5 things to know about the Fed's interest rate increase and how it will affect you
Jun 15, 2022 07:37 am UTC| Economy Central Banks
The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....
Heinz and Tesco partner with packaging industry experts to develop recycled soft plastic pots
Jun 15, 2022 06:37 am UTC| Nature Economy Business Life
Heinz and UK supermarket Tesco are collaborating with packaging industry experts Plastic Energy, Sabic, and Berry Globa to develop and trial recycled soft plastic for Heinz Beanz Snap Pots. Heinz Beanz Snap Pots are...
Burberry signs Tottenham Hotspur star Son Heung-Min as brand ambassador
Jun 14, 2022 23:56 pm UTC| Sports Life Economy Business
Tottenham Hotspur star Son Heung-Min has signed an endorsement deal with UK luxury fashion house Burberry. With a combined social media following of more than 12.6 million, Son, a South Korean national team soccer star,...
Givenchy to launch NFTs in celebration of Pride
Jun 14, 2022 22:17 pm UTC| Life Economy Business
Givenchy Parfums will launch a non-fungible token (NFT) based on photos and reinterpreted with the colors of the rainbow in collaboration with London gallery owner Amar Singh and the Rewind artist collective in celebration...
Coinbase chief tells employees to quit if they are not happy in the company
Jun 14, 2022 10:35 am UTC| Business Economy
The employees of Coinbase were told to quit if they were not content and happy working for the company. Cryptocurrency firm. The chief executive officer of the cryptocurrency company, Brian Armstrong, urged staff to quit...
Rebranded McDonald’s opens restaurants in Russia
Jun 14, 2022 10:15 am UTC| Business Economy
McDonalds officially made its exit from Russia a few weeks ago, and its restaurants were sold to a local operator. Now the burger joint has been reopened after a rebranding process. The restaurants are said to still...
Tesla ousts its country manager in Singapore following Elon Musk’s job cuts warning
Jun 14, 2022 10:03 am UTC| Business Economy
Tesla reportedly fired its country manager in Singapore just a little over a week after the companys chief executive officer, Elon Musk, warned of job cuts worldwide. The news started when Christopher Bousigues wrote on...
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