PepsiCo to buy Pioneer Foods, position for SSA growth

The companies on Friday issued a joint statement indicating PepsiCo will acquire all outstanding shares of Pioneer Foods at R110 per share. The deal gives the U.S. Pioneer has been struggling in South Africa's weak consumer market, but Willemsen ... More..

by | Published 2 days ago
TOYS
by | Sunday, July 21, 2019

TOYS "R" US Stores Returning in 2019 with New Modern Concept

He says brand partners and more details will be announced in coming weeks. However, the first two stores-located at The Galleria in Houston, Texas and at Westfield Garden State Plaza in Paramus, New Jersey-wi...More..

Jeffrey Epstein foundation donated millions to university
by | Wednesday, July 17, 2019

Jeffrey Epstein foundation donated millions to university

The New York City Upper East Side townhouse, where prosecutors said Epstein abused his victims and where they found a trove of pictures of naked girls, was once owned by Wexner. "Epstein is a convicted sex o...More..

Gold trades steady ahead of China GDP data
by | Tuesday, July 16, 2019

Gold trades steady ahead of China GDP data

Chinese exports to the United States fell 7.8% in June from a year ago. The US and China - the world's two largest economies - have been fighting a damaging trade war over the past year. China's industri...More..

USD Spikes Lower as Dovish Fed Powell Sets Stage for Rate Cuts
by | Saturday, July 13, 2019

USD Spikes Lower as Dovish Fed Powell Sets Stage for Rate Cuts

Many Fed officials historically would then support raising interest rates to forestall what was called a "wage-price spiral". "Inflation appears to have stabilized and this will put a wrench in some Fed rate-...More..

Chick-Fil-A offers free entrees if you dress as a cow
by | Wednesday, July 10, 2019

Chick-Fil-A offers free entrees if you dress as a cow

Chick-fil-A has several restaurants in Southern California including locations in Ventura, Chino Hills, Torrance, Hollywood, City Of Industry, Downey, Newport Beach, Los Angeles, Norwalk, and more. For those ne...More..

Outage problems at Rogers Wireless cause intermittent service
by | Tuesday, July 09, 2019

Outage problems at Rogers Wireless cause intermittent service

The problem is reportedly affecting many customers from several service providers across Canada. A disruption of wireless voice service at Rogers Communications Inc. The companies were still working on Mond...More..

Photos of migrant detention centres show overcrowding, men begging for help
by | Friday, July 05, 2019

Photos of migrant detention centres show overcrowding, men begging for help

The comment came one day after a Department of Homeland Security report warned of "dangerous overcrowding" in the facilities, which hold thousands of migrants seeking to remain in the country, a lot of them f...More..

Trade war de-escalation? Washington promises not to hit Beijing with new tariffs
by | Sunday, June 30, 2019

Trade war de-escalation? Washington promises not to hit Beijing with new tariffs

And I said that that's okay, that we will keep selling that product. First, it says nothing about U.S. companies being able to buy from Huawei , as the President has only commented on trade happening in on...More..

Diverted United Flight Makes Emergency Landing at Newark Airport
by | Sunday, June 30, 2019

Diverted United Flight Makes Emergency Landing at Newark Airport

The United Airlines flight bound for Houston's George Bush International Airport returned to the airport shortly after takeoff. Anyone flying today should check with their airlines regarding flight schedule...More..

Airbus signs deals for over 360 aircraft during four day Paris Airshow
by | Friday, June 21, 2019

Airbus signs deals for over 360 aircraft during four day Paris Airshow

The worldwide grounding in March of Boeing's fast-selling aircraft followed a crash in Indonesia and another in Ethiopia that triggered one of the worst crises in the company's more than 100-year history. B...More..

Trump Has Been Brainstorming Ways To Remove Powell From The Fed
by | Friday, June 21, 2019

Trump Has Been Brainstorming Ways To Remove Powell From The Fed

Policymakers at the USA central bank said at the conclusion of their two-day meeting this week that they expect one rate cut next year and one rate hike in 2021. The big story of the day remains the dollar as i...More..

Facebook launches cryptocurrency with Visa, MasterCard, Uber, and others
by | Wednesday, June 19, 2019

Facebook launches cryptocurrency with Visa, MasterCard, Uber, and others

Company officials emphasized Libra as a way of sending money across borders without incurring significant fees, such as those charged by Western Union and other global money-transfer services. "We think most ...More..

Latest Gulf attacks will have grave impact on energy trade
by | Saturday, June 15, 2019

Latest Gulf attacks will have grave impact on energy trade

Iran has repeatedly warned it would block the Strait of Hormuz , near where the attacks happened, if it can not sell its oil due to us sanctions . "The United States will defend its forces, interests an...More..

Solid US jobs report could allay fears of weakening economy
by | Tuesday, June 11, 2019

Solid US jobs report could allay fears of weakening economy

Walmart chief executive Doug McMillon said Friday, before Trump's announcement, that the iconic retailer is "concerned" about Mexican tariffs causing fruit and vegetable prices to spike for USA consumers. A s...More..

Tennessee Valley Deals for National Doughnut Day!
by | Saturday, June 08, 2019

Tennessee Valley Deals for National Doughnut Day!

Local shops are creating incredible gourmet doughnuts and are the trendsetters in the industry. Each Super Saver store will also have a Friday only special on a dozen donuts. Dunkin' Donuts is offering a free...More..

Huawei can no longer pre-install Facebook, Instagram or WhatsApp apps
by | Saturday, June 08, 2019

Huawei can no longer pre-install Facebook, Instagram or WhatsApp apps

Huawei usually pre-installs apps such as Facebook and Twitter on its handsets. The search giant company is afraid Huawei devices losing Google's services such as Google Play and Google Play Protect might ...More..

Despite RBI rate cut, market looks for more growth impetus
by | Friday, June 07, 2019

Despite RBI rate cut, market looks for more growth impetus

Repo rate is the rate at which the apex bank lends short-term money to commercial banks. But Thursday's reduction isn't a positive show of RBI's ultra-easy monetary policy regime, but points to an exceptio...More..

by | Wednesday, June 05, 2019

Huawei to sell undersea cable business

Liang accused the USA of inappropriate conduct, while at the same time striking a conciliatory tone - a response reflecting a level of exasperation now felt by the Chinese tech giant. Last week, the company fil...More..

China Targets FedEx in ‘Warning’ to U.S.
by | Sunday, June 02, 2019

China Targets FedEx in ‘Warning’ to U.S.

On Saturday, Chinese retaliatory tariffs on the US goods kicked in, after the Trump administration raised tariffs on Chinese goods worth $200 billion to 25 percent, from 10 percent. and Intel Corp . to even ...More..

Renault And Fiat Chrysler Automobiles May Announce Merger On Monday
by | Tuesday, May 28, 2019

Renault And Fiat Chrysler Automobiles May Announce Merger On Monday

In autumn 2017, Ghosn, who had been CEO of Renault since 2005, chose to seek a final term, one that would extend past the automaker's mandatory retirement age of 65. Nissan's stake in Renault comes with no ...More..

Panasonic 'suspends transactions' with Huawei after United States ban
by | Saturday, May 25, 2019

Panasonic 'suspends transactions' with Huawei after United States ban

This new commerce ban does not stop U.S. companies from buying Huawei gear, but instead bans Huawei from obtaining its supply chain components from United States companies. "Our production capacity is huge,...More..

United States ban on Huawei to affect Indian business
by | Wednesday, May 22, 2019

United States ban on Huawei to affect Indian business

The move effectively bans Huawei from buying parts and components from USA companies without United States government approval. Huawei's founder has warned the USA that it is underestimating his company, as t...More..

'China's Google' Logs First Ever Quarterly Loss
by | Monday, May 20, 2019

'China's Google' Logs First Ever Quarterly Loss

Analysts were calling for more than 29 billion RMB ahead. It is Baidu's first quarterly losses since its IPO on NASDAQ in 2005 and shares tumbled 9.8 percent in after-hours trading on Thursday. Baidu sai...More..

Starbucks' rival Luckin Coffee sees share price double on debut
by | Monday, May 20, 2019

Starbucks' rival Luckin Coffee sees share price double on debut

Luckin sold 33 million American depositary shares on Thursday for US$17 each, after marketing 30 million shares for US$15 to US$17. Luckin has 2,370 stores in 28 cities, while Starbucks has more than 3,300...More..

Global Stocks Tumble Due to US-China Trade War
by | Friday, May 17, 2019

Global Stocks Tumble Due to US-China Trade War

But at the weekend, his national economic adviser, Larry Kudlow, said United States businesses and consumers would be among the ones to foot the bill for the trade war, saying that "both sides will suffer". Kan...More..

US Supreme Court allows anti-trust suit against Apple
by | Thursday, May 16, 2019

US Supreme Court allows anti-trust suit against Apple

The opinion written by the newest court member, Justice Brett Kavanaugh , said consumers had a right to pursue their case because they have a direct relationship with Apple. "Along with Apple, the ruling was a...More..

