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Commentary: More cosmetics giants such as Proya and Shiseido entering China's biotech industry as venture capitalists, shaping application of biotech in medical aesthetics industry; hope is to create hyaluronic acid-like bestselling product in next decade

Nordstrom stock adds US$1B in value after reports say billionaire activist investor Ryan Cohen has significant stake in company; Cohen may look to oust board member Mark Tritton, who stepped down as CEO of Bed Bath & Beyond after Cohen pushed for changes

Hair-care brand Straand secures US$2M in pre-seed funding from Unilever Ventures; the Australian brand specializes dandruff and other scalp concerns

DS Smith highlights its efforts to solve coffee cup recycling in UK; company is a Paper Cup Recovery and Recycling Group member, has tested and confirmed recycling capacity of its Kemsley Paper Mill, which will support the Cup Fund by Hubbub, Starbucks

Boston-based MIT and Harvard startup Gaia AI secures US$3M pre-seed funding to automate collection of forestry data, verify carbon credits, build a data platform that empowers foresters to make best financial and ecological decisions for their forests

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