new offering from Red Bull is packaged in matte, light-blue 250ml cans and can be found at Coles, Woolworths and 7-Eleven. The new can design is sleek, clean and features an appealing colour. These cans are sure to stand out on the shelves and catch the eye of consumers looking for an afternoon pick-me-up.

    Jarvis Earle, a world junior champion in the World Surf League and a Red Bull athlete, expressed his enthusiasm for the new drink. He shared his plans to reach for a can in the afternoon when he’s trying to cut down on calories but still needs an energy boost.

    Unique Flavour Profile

    Red Bull has stated that consumers can anticipate a unique and refreshing taste from Red Bull Zero. A refreshing sourness is balanced with hints of tutti fruitti, while undertones of pineapple and vanilla add an extra layer of complexity to the flavour. This combination of sweet and tart flavours offers an exciting and vibrant balance that will surely keep consumers coming back for more.

    New Challenge to Motivate Australians

    In addition to the launch of Red Bull Zero, the brand is also rolling out the Red Bull Zero Excuses Challenge. This is a free 30-day fitness initiative designed to empower Australians to chase their personal health objectives. This challenge is just another example of how Red Bull constantly strives to inspire and motivate its consumers, both with its products and its initiatives.

    Questions & Answers

    What is Red Bull Zero?
    Red Bull Zero is a new sugar-free energy drink sweetened with monk fruit extract. It offers the same familiar taste of the original Red Bull Energy Drink without the sugar.

    What does Red Bull Zero taste like?
    Red Bull Zero offers a unique flavour profile. There is a refreshing sourness balanced with hints of tutti fruitti, and undertones of pineapple and vanilla, offering a vibrant sweet-and-tart balance.

    What is the Red Bull Zero Excuses Challenge?
    The Red Bull Zero Excuses Challenge is a free, 30-day fitness initiative designed by Red Bull. It aims to motivate Australians to pursue their personal health goals.

  • DBS Targets Zero Thermal Coal Exposure

    DBS Targets Zero Thermal Coal Exposure

    As part of its efforts to support the transition to a low-carbon future, the bank has set a target of 2039 to cut its thermal coal exposure to zero.

    DBS, Southeast Asia’s largest bank, has announced plans to reach its goal of zero thermal coal exposure by 2039, and will focus instead on the development of renewables, according to a statement on Friday.

    The bank will stop onboarding new customers that derive more than 25 percent of their revenue from thermal coal with immediate effect, and stop financing customers that derive more than half their revenue from thermal coal from January 2026. These thresholds will also be lowered over time, DBS said.

    DBS will use its sustainable and transition finance framework to help sectors reliant on thermal coal to transition.

    Every year counts in the journey towards a low-carbon future and we recognize the increasing need for transition financing to help industries gradually navigate away from brown to green, Tan Su Shan, DBS group head of institutional banking, said.

    Tan said the bank hopes to help energy players in the region scale the reach and supply of renewable energy in the near future.

    In 2020, DBS grew its exposure to renewable energy projects to S$4.2 billion ($3.15 billion), up from S$2.85 billion the year before.

  • India’s Quikr Acquires Zefo marketplace

    India’s Quikr Acquires Zefo marketplace

    Indian online classifieds site Quikr has bought refurbished goods marketplace Zefo, headquartered in Bangalore.

    The acquisition allows an exit strategy for Zefo’s current investors, including Sequoia Capital, and gives Quikr a pathway to expand and strengthen its pre-owned product range.

    Zefo, has a portfolio of more than 10,000 products in four cities, including Bengaluru, Mysore, Delhi NCR and Mumbai.

    “With Quikr and Zefo as a combined entity, we will be able to offer a broader selection of products at even more competitive prices along with as strong a focus on quality,” said Quikr founder and CEO Pranay Chulet.

    “With this transaction, the capabilities we have built and the offerings we have honed can now be offered to Quikr’s large customer base,” said Zefo CEO Rohit Ramasubramanian.

  • Abysmal start Zero Pay pilot in South Korean

    Abysmal start Zero Pay pilot in South Korean

    The Seoul city government’s smartphone-based payment-program pilot posted an abysmal track record in its first full month of service, data showed Wednesday.

    In a bid to help relieve small merchants of burdensome credit card fees, the municipality began the trial run of the “Zero Pay” service in late December, enabling users to pay for purchases card-free and receive tax benefits.

    About 8600 purchases totalling 199 million won (US$177,000) were settled via the Zero Pay system in January, according to the data provided to Rep. Kim Jong-seok of the main opposition Liberty Korea Party by the Financial Supervisory Service.

    The number of settlements came to a mere 0.0006 per cent of the 1.56 billion purchases made using credit, debit and prepaid cards, with the value reaching only 0.0003 per cent of the total 58.1 trillion won.

    As of the end of January, slightly over 46,600 small shops and businesses were taking part in the pilot payment service.

    Watchers attributed Zero Pay’s poor record to the small number of participating merchants and customers’ unwillingness to change their payment habits.

    Eleven commercial banks, including all major lenders, joined the test service, which the Seoul city government plans to formally launch after this month.

    Nine more banks are slated to take part in the Zero Pay system, and the municipality will recruit convenience stores and other franchise stores to join.

    Under the system, money is transferred from a consumer account to that of a merchant when the consumer scans the merchant’s QR code with a smartphone using the existing apps of commercial banks or online payment platforms.

    Following its formal launch, the central government plans to gradually expand the service to other parts of the country by offering tax breaks and eliminating related regulations.

  • Tesla calls out to build a million all-electric cars a year by 2020

    Tesla calls out to build a million all-electric cars a year by 2020

    Technology entrepreneur Elon Musk gave a public shout-out to the sharpest minds in manufacturing this week, calling on them to come help Tesla Motors Inc build a million all-electric cars a year by 2020.

    Musk says he is “hell-bent” on making the Silicon Valley automotive upstart a manufacturing powerhouse, but his vision relies on finding veteran auto engineers to ramp up volume ten-fold in four years – a challenge even for established carmakers.

    Tesla on Wednesday said it would build 500,000 cars in 2018, two years ahead of schedule, and close to 1 million by 2020. The same day Tesla said its vice presidents in charge of production and manufacturing were leaving.

    “You’re looking at a company with significant levels of management turnover at the highest ends, people without experience in the planning, design or build of vehicles, and you expect to crank it up at those kinds of volumes?” asked Michigan-based auto manufacturing consultant Michael Tracy.

    Putting aside the issue of capital requirements, auto experts point to a shortage of manufacturing engineers, whose ranks were thinning out even before the U.S. auto crisis hit in 2008.

    “It’s a constant issue we have in this country,” said Garth Motschenbacher, director of employer relations at Michigan State University’s College of Engineering.

    “For the longest time manufacturing was seen as the dirty end of engineering,” he said.

    At the same time, Alphabet’s Google and Apple are working on car programs and courting the same potential employees. So are established auto names like Ford Motor Co, General Motors Co and Toyota Motor Corp .

    A 2015 Deloitte report found it takes three months to hire skilled engineers, and the shortage is crimping manufacturers.

    Robust early reservations for the upcoming Model 3 mass-market car may have assured Musk of demand, but now comes the execution, said automotive recruiter Stephen Parkford.

    “It’s like reservations for a restaurant that’s not open yet. You got the menu, but you don’t have a chef!” he said.

    Hiring a highly proven production engineer from a traditional carmaker who arrived with his entire team could speed the process, Parkford said.

    But while young engineers will jump at the chance to work for Tesla, the “by-the-numbers, disciplined manufacturing guys” with 15-20 years experience will be harder to nab, said Cuneyt Oge, president of the Society of Automotive Engineers. One key obstacle is the high price of living in Silicon Valley.

    Musk needs a visionary auto industry veteran, Oge said. “But anyone with that kind of experience is going to say, ‘Hey, Elon, you can’t do this in two years.’”

    Tesla is known for pushing the envelope on design and technology but has stumbled in manufacturing, with prior launches marked by delays and quality issues.

    Traditional automakers have more human and financial resources than cash-burning Tesla: Tracy pointed to Nissan Motor Co Ltd’s ability in 2004 to bring in 200 engineers from Japan to help fix quality issues at its recently opened assembly plant in Canton, Mississippi.

    “Greybeards” are crucial to build and run factory systems, said Oge. “You can’t just defy the laws of business physics which require you to go down a learning curve collectively to build that systems know-how,” he said.

    While Tesla employees may cite Musk’s tirelessness and attention to detail, even bedding down inside his Fremont, California factory, others like consultant Tracy see a worrying sign.

    “If Elon is sleeping in a sleeping bag in a conference room off of the final assembly line, then there’s an awful lot happening in that factory that’s wrong,” Tracy said.