Aug 03, 2022 09:53 am UTC| Business Economy
Candy Funhouse, a Canadian candy company, announced it is looking to recruit its chief candy officer, which is actually a candy taster, in simpler words. This is a dream job because the company is offering almost $100,000...
JD Sports finally appoints a CEO after 8 years
Aug 03, 2022 09:39 am UTC| Business Economy
JD Sports Fashion plc, a leading British sports-fashion retail company based in Bury, Greater Manchester, England, has appointed its chief executive officer after eight years. The company finally filled up its CEO post...
Revlon receives greenlight from court for $1.4B bankruptcy loan
Aug 03, 2022 09:22 am UTC| Business Economy
Revlon Inc. was approved by the court to proceed with its $1.4 billion loan so it can work on getting itself out of bankruptcy. A U.S. bankruptcy judge announced his decision on Monday, Aug. 1. As per Reuters, the...
Toyota Motor subsidiary Hino Motors reportedly falsified emissions data for almost 20 years
Aug 03, 2022 09:15 am UTC| Business Economy
Toyota Motors subsidiary, Hino Motors Ltd, reportedly faked its emissions data for almost two decades. A company-sponsored investigation said on Tuesday, Aug. 2, that it found the truck maker to have systematically...
GS Retail ordered to pay $18.7M in fine for unfair business dealings
Aug 03, 2022 07:20 am UTC| Business Economy
GS Retail Co. has been fined KRW24.4 billion or around $18.7 million, due to unfair practices related to its business dealings with contractors. South Koreas Fair Trade Commission (FTC) revealed on Tuesday, Aug. 2, that it...
Aug 03, 2022 00:59 am UTC| Economy
Australias east coast gas crisis is set to sharply worsen. A new report from the Australian Competition and Consumer Commission (ACCC) notes supply conditions will deteriorate significantly in 2023 if no action is taken....
Why does the RBA keep hiking interest rates? It's scared it can't contain inflation
Aug 03, 2022 00:55 am UTC| Economy Central Banks
There are signs inflation pressures are easing. Oil prices are down almost 20% on their peak in March. Theyve been falling consistently for a month. The average capital city unleaded price is down from A$2.11 per litre...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects