7-Eleven rapidly converting Ministop stores to be its outlets in South Korea
Dec 23, 2022 07:05 am UTC| Business Economy
7-Eleven store chain company is hastening the conversion of Ministop stores in South Korea to become its own outlets. The works are ongoing as it wants to fully complete the changeover by the end of 2023. As per The...
World Bank cuts growth forecasts for China due to Covid, property woes; IMF slash to follow
Dec 22, 2022 23:26 pm UTC| Health Economy Business
The World Bank lowered its China growth forecast for the year from 4.3 percent predicted in June to 2.7 percent due to the impact of the pandemic and property sector weaknesses on its economy. The institution also...
Casio adds Adventurer’s Stone watches to G-Shock 40th-anniversary collection
Dec 22, 2022 23:26 pm UTC| Life Economy Business
Casio Computer Co Ltd released six Adventurers Stone models as additions to its G-Shock series to celebrate the 40th anniversary of the G-Shock brand. The watches are inspired by stones that adventurers have used to...
Mars to boost health portfolio with fruit snack brand Trü Frü
Dec 22, 2022 23:25 pm UTC| Life Health Economy Business
Mars will acquire US-based whole-fruit snacking brand Tr Fr to broaden its health and wellness portfolio. Tru Fru will operate as an independent business and continue to be led by CEO, Brian Neville. According to...
Mondelēz sells gum business Canada, US, Europe to Perfetti Van Melle for $1.35 billion
Dec 22, 2022 23:24 pm UTC| Business Economy Life
Mondelēz International has sold its gum business in Canada, the US, and Europe to Perfetti Van Melle for $1.35 billion, or 15 times equivalent to the estimated current year EBITDA. The beverage and snack food company...
NFL invests in sportswear brand Nobull
Dec 22, 2022 22:46 pm UTC| Sports Economy Business Life
The National Football League (NFL) has invested in Nobull, after designating the sportswear brand as the presenting sponsor and apparel supplier for the NFL scouting combine. No figure has been reported. The NFL...
Nongshim’s new instant noodle sales reached 16 million packs in 100 days
Dec 22, 2022 14:19 pm UTC| Business Economy
Nongshim Co. Ltd., a South Korean food and beverage company headquartered in Seoul is also the largest instant noodle manufacturer in the country. The company made a new record recently by selling a total of 16 million...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight