Business

Carrefour will stop selling Pepsi due to price increases.

Pepsi products will no longer be sold in France by grocery giant Carrefour, which cited “unacceptable price increases”. The grocer began posting notices in-store on Thursday alerting consumers to the decision, which would have an impact on items including Quaker cereal, Pepsi cola, and Doritos. Pepsi declared that it would keep up its “good faith”

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Takeover of Telegraph: Gulf bidders pledge freedom of the press

The bidder for the Daily and Sunday Telegraph, sponsored by Abu Dhabi, has declared that journalists will have complete editorial autonomy. The files were scheduled to be turned over to the RedBird IMI consortium, which was supported by the Gulf. However, the government stepped in due to concerns that an autocratic foreign state may obtain

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How much money could Luke Littler, the darts sensation, make?

Luke Littler, who barely missed out on the championship, has made an incredible amount of money—a sum that most 16-year-olds can only imagine—after making his darts debut in the PDC World Darts Championship. After defeating some of the biggest names in the sport in recent weeks and losing to his namesake Luke “Cool Hand” Humphries

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Ryanair takes aim at Booking.com due of flight disruptions.

Ryanair has taken aim at a number of online travel agencies for abruptly removing its flights from their networks. The airline claimed that bigger websites including Kiwi, Booking.com, and Kayak abruptly stopped offering its flights in December. It follows an Irish High Court decision that forbade screenscraper Flightbox from collecting flight data for Ryanair for

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warns next of supply delays brought on by attacks on ships in the Red Sea

Next has issued a warning that if the Red Sea shipping interruption persists, its goods deliveries may be delayed. Businesses have started avoiding the region and taking longer routes as a result of Houthi rebel attacks on ships in one of the busiest maritime lanes in the world. It was then said that delays in

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Elon Musk-critical employees at SpaceX are allegedly unfairly fired

SpaceX has been charged with forcibly terminating eight employees for voicing disapproval of its multibillionaire CEO, Elon Musk. According to a US labor agency’s complaint, in 2022, workers wrote an open letter outlining their working grievances to the company’s executives. He was described as a “distraction and embarrassment” in the letter, the Reuters news agency

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Russia’s trade with China soars over $200 billion as its trade with the US falls to a three-decade low.

Amid Western economic sanctions against Moscow earlier this year, trade between Russia and the US reached a 30-year low. Between January and October, trade between the two nations reached $4.38 billion, a 70% decrease from the same period the previous year. In the meantime, commerce between China and Russia is expected to reach a record

Russia’s trade with China soars over $200 billion as its trade with the US falls to a three-decade low. Read More »

The tale of the stock market for 2023? The increasing dominance of US technology

The FAANGs, or the five major US tech stocks that dominated the investment scene in the past, were Google (now Alphabet), Facebook (now Meta), Amazon, Apple, and Netflix. That image is no longer current. Introducing the so-called Super Seven or Magnificent Seven, which comprise Microsoft, Tesla, Nvidia, and four of the aforementioned companies (Netflix being

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Because of inflation, the ordinary American now views the economy negatively.

Important Points Consumer perceptions of the economy appear to have worsened due to lingering resentment over recent high inflation.This unhappiness occurs despite the fact that some people’s financial circumstances have improved due to a robust labor market, rising housing values, and a stock market bounce.     Kyle Connolly believes that 2023 will be remembered

Because of inflation, the ordinary American now views the economy negatively. Read More »

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