
China slaps Australian wine with anti-dumping duties
Mar 27, 2021 00:55 am UTC| Business
China will impose anti-dumping duties measures ranging from 116.2 percent to 218.4 percent on some Australian wine imports from March 28 for five years. According to Chinas commerce ministry, an investigation found...

Pepsi announces newest Peeps' marshmallow flavor soda
Mar 26, 2021 10:36 am UTC| Business
Pepsi just unveiled the new flavor it created with Peeps. This is surely exciting news for marshmallow fans that also enjoy colas. Pepsi is distributing the Peeps flavored soda cans soon, ahead of Easter time. The...

Flynn Group acquires Pizza Hut and Wendy’s
Mar 26, 2021 09:59 am UTC| Business
Pizza Hut and Wendys has a new owner, and it was revealed to be Flynn Restaurant Group. The franchise empire recently completed the acquisition of the said famous restaurant brands that effectively expanded its...

Ford phasing out its Mondeo cars in Europe
Mar 26, 2021 09:43 am UTC| Business
Ford Motor revealed this week that it is planning to phase out the production of its Mondeo car units in Europe. The automaker will stop making this model in early 2022. As per Reuters, Ford made the decision to be able...

Stellantis considering the closure of production line in its Melfi plant in Italy
Mar 26, 2021 08:15 am UTC| Business
Stellantis is reportedly mulling on shutting down one of its production facilities in its Melfi plant located in Italy. This information was revealed by the head of FIM CISL, an Italian Federation of Metal Mechanics trade...

H&M, Nike, Adidas boycotted in China over Xinjiang labor
Mar 26, 2021 07:57 am UTC| Business
HM, Nike and Adidas are facing huge backlash in China and the public is now cutting them off. The Chineses rejection of the popular brands was the result after they have issued statements on where they stand against the...

Shinhan, Hana: South Korean premiere banks allegedly funding Myanmar military businesses
Mar 26, 2021 06:16 am UTC| Business
Shinhan Bank is the first bank in the history of South Korea, while Hana Bank is the fifth largest financial institution that is also the countrys largest foreign exchange bank. Apparently, both are reputable and important...