
Nestlé announces exit of its frozen meals and pizza business in Canada
Feb 02, 2023 13:56 pm UTC| Business Economy
Nestlé made an announcement that it will be discontinuing its frozen meal and pizza business units in Canada. The Swiss food and drink company based in Vevey, Vaud, Switzerland, said that it made the decision as...

Dr Pepper debuts new innovative flavor and it is here to stay
Feb 02, 2023 12:14 pm UTC| Business Economy
Dr Pepper added something new to its product lineup and it will be a permanent addition to its portfolio. The leading North American leading beverage company announces the launch of its Dr Pepper Strawberries Cream...

McDonald's to launch 1,900 new stores this year
Feb 02, 2023 10:44 am UTC| Business Economy
McDonalds is expanding further this year and revealed its plans to open 1,900 branches. The growth that the brand has displayed recently was said to have encouraged the fast-food chain to build more stores in 2023. The...

Walmart upgrades store designs, unveils sleek and classy outlets
Feb 02, 2023 10:24 am UTC| Business Economy
Walmart Inc. has upgraded its stores in the United States and the newly-designed outlets now display a classy, upscale look. To date, the American retail chain that operates grocery stores, hypermarkets, and department...

Meta wins against FTC as its secured court approval for the acquisition of Within VR company
Feb 02, 2023 10:00 am UTC| Business Economy
Meta Platforms Inc., formerly known as Facebook Inc., has been granted approval for its acquisition of Within Unlimited virtual reality company. The court will allow the deal to proceed despite the objection from the...

Unilever pulls out Hellmann’s mayonnaise in South Africa and consumers are furious
Feb 02, 2023 09:58 am UTC| Business Economy
Unilever plc announced it is discontinuing the sale of Hellmann mayonnaise in South Africa. The company cited high inflationary import costs as the reason for its decision. As per Reuters, the spokesperson of Unilever...

Paramount is merging Showtime and Paramount Plus, to offer service under new name
Feb 01, 2023 10:26 am UTC| Business Economy
Paramount Global media company revealed it would be combining its Showtime TV network and Paramount Plus streaming service. Once merged, the new service will have a new name - Paramount+ with Showtime. Paramount Global...