BUSINESS

Nov 14 2024BUSINESS

Surprise: China Isn't as Tech-Backward as You Think

You might be shocked to hear this, but China is not trailing as far behind the West in tech as some people may believe. Brad Smith, the president of Microsoft, has shared his insights after visiting the country. He was impressed by the rapid advancements China has made in technology. So, what's the

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Nov 13 2024BUSINESS

Goodbye Lunchables: Schools Say No Thanks

Kraft Heinz's popular Lunchables snacks are taking a break from school cafeterias. The company announced that due to low demand, Lunchables won't be part of the National School Lunch Program this year. Last year, they introduced two new options with more protein, exciting school administrators. Howe

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Nov 13 2024BUSINESS

Amazon's New Budget Store: A Challenge to Shein and Temu

Amazon has just opened a store where nothing costs more than $20. This new service, called "Amazon Haul, " is available in the US through Amazon's app or mobile website. It's a move aimed at competing with popular low-cost shopping apps like Shein and Temu. The store offers a variety of fashion, hom

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Nov 13 2024BUSINESS

RWE Slows Green Investments Due to Trump's Re-election and Investor Pressure

German energy company RWE has faced a lot of pressure from its investors. This pressure came after Donald Trump's re-election in the U. S. The investors wanted RWE to change its plans to invest $55 billion in renewable energy sources. The company was planning to do this by 2030. To deal with this pr

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Nov 13 2024BUSINESS

Indian Food Delivery Giant Swiggy's Shares Hit New Heights After IPO

Swiggy, the popular Indian food delivery service backed by SoftBank, started its market journey with a bang. Its shares zoomed over 9% on their Wednesday debut. This impressive leap followed a hugely successful IPO, ranking as India's second-largest for the year. Swiggy raised a whopping 113. 27 bil

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Nov 13 2024BUSINESS

Partnering Up: Vortex Gaming and FreakOut Team Up for Global Gaming Marketing

Vortex Gaming has just formed a new partnership with FreakOut Korea, a branch of the Japanese tech group FreakOut Holdings. This isn't just any tech group—they were the first in Japan to develop DSP (Demand Side Platform) technology back in 2010. Since then, they've grown into a global powerhouse, w

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Nov 13 2024BUSINESS

Businesses Hope to End Supply Chain Chaos

Business leaders are worried that ongoing port shutdowns in Vancouver and Montreal are hurting Canada's reputation and economy. Dennis Darby, head of Canadian Manufacturers & Exporters, says these disruptions are happening at the worst time, with year-end deadlines and an upcoming U. S. election. He

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Nov 13 2024BUSINESS

Kraft Heinz Pulls School Lunchables Due to Low Demand

Kraft Heinz, the company known for products like Capri Sun and Oscar Meyer, has stopped selling their school-designed Lunchables meals. These meals were introduced at the start of the 2023-2024 school year and were supposed to be healthier with more protein and less fat and sodium. However, nutritio

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Nov 13 2024BUSINESS

Chris Wallace's New Adventure: Exploring Media's Independent Frontier

Chris Wallace, a veteran broadcast journalist at the age of 77, is saying goodbye to CNN after three years. He's excited to explore the shifting media landscape, where independent podcasts and streams are gaining momentum. Wallace, son of CBS legend Mike Wallace, has a long history in broadcast news

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Nov 13 2024BUSINESS

China's Shopping Bonanza Surprises with Better-Than-Expected Sales

China's biggest shopping day of the year, known as Singles' Day, started earlier this year and ended on a high note. Despite a slow retail environment, consumers spent more than expected, according to consulting executives. This shopping event, similar to Black Friday, kicked off on October 14 and w

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