Debate over H-1B visas shines spotlight on US tech worker shortages 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Disaster or digital spectacle? The dangers of using floods to create social media content 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
6 simple questions to tell if a ‘finfluencer’ is more flash than cash 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Columbia Student Mahmoud Khalil Fights Arrest as Deportation Case Moves to New Jersey 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Why a ‘rip-off’ degree might be worth the money after all – research study 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
What’s the difference between baking powder and baking soda? It’s subtle, but significant 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
The pandemic is still disrupting young people’s careers 
Hindustan Unilever (HUL) will invest in Zywie Ventures (OZiva) and Nutritionalab (Wellbeing Nutrition) to enter the health and well-being business category.
Unilever’s Indian subsidiary will initially acquire a 51 percent equity stake in OZiva, before purchasing the rest in three years.
A plant-based and clean-label consumer wellness brand, OZiva supplies lifestyle protein, hair and beauty supplements, and women’s health solutions.
OZiva’s current team will continue to operate all business functions.
Meanwhile, HUL is buying a 19.8 percent interest in Wellbeing Nutrition. The company’s product range includes marine collagen powder, Melts oral strips and health capsules. The current Wellbeing Nutrition team, led by founder and CEO Avnish Chhabria, will continue to operate the business.
According to Sanjiv Mehta, HUL’s CEO and managing director, the strategic investments give them an entry into the fast-growing health and wellbeing category.
Mehta added that HUL is well-positioned to support further scale-up of these businesses through our R&D, market development, distribution capabilities, and Unilever’s global health and wellbeing expertise.
Both transactions are set for completion within three months.
