Saudia, PepsiCo Ink MoU for In-Flight Recycling Initiative During MENACW 2023

Oct 10, 2023 05:37 am UTC| Economy Nature Business

Saudia and PepsiCo have signed a Memorandum of Understanding to further their commitment to sustainability and environmental conservation to collect recyclable material onboard Saudia flights. The objective is to divert...

What the decision to curtail HS2 and embrace cars means for the UK's cities

Oct 09, 2023 12:54 pm UTC| Business Economy

If you consider the decision by the UK prime minister, Rishi Sunak, to cancel phase two of the high-speed rail project, HS2 in the context of the governments growing pro-car stance, the potential ramifications for the...

China Crisis Series

China's youth unemployment problem has become a crisis we can no longer ignore

Oct 09, 2023 12:53 pm UTC| Economy

Youth unemployment is a global problem, but in China the rate - 21.3% - is particularly alarming, not just because its high, but because it could affect other economies and geopolitical relations. The release of the...

Constellation Brands Surges: Pacifico, Corona, Modelo Drive 12% Beer Market Boost

Oct 09, 2023 10:31 am UTC| Business Economy

Constellation Brands Inc., a beverage company that markets beer, wine, and spirits, is reportedly taking over the beer market as its beer unit is booming. It was reported that the record shows that the companys brewing...

Bristol-Myers Squibb to Acquire Mirati Therapeutics for $5.8B to Boost Oncology Range

Oct 09, 2023 09:49 am UTC| Economy Health Business

Bristol-Myers Squibb plans to acquire cancer drugmaker Mirati Therapeutics for up to $5.8 billion. This move will diversify Bristol-Myers Squibbs oncology business and add innovative drugs that can help offset the expected...

Walgreens' Abrupt Store Closure Predicted Next Week; Drugstore Confirmed Permanent Shutdown of 150 Outlets

Oct 09, 2023 09:19 am UTC| Business Economy

Walgreens, the second-largest pharmacy store chain in the United States, is closing out hundreds of its store branches in the country. While it previously announced its plans to shut down 150 locations, a sudden closure of...

Asiana Airlines Mulls Cargo Unit Sale Amid Korean Air Merger Talks

Oct 09, 2023 09:06 am UTC| Business Economy

Asiana Airlines is reportedly exploring the possible sale of its cargo business to give way to its merger with Korean Air. Likewise, the South Korean budget airline may abandon its Asiana Cargo subsidiary to finally...