Nestle slashes stake in L’Oreal by selling $10 billion worth of shares
Dec 08, 2021 09:24 am UTC| Business Economy
Nestle revealed it will be trimming its stake in LOreal and will be shelling out around 20% shares worth $10 billion or 8.9 billion. The multinational food and drink company said on Tuesday, Dec. 7, that it will be putting...
GSK, Medicago close to releasing the world’s first plant-based COVID-19 vaccine
Dec 08, 2021 06:00 am UTC| Business Economy
GSK and Medicago are now closer to debuting the worlds first plant-based COVID-19 vaccine after the completion of phase 3 clinical trial for the efficacy and safety of the immunization that they are developing. This...
McDonald's debuts Mariah Carey holiday merchandise line ahead of Mariah holiday menu launch
Dec 08, 2021 05:47 am UTC| Business Economy
McDonalds keeps the surprises coming for the holidays, and this time, it unwrapped a new line of merchandise featuring Mariah Carey. The items are just one of the offerings to spread holiday cheer before the fast-food...
KFC testing new mambo dipping sauce in three US cities
Dec 08, 2021 05:39 am UTC| Business Economy
KFC is currently testing a new dipping sauce called the Sweet Hot Capital City Mambo Sauce. The popular chicken restaurant has released the sauce in three cities in the United States for trial. Starting this week,...
Domino's, Papa John's lead way in boosting US pizza sales
Dec 07, 2021 22:50 pm UTC| Economy Life Business
US pizza sales were up 6 percent in 2020, to $27.5 billion, but much of that growth was concentrated among Dominos and Papa Johns, according to data from Technomic. Dominos is the best-selling pizza brand in the US with...
Marriott hopes to lure younger and wealthier travelers by launching NFT collection
Dec 07, 2021 22:10 pm UTC| Digital Currency Life Economy Business
Marriott International has partnered with three digital artists, TXREK, JVY, and Erick Nicolay, to launch a non-fungible token (NFT) collection in an effort to lure more young and wealthy travelers. The NFT collection...
New Balance inks 3-year apparel deal with Netball Australia
Dec 07, 2021 21:46 pm UTC| Sports Economy Business
Netball Australia has signed a three-year apparel partnership with New Balance that would see the Australian national netball team be fitted with the US sports brands gear beginning next months Quad Series, The series...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects