Russia may partially replace dollar reserves with cryptocurrency to counter US sanctions
Oct 21, 2021 23:23 pm UTC| Digital Currency Politics Economy
Russia is pondering on partially replacing the US dollar in currency reserves and trade settlements to limit their dependency on the greenback in a move dubbed as dedollarization. The plan was to counter the expanding...
McDonald’s Australia announces the addition of new spicy chicken range to its menu
Oct 21, 2021 10:18 am UTC| Business Economy
McDonalds Australia unveils new menu items for its customers. The fast-food chain is offering new options for its spicy chicken menu line. McDonalds Australia said that it is bringing the heat with the arrival of its...
Burger King’s first vegetarian restaurant opens in Madrid
Oct 21, 2021 09:45 am UTC| Business Economy
Burger King is offering something exciting for its customers who do not eat meat. The fast-food chain has opened its very first vegetarian restaurant outlet in Madrid to cater to vegetarian customers. The new Burger...
Starbucks, Amazon reportedly in talks to launch cashier-less cafe outlets
Oct 21, 2021 09:02 am UTC| Business Economy
Starbucks and Amazon are said to be in the discussion for the launch of coffee shops featuring the Just Walk Out technology for a cashier-less transaction when paying. The potential tie-up will place the e-commerce and...
Paypal reportedly in the final stage of acquiring Pinterest for $45B
Oct 21, 2021 08:17 am UTC| Business Economy
Paypal is set to buy Pinterest for $45 billion and this was revealed by sources who are familiar with the deal. On Wednesday, Oct. 20, it was reported that the financial technology company specializing in money transfers...
Facebook: Senators urged Mark Zuckerberg to give up its Novi crypto wallet pilot
Oct 21, 2021 07:07 am UTC| Business Economy
Facebook dropped its Novi crypto wallet this week for a pilot run, and just hours after its launch, government officials have called on Mark Zuckerberg to immediately discontinue the cryptocurrency wallet that is being...
Facebook may change its name to rebrand itself while also focusing on metaverse
Oct 21, 2021 05:37 am UTC| Business Economy
Facebook is reportedly planning to change its name to something related to metaverse and rebrand itself. It was reported this week that as it is heavily criticized by regulators worldwide for its business practices, the...
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