Monsanto ordered to pay $2B to couple in weed killer cancer case
by | Thursday, May 16, 2019

Monsanto ordered to pay $2B to couple in weed killer cancer case

The jury's verdict on Monday was the third such courtroom loss for Monsanto concerning the chemical, which Bayer acquired as part of its $63bn purchase of the company previous year. "They were given an incred...More..

Iran Claims Credit for UAE, Saudi Ship Attacks
by | Wednesday, May 15, 2019

Iran Claims Credit for UAE, Saudi Ship Attacks

The Associated Press reported that "Iranian or Iranian-backed proxies" were behind the attacks. "Our goal is to respond to the crimes they are committing everyday against the Yemeni people". "The master o...More..

Berkshire swings to big profit; Buffett laments Kraft Heinz
by | Sunday, May 05, 2019

Berkshire swings to big profit; Buffett laments Kraft Heinz

Berkshire Hathaway is known for its value investments. Berkshire Hathaway's Q1 results could be influenced by Buffett finally naming a successor. "One of the fellows in the office that manage money. After ...More..

Amazon to make one-day shipping the standard on Amazon Prime
by | Saturday, April 27, 2019

Amazon to make one-day shipping the standard on Amazon Prime

Olsavsky didn't offer a timeline for the project's roll out, which will begin in the USA, saying "we expect to make steady progress quickly and through the year". Investors recognize that's something Walmart ...More..

Apple spends more than $30 million on Amazon Web Services each month
by | Friday, April 26, 2019

Apple spends more than $30 million on Amazon Web Services each month

As far as Apple's business with Amazon is concerned, the interesting point is that the expanding business association is in spite of their competition in many areas. In December, Apple announced plans to inves...More..

Huawei to test 5G network in Cairo during AFCON 2019
by | Tuesday, April 23, 2019

Huawei to test 5G network in Cairo during AFCON 2019

Guo Ping, rotating chairman of the company, has said he expects all three business groups - consumer, carrier and enterprise - to post double-digit growth this year. A Huawei's spokesperson told The Times tha...More..

Imran Khan reshuffles Cabinet amidst criticism over govt performance
by | Saturday, April 20, 2019

Imran Khan reshuffles Cabinet amidst criticism over govt performance

A day after major reshuffling in the federal cabinet, an updated list of federal ministers, ministers of state and advisers and special assistants to the prime minister was issued on Friday. Khan made 10 mini...More..

North Korean leader oversees new tactical weapons test - state media
by | Friday, April 19, 2019

North Korean leader oversees new tactical weapons test - state media

A North Korean official, Kim Chang Son, travelled to Vladivostok this week and was seen on Wednesday inspecting the city's train station and making security checks, Russia's RIA news agency reported on Thur...More..

World's largest plane takes to the skies over California
by | Tuesday, April 16, 2019

World's largest plane takes to the skies over California

It aims to make access to orbit more affordable and accessible by launching satellites into space from aircraft, rather than from the ground. "All of you've been very patient and very tolerant over the years ...More..

Because it gears up for IPO finances are revealed by uber
by | Monday, April 15, 2019

Because it gears up for IPO finances are revealed by uber

Uber will list on the New York Stock Exchange under the symbol "UBER". GrubHub dropped more than 6% Friday after Uber's S1 filing indicated the ride-sharing company was continuing its aggressive expansi...More..

Uber plans to sell around $10 billion worth of stock in IPO
by | Sunday, April 14, 2019

Uber plans to sell around $10 billion worth of stock in IPO

And Uber does require twice as many (digital) pages to explain itself. Uber set a placeholder amount of $1 billion but did not specify the size of the IPO. "I'm sure that the Lyft debut is going to affect b...More..

Tesla begins offering leases for Model 3
by | Sunday, April 14, 2019

Tesla begins offering leases for Model 3

As a result, the lowest-priced Model 3 available for order on its online menu in the United States is now the $39,500 Standard Plus, which includes Autopilot . Tesla has been adjusting prices of its US -made...More..

Fisher-Price recalls Rock 'n Play Sleeper after 32 deaths
by | Saturday, April 13, 2019

Fisher-Price recalls Rock 'n Play Sleeper after 32 deaths

People who have the product should immediately stop using it and contact Fisher-Price for a refund or voucher. The recall did not say what caused the infants' deaths. It also advises against using auto se...More..