
Mondelēz buys Grupo Bimbo’s candy biz Ricolino
May 04, 2022 23:34 pm UTC| Business Economy
Mondelēz International has acquired Grupo Bimbos Ricolino confectionery business for about $1.3 billion to double the size of its Mexican business and further boost its international portfolio. The purchase involves...

Chivas invests £88m in Scotch distilleries
May 04, 2022 23:29 pm UTC| Business Economy Life
Chivas Brothers, Pernod Ricards Scotch whisky unit, is investing 88 million to expand its distilleries in Aberlour and Miltonduff, Scotland. The developments will increase the brands total annual alcohol output by 14...

Popeyes offering chicken sandwich with a buffalo twist
May 04, 2022 23:25 pm UTC| Business Economy Life
Popeyes launched an innovative version of its iconic Chicken Sandwich in its new Popeyes Buffalo Ranch Chicken Sandwich. The all-new sauce, which combines a creamy herb buttermilk ranch with a spicy and buttery buffalo...

Amazon to cover travel costs for US workers who need abortions
May 03, 2022 23:52 pm UTC| Health Law Economy Business
Amazon is expanding medical coverage for its US workers to include travel costs for abortions, as conservative-led laws look to block access in many states. The retail behemoth joins a growing list of firms that have...

Audi, Porsche to participate in F1 by 2026
May 03, 2022 23:48 pm UTC| Sports Economy Business
Audi and Porsche are set to enter Formula One from the 2026 season to coincide with the introduction of the series new engine regulations in four years time, the CEO of their parent company Volkswagen Herbert Dies has...

Abbott releases products from plant being investigated for infant illness cases
May 03, 2022 23:44 pm UTC| Health Economy Business
An Abbott Laboratories processing plant in Sturgis, Mich being investigated for cases of infant illness is being allowed to release some product that was processed before it was shut down. Certain goods designed for...

Asiana Airlines sues Gategroup for fraud
May 03, 2022 23:40 pm UTC| Law Economy Business
Asiana Airlines has filed a criminal complaint against Gategroup for allegedly colluding with former Kumho Asiana Group Chairman Park Sam-koo in bringing down to 133.3 billion won in 2016 the price it paid for the...