Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Why have so few atrocities ever been recognised as genocide? 
The American mass exodus to Canada amid Trump 2.0 has yet to materialize 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Why financial hardship is more likely if you’re disabled or sick 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Britain has almost 1 million young people not in work or education – here’s what evidence shows can change that 
PepsiCo will invest approximately $40 million in Ethiopia to expand its Senselet snacks business, which produces chips under the brand name Sun Chips.
The investment will fund the creation of another potato chip product, among other snacks, in line with its production facility.
Sunchips are sold across approximately 10,000 outlets.
Further investments are being considered in Ethiopia to expand its portfolio beyond snacks.
Senselet’s potato processing site was constructed in 2017 and has since generated over 300 jobs and exports to two neighboring countries.
According to Chris Wijnterp, general manager of PepsiCo’s foods unit in Ethiopia, the cash injection will allow them to increase their production capacity for snacks tenfold.
It would also boost the company’s potato sourcing programs, manufacturing, and go-to-market capabilities.
He added that the investment forms part of PepsiCo’s efforts to help build a more sustainable food system in Ethiopia.
PepsiCo hopes to “contribute to food security in Ethiopia by developing the production of potatoes locally, increasing farmers’ income, and building a more stable potato value chain.
