Kellogg split plays positively on Wall Street
Jun 29, 2022 18:03 pm UTC| Business Economy Health
Kellogg Co.s stock price rose over 5 percent immediately following its announcement that it will be splitting into three companies, focused on snacks, plant-based foods, and breakfast cereal. Wall Street analysts claim...
Taco Bell trials tostada with giant Cheez-It as base
Jun 29, 2022 17:33 pm UTC| Life Economy Business
Taco Bell and Cheez-It are collaborating to offer the Big Cheez-It Tostada, a menu item with a base of a very Big Cheez-It with seasoned beef, reduced-fat sour cream, diced tomatoes, lettuce, and shredded cheddar...
Airbnb permanently bans parties at rental properties
Jun 29, 2022 10:42 am UTC| Business Economy
Airbnb, an American company that operates an online marketplace for lodging, mainly homestays for vacation rentals and tourism activities, announced on Tuesday, June 28, that it has permanently banned the holding of...
SsangYong Motor names final bidder; Court approved KG Group’s consortium for ₩900B acquisition deal
Jun 29, 2022 10:04 am UTC| Business Economy
SsangYong Motor revealed on Tuesday, June 28, that it is now waiting for the courts approval of its decision to pick the KG Group consortium as the final bidder for its acquisition. As per Yonhap News Agency, SsangYong...
Pinterest chief Ben Silbermann steps down, Google exec to take over
Jun 29, 2022 09:54 am UTC| Business Economy
Pinterest, an image-sharing and social media service platform, said that its chief executive officer is leaving the company. It was revealed that Ben Silbermann is set to step down after 12 years of service as...
Nike posts US$46.7 billion revenue for 2022, up 5% on-year
Jun 29, 2022 09:28 am UTC| Sports Economy Business
US sportswear giant Nike posted a US$46.7 billion revenue for the 2022 financial year, up five percent on-year. It also pushed its net income up six percent on-year to $6 billion for the same period. The Nike brand...
Novartis announces restructuring plans, to cut 8,000 jobs worldwide
Jun 29, 2022 09:09 am UTC| Business Economy
Novartis unveiled its restructuring plans on Tuesday, June 28, but the program may also lead to job cuts, and around 8,000 employees are set to be affected. The Swiss -American multinational pharmaceutical company...
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