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...
Amazon mulls acquisition of MGM Studios: Report
May 18, 2021 10:27 am UTC| Business Economy
Amazon is said to have plans of acquiring MGM Studios or the Metro-Goldwyn-Mayer company. Jeff Bezos company is said to be already in talks for the acquisition deal of MGM Holdings. Fox Business reported that this...
Burger King brings back a favorite item to its menu board
May 18, 2021 09:08 am UTC| Business Economy
Burger King has a food item that was taken down from the menu list and now it is bringing it back. The burger joint announced the return of its crown-shaped chicken nuggets that have disappeared 10 years ago. CNN...
Procter & Gamble signs deal with Prince Harry and Meghan Markle, and the public is not impressed
May 18, 2021 08:35 am UTC| Business Economy
Procter Gamble recently signed a deal with Prince Harry and Meghan Markle and it is for a partnership for humanitarian works. Based on the reports, they will be working with the company to build more compassionate...
AT&T confirms $43 billion WarnerMedia merger deal with Discovery
May 18, 2021 08:23 am UTC| Business Economy
ATT has finally sealed the deal with Discovery and this was announced on Monday, May 17. The announcement comes a day after it was reported that the telecommunication company is very close to signing a deal with the pay...
SK Chemicals acquires 10% stake in Chinese plastic recycling company
May 18, 2021 08:07 am UTC| Business Economy
SK Chemicals revealed on Monday, May 17, that it recently purchased a 10% stake in the Chinese plastic recycling firm, Shuye. The acquisition was done as it aims to commercialize eco-friendly PETG plastic or the...
Samsung SDI reportedly planning to build a battery plant in the US
May 18, 2021 07:22 am UTC| Business Economy
Samsung SDI is said to be considering building its own battery cell plant in the U.S. If this will push through, it will be the companys first battery factory in the country. Why Samsung wants to construct its battery...
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
Why Germany ditched nuclear before coal – and why it won’t go back
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