
Owner gives away sportswear firm Patagonia to fight climate change
Sep 17, 2022 22:52 pm UTC| Nature Economy Business
Patagonia founder and owner Yvon Chouinard announced he has given away the company to a charitable trust tackling the climate emergency. The shareholding of Patagonia, an outdoor clothing and sportswear brand founded by...

Castore to supply Red Bull Racing apparel
Sep 17, 2022 22:36 pm UTC| Sports Economy Business
UK sportswear brand Castore will begin supplying the Red Bull Formula One team racing outfit with apparel, including high-performance sportswear ranges, commencing the 2023 season. The multi-year partnership deal also...

Pizza Hut's 'Italian Taco' to compete with Taco Bell's Mexican Pizza?
Sep 17, 2022 18:30 pm UTC| Life Economy Business
Pizza Hut announced theyve begun selling Italian Taco in an obvious jab at Taco Bells Mexican pizza. But the said Italian Taco is simply a pizza slice folded down the middle, which many diners do to their...

Mtn Dew's Code Red now sold as energy drink
Sep 17, 2022 15:25 pm UTC| Life Economy Business
Mountain Dew has released an energy drink version of the Code Red soda that contains 180 mg of caffeine, zinc, Vitamins A and C, and antioxidants. Each 16-ounce can have 25 calories, five grams of carbs, and no added...

Adobe acquires Figma design platform for $20B
Sep 16, 2022 10:39 am UTC| Business Economy
Adobe computer software company is investing $20 billion to buy Figma design platform. It was reported that investors were alarmed by the move and the companys shares also dropped after the deal was reported. Adobe Inc....

Shell’s chief steps down, appoint renewables director as new CEO
Sep 16, 2022 10:13 am UTC| Business Economy
Shell Plc, the British multinational oil and gas company, headquartered in London, England, revealed that its chief executive officer, Ben van Beurden, has stepped down from his post. The company made the announcement on...

Target, FAO Schwarz announce exclusive partnership deal for the holiday season
Sep 16, 2022 09:51 am UTC| Business Economy
Target and FAO Schwarz have inked a partnership deal, and this was announced by the companies early this week. The exclusive multi-year contract will bring toys to stores, especially this coming holiday season. FAO...