JM Smucker to Acquire Hostess Brands in a $5.6 Billion Deal
Rival food giant JM Smucker is set to acquire classic US snack maker Hostess Brands…
Business
Qantas CEO Alan Joyce Departs Early Amid Controversies; CFO to Lead
In a surprising turn of events, Qantas’ long-standing CEO, Alan Joyce, has decided to step…
X, previously Twitter, acquired biometric and job-related data from users.
X, formerly recognised as Twitter, is set to revise its privacy policy, introducing the collection…
Billionaire Terry Gou aims for Taiwan’s presidential role.
Terry Gou, the 72-year-old billionaire and founder of Foxconn, the iPhone manufacturer, has entered the…
Amid China’s real estate crisis, Evergrande seeks US bankruptcy protection.
Property giant Evergrande has sought bankruptcy protection in the US amidst China’s escalating real estate…
Russia increases interest rates to 12% due to the plummeting rouble value.
Russia has increased its interest rates to 12% as a response to the rouble’s decline…
Because of the recovery in travel, the IMF is optimistic about the global economy.
The “International Monetary Fund (IMF)” has raised its growth forecast for the global economy to…
Bank of America was penalised for unauthorised accounts and excessive fees
“Bank of America” has been directed to pay $150 million in penalties after it was…
Bluesky, a Twitter competitor, reveals plans for content moderation
Former Twitter CEO and co-founder Jack Dorsey is backing the decentralised social media platform Bluesky,…
Grab, the top Southeast Asian “ride-hailing” company, slashes 1,000 jobs
Grab, the leading “ride-hailing and food delivery” app in Southeast Asia, has announced plans to…