
Whirlpool buys InSinkErator waste disposal biz from Emerson Electric for $3B
Aug 09, 2022 10:06 am UTC| Business Economy
Whirlpool Corporation announced that it is buying the Insinkerator waste disposal business from Emerson Electric Company. The company is investing $3 billion in this acquisition deal. As per Reuters, Whirlpool said on...

Carlyle announces surprising resignation of its CEO
Aug 09, 2022 09:38 am UTC| Business Economy
The Carlyle Group financial services company announced last weekend that its chief executive officer, Kewsong Lee, has resigned. It was an unexpected move because his contract is to lead the company as its chief for five...

Pfizer acquires Global Blood Therapeutics for $5.4B
Aug 09, 2022 09:15 am UTC| Business Economy
Pfizer inc., an American pharmaceutical and biotechnology firm headquartered in Manhattan, New York City, has agreed to buy Global Blood Therapeutics biotech company for $5.4 billion. The drugmaker will be paying $68.50 a...

Outlandish ketchup, mayo, soy sauce-flavored ice cream released in London
Aug 09, 2022 09:14 am UTC| Business Economy
A new kind of ice cream has been unveiled and offered to some people in London. This is not the typical sweetened frozen food that everyone gets for snack or dessert because they were made featuring the flavors of popular...

Balenciaga launches the world’s most expensive ‘garbage’ bag sold for $1,790
Aug 08, 2022 10:13 am UTC| Business Economy
Balenciaga, one of the luxury fashion houses today, just debuted its newest fashion item, which has now been dubbed the most expensive garbage bag in the world. The company created a buzz online after unveiling its Trash...

KT Telecom, Turk Telekom to collaborate in media content via partnership deal
Aug 08, 2022 09:33 am UTC| Business Economy
KT Telecom and Turk Telekom, a Turkish company, signed a partnership deal to work together in the area of media content. They are looking to foster collaboration for the said field through a private fifth-generation...

Eli Lilly pharma company to expand its HQ outside of Indiana due to abortion law
Aug 08, 2022 09:12 am UTC| Business Economy
Eli Lilly, the American pharmaceutical company headquartered in Indianapolis, Indiana, said it would expand its headquarters outside of its home state. The decision was mainly due to the abortion law that was recently...