Bank of America to issue pay hike with $25 as minimum wage by 2025
May 19, 2021 06:20 am UTC| Business Economy
Bank of America revealed on Tuesday, May 18, that it will be raising the minimum hourly wage of its employees in the U.S. to $25. The bank is looking to implement this by 2025. Why BOA decided to issue a pay hike As...
Hyundai's Creta is top-selling SUV in India, Russia
May 19, 2021 04:03 am UTC| Economy Business
Hyundai Motor Co. sold 49,815 units of Creta in India between January and April, up by 248 percent from the same period in 2020, to become the countrys top-selling SUV. Creta was the seventh-highest seller among all...
Coca-Cola turns to alcoholic beverage, sports drink to stay on top
May 19, 2021 03:20 am UTC| Economy Business
With US soda consumption on the decline, Coca-Cola has been forced to move into alcoholic beverages, sports performance drinks, and coffee. Cokes launch of Topo Chico Hard Seltzer marked its first move into alcoholic...
Spurious therapies shared via social media cause prices of lemon, other commodities to soar in India
May 19, 2021 02:51 am UTC| Economy Business
The prices of some commodities such as lemon, mustard oil, and Indian gooseberry at least doubled over a month in Delhi due to misinformation via social media platforms such as Facebook and WhatsApp. A popular social...
HiteJinro renews advertising deal with LA Dodgers for 3 years
May 19, 2021 00:37 am UTC| Economy Business
South Korean distiller HiteJinro has extended an advertising partnership with Major League Baseball team LA Dodgers for another three years. The deal gives the liquor producer a commercial right to use the teams logo,...
Carl’s Jr., Hardee’s retool for 'Chicken Wars'
May 18, 2021 23:58 pm UTC| Business Economy
Carls Jr. and Hardees introduced their new Hand-Breaded Chicken Sandwich platform as it takes on all comers in the chicken wars by reimagining their popular chicken tenders, which launched over a decade ago. The new...
Godiva to refocus on selling in groceries where sales are brisker than in own shops
May 18, 2021 21:29 pm UTC| Business Economy
Belgian chocolate group Godiva will refocus on selling chocolates in grocery stores and other retailers, where sales are high from homebound consumers rather than an expansion of its shops. The pivot comes as consumers...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects