PepsiCo’s Quaker launches low fat, sugar, and salt porridge range
Aug 09, 2022 15:33 pm UTC| Life Economy Business Health
PepsiCos Quaker Oats will launch a non-High in Fat, Sugar, and Salt (HFSS) porridge pot line-up, called Heavenly Oats in chocolate orange and caramel fudge flavors. According to Heather Doyle, senior brand manager at...
Monster to launch flavored alcoholic malt beverage
Aug 09, 2022 11:13 am UTC| Life Economy Business
Monster Beverage Corporation will launch its first flavored alcoholic malt beverage product dubbed The Beast Unleashed late in the 2022 fourth quarter. The six percent alcohol per volume drink will initially be...
Coupang officially begins its financing service, to offer loans to small businesses
Aug 09, 2022 11:09 am UTC| Business Economy
Coupang, the leading e-commerce company in South Korea, is officially opening its finance business. Through this new unit, it will be able to offer loans to small businesses so they can pay for their purchases in easy...
Samsung Electronics, workers reach wage agreement for the first time in over five decades
Aug 09, 2022 10:23 am UTC| Business Economy
Samsung Electronics and its union workers have finally reached a deal concerning salaries. It was reported that this is the very first wage agreement between the two parties in 53 years. The companys union and Samsung...
Tata Motors signs a $91M deal to buy Ford Motor’s plant in India
Aug 09, 2022 10:07 am UTC| Business Economy
Tata Motors Ltd. confirmed last weekend that it will be buying Ford Motors manufacturing factory in India. The company will be paying $91.5 million or about 7.26 billion rupees for the property. The Indian...
Whirlpool buys InSinkErator waste disposal biz from Emerson Electric for $3B
Aug 09, 2022 10:06 am UTC| Business Economy
Whirlpool Corporation announced that it is buying the Insinkerator waste disposal business from Emerson Electric Company. The company is investing $3 billion in this acquisition deal. As per Reuters, Whirlpool said on...
Carlyle announces surprising resignation of its CEO
Aug 09, 2022 09:38 am UTC| Business Economy
The Carlyle Group financial services company announced last weekend that its chief executive officer, Kewsong Lee, has resigned. It was an unexpected move because his contract is to lead the company as its chief for five...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects