PepsiCo to launch plant-based products in collaboration with Beyond Meat in 2022
Sep 16, 2021 10:00 am UTC| Business Economy
PepsiCo is one of the latest companies to be venturing into the plant-based business. It was reported that it will be releasing vegan snacks and beverages in partnership with Beyond Meat and these will be available early...
Hyundai Motor, LG Energy conduct groundbreaking ceremony for EV battery plant in Indonesia
Sep 16, 2021 08:13 am UTC| Business Economy
Hyundai Motor Group and LG Energy Solution officially break ground to commence the construction of their electric vehicle battery plant in Indonesia. The companies announced they conducted a groundbreaking ceremony on...
Carousell marketplace reaches the ‘unicorn’ level with its new value of $1.1 billion
Sep 16, 2021 06:56 am UTC| Business Economy
Carousell, the Singapore-based consumer to consumer and business to consumer marketplace for buying and selling new and second-hand goods, revealed on Wednesday, Sept. 15, that it was able to raise new funds worth $100...
Goldman Sachs to buy GreenSky fintech firm for $2.2 billion
Sep 16, 2021 06:43 am UTC| Business Economy
Goldman Sachs is investing $2.2 billion to acquire GreenSky, a fintech firm that offers fast and easy online loans. The investment bank is buying it to improve and further expand its consumer finance business. According...
Fox Corp acquires TMZ online news platform from AT&T’s WarnerMedia
Sep 15, 2021 10:39 am UTC| Business Economy
Fox Corp. revealed this week that it bought the TMZ celebrity online news platform from WarnerMedia LLC that is owned by the telecommunication company, ATT. The mass media company acquired the tabloid journalism site as...
Goldman Sachs promotes Denis Coleman and set to take over CFO post from Stephen Scherr
Sep 15, 2021 09:58 am UTC| Business Economy
Goldman Sachs Group Inc. has appointed Denis Coleman to be its new chief financial officer and will replace Stephen Scherr at the end of this year. According to Reuters, the appointment of the new CFO was announced...
Amazon reveals plans to hire 125,000 workers for its warehouse and logistic hubs in the US
Sep 15, 2021 09:21 am UTC| Business Economy
Amazon will be hiring 125,000 workers and this plan was revealed this week. It was reported that ahead of the holiday shopping season, the e-commerce giant is rushing to fill its warehouse and logistic hubs in the United...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects