In a statement Nestle, the world’s biggest food group, said, Purina, its line of pet food is using insects, as the company tests the waters for more environmentally sustainable protein sources. The development sees Nestle joining the more eco-friendly and… Read More ›
Creativity
Very serious gaps continue to exist in Brexit negotiations: Michel Barnier
In a statement Michel Barnier, the European Union’s top Brexit negotiator said, “very serious divergences” continues to remain in trade talks with Britain suggesting that it would be better off for the bloc to accept disruptions in commerce in the… Read More ›
Property, casualty insurer Allstate eyes taxpayer-funded climate insurance plan under Bidden Administration
In a statement, Illinois-based Allstate Corp’s CEO Tom Wilson said, in the event the Joe Bidden wins the elections, he wants the Biden Administration to back a taxpayer-funded program that would pay for the losses it incurred because of climate… Read More ›
Indonesia fall into coronavirus-induced recession
According to official economic data, Indonesia, Southeast Asia’s biggest economy, has fallen into a recession during the third quarter, for the first time in more than two decades following the coronavirus ravaging its business activity. According to statistical data, Indonesia’s… Read More ›
Equities soar on prospects of gridlock, prefers calm and solace to blue wave
Regardless of who wins the U.S. 2020 elections, some investors have welcomed the prospects that either of the two candidates would most likely face some opposition in the U.S. Congress that would be a barrier to bringing about sweeping changes… Read More ›
Flydubai eyes direct flights between Dubai & Tel Aviv from Nov. 26
On Wednesday, in a statement United Arab Emirates airline flydubai stated, it will soon start two direct fights between Dubai and Tel Aviv. The development comes in the wake of the UAE establishing historically important formal ties with Israel, including… Read More ›
S&P 500 futures soar with Donald Trump leading in key swings states
Early on Wednesday, U.S. stock futures jumped with U.S. President Donald Trump leading his Democratic rival Joe Biden in Florida and in other crucial swing states, which play a pivotal and deciding role in the election. Extending its rally on… Read More ›
U.S. Congress notified of aerial drones sales worth $5 billion to Taiwan
In a statement, the Pentagon said, it has formally notified the U.S. Congress of impending sales of four sophisticated U.S.-made aerial drones to Taiwan. The notification is the step before finalizing the sale of weapons to other countries. Washington expects… Read More ›
Subaru raises profit outlook on renewed vigor in U.S. auto sales
On Wednesday, Subaru Corp raised its operating profit outlook by more than $1.05 billion following a more than expected rebounce in U.S. vehicle sale. Like its peers, Subaru, had to shutter its U.S. plants earlier this year because of the… Read More ›
Chinese regulators abruptly suspend Ant Group’s dual IPO listing
In a significant development, Chinese Ant Group’s record $37 billion initial public offering has been suspended with Chinese regulators describing the move as reasonable and necessary. The suspension was just days before its dual debuts in Hong Kong and in… Read More ›