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Unilever may exit food business to expand in health, beauty, and hygiene

Jan 20, 2022 19:08 pm UTC| Economy Business

Unilever is looking to sell or de-emphasize its food beverage units as it eyes the consumer healthcare division of GlaxoSmithKline, whose products include Advil pain reliever and Aquafresh and Sensodyne toothpaste. The...

LG Electronics planning to build regional HQ in Riyadh

Jan 20, 2022 10:00 am UTC| Business Economy

LG Electronics is said to be mulling on setting up its regional headquarters in Saudi Arabias capital city, Riyadh. This means that the company may relocate and build its Middle East HQ in the said location. According...

Coca-Cola debuts new Coffee Mocha drink flavor

Jan 20, 2022 09:51 am UTC| Business Economy

Coca-Cola announced the release of a new drink, and it was added to its line of coffee and coke blends. The Atlanta, Georgia-headquartered beverage company unveiled the Coffee Mocha on Wednesday, Jan. 19. This is...

McDonald’s brings back Blueberry & Crème Pie

Jan 20, 2022 09:26 am UTC| Business Economy

McDonalds just brought back one of the favorite desserts, and it is now back in its stores. The fast-food chain is excited to reveal the return of its Blueberry Crème Pie. As its name suggests, this McDonalds...

PepsiCo, Beyond Meat’s first plant-based venture is reportedly a vegan jerky snack

Jan 20, 2022 08:32 am UTC| Business Economy

PepsiCo and Beyond Meat have previously signed a joint venture to create plant-based food items. Now it was said that the companies have already come up with their first product and it is a snack that will be launched...

Popeyes officially lands in India with its first store opening in Bengaluru

Jan 20, 2022 07:56 am UTC| Business Economy

Popeyes has finally arrived in India, and the very first restaurant outlet is located in Koramangala in the south-eastern part of Bangalore or Bengaluru. Another store was launched as soon as the first was opened and this...

NFT: Coinbase, Mastercard team up for NFT marketplace purchases

Jan 20, 2022 07:30 am UTC| Business Digital Currency

Coinbase and Mastercard have signed a deal for purchases on the formers NFT marketplace. The aim of the partnership is to allow people who are not into crypto to buy NFTs without the need to use a crypto...

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Economy

BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead

The Bank of Japan (BOJ) is widely expected to keep its benchmark interest rate unchanged at 1% when its two-day policy meeting concludes on Friday. However, investors will closely watch Governor Kazuo Uedas comments and...

Gold Prices Rise as Weak Dollar, Fed Rate Decision in Focus

Gold prices climbed in Asian trading on Monday as a weaker U.S. dollar boosted demand for the precious metal, while investors assessed easing geopolitical tensions in the Middle East and looked ahead to the Federal...

Asian Stocks Rise as Oil Falls, Fed and Big Tech Earnings Take Center Stage

Most Asian stock markets traded higher on Monday as easing tensions in the Middle East and a sharp decline in oil prices lifted investor sentiment ahead of a crucial week for global financial markets. Investors are closely...

Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates

Singapores central bank surprised markets on Monday by tightening its monetary policy, citing expectations that inflation will strengthen in the coming months. Unlike most central banks that adjust benchmark interest...

Oil Prices Plunge as U.S.-Iran Pause Eases Middle East Supply Fears

Oil prices fell sharply on Monday after the United States and Iran paused military strikes over the weekend, prompting traders to unwind the geopolitical risk premium that had pushed crude to multi-month highs. As of 20:19...

Politics

El Salvador Opposition Names Candidates to Challenge President Nayib Bukele in 2027 Election

El Salvadors two main opposition parties have officially selected their candidates to challenge President Nayib Bukele in the countrys next presidential election, scheduled for February 2027, as the incumbent prepares to...

Myanmar Military Intensifies Civilian Attacks as Regional Diplomacy Expands

Myanmars military has significantly increased attacks on civilians since a new administration assumed power, according to a report released Monday by the Armed Conflict Location Event Data Project (ACLED). The findings...

Russia Launches Ballistic Missiles, Drones Across Ukraine as Civilian Death Toll Rises

Russia launched a fresh wave of ballistic missiles and drones across Ukraine early Sunday, striking Kyiv and several other regions in attacks that killed at least six people and injured dozens, according to Ukrainian...

Brazil Recalls Ambassador From Argentina After Milei's Remarks on Lula

Brazil has recalled its ambassador to Argentina following comments by Argentine President Javier Milei criticizing Brazilian President Luiz Inacio Lula da Silva, the Brazilian government, and the countrys judiciary,...

Trump Pauses Iran Strikes as Tehran Signals Conditional Halt to Attacks

Iran has signaled it will suspend its military attacks as long as the United States refrains from launching new strikes, raising cautious hopes for a temporary easing of tensions in the Middle East. A senior Iranian...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum

Shares of South Korean internet and cloud services company Naver surged more than 10% on Monday after the company announced that Nvidia will invest $1 billion by purchasing newly issued shares to support a major artificial...

CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight

Chinas ChangXin Memory Technologies (CXMT) is set to begin trading on the Shanghai Stock Exchange on Monday following the largest initial public offering (IPO) in Asia this year, with investors closely watching the...

Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project

Nvidia (NASDAQ: NVDA) is reportedly in discussions to provide a financial guarantee worth approximately $250 billion for OpenAI as part of an ambitious artificial intelligence data center project in Ohio, according to a...

SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth

Elon Musk has seen one of the steepest declines in paper wealth ever recorded as shares of SpaceX (NASDAQ: SPCX) continue to slide following the companys blockbuster public debut. After raising $75 billion in its June 12,...

Trump Orders Section 301 Probe Into EU Tech Fines, Signals New Tariffs

President Donald Trump announced Friday that the United States will launch a Section 301 investigation into the European Unions penalties against American technology companies, escalating trade tensions after Google was...