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LaLiga Tech to help Liga Portugal develop digital strategy

Aug 11, 2022 23:50 pm UTC| Sports Technology Economy Business

LaLiga Tech will help Liga Portugal develop its digital strategy and protect its intellectual property online as part of a wide-ranging partnership. Liga Portugal, which oversees the top two soccer divisions in the...

Greece’s Green Cola and Chitos form UK-based drinks group

Aug 11, 2022 23:50 pm UTC| Business Economy Life

Greek businesses Green Cola and Chitos have partnered to become a global leader in better-for-you beverages as a new London-headquartered drinks group, Green Beverages Group. The new group combines Green Colas...

iPhone 14 prices are expected to increase by 15% compared to iPhone 13 series

Aug 11, 2022 08:39 am UTC| Technology Business

Apple managed to implement significant upgrades to the iPhone line in recent years without drastically increasing its retail prices. That might change, however, the tech giant is expected to increase prices for the iPhone...

Microsoft-Activision Blizzard acquisition: Xbox parent says not releasing ‘Call of Duty’ on PlayStation will not be profitable

Aug 11, 2022 08:15 am UTC| Technology Business

Microsoft has responded to Sonys criticisms of its potential acquisition of Activision Blizzard. In a 27-page letter to Brazils competition regulator, the Xbox parent company has once again implied that Call of Duty will...

Coca-Cola HBC to acquire ESM Effervescent Sodas for €45 million

Aug 10, 2022 23:48 pm UTC| Life Economy Business

Coca-Cola Hellenic Bottling Company (Coca-Cola HBC) will acquire ESM Effervescent Sodas Management (ESM) from SICC Holding, for 45 million, subject to certain closing adjustments. As part of the acquisition, the...

Parkside to help Iceland supermarket chain develop recyclable paper packs for frozen food

Aug 10, 2022 23:47 pm UTC| Nature Economy Business

UK supermarket chain Iceland has tapped Parkside to replace its LDPE bag for its Northcoast frozen seafood range with a recyclable paper pouch designed to resist the frost and moisture in a freezer for prolonged...

Hormel revamps internal units to reflect acquisition of Planters peanut biz

Aug 10, 2022 23:47 pm UTC| Economy Business Life

Hormel Foods will reorganize to better reflect changes to its product portfolio and operations after acquiring the Planters peanut business from Kraft Heinz last year. CEO Jim Snee said the changes were also necessary...

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Economy

Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks

Canada is bracing for a new wave of 50% U.S. tariffs this week, raising concerns over job losses, weaker investment and fresh uncertainty surrounding the U.S.-Mexico-Canada Agreement (USMCA). U.S. President Donald Trump...

Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus

Wall Street closed lower Monday as investors stepped back following a record-setting week, while rising oil prices and persistent Middle East tensions weighed on market sentiment. The SP 500 fell 0.5% to 7,748.14, the...

Citadel Warns High Treasury Yields Pose Broader Market Risks

The Federal Reserves monetary policy strategy following the recent inflation surge is helping keep long-term US Treasury yields near multiyear highs, potentially creating wider risks across financial markets, according to...

Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz

Oil prices extended their gains Monday as escalating U.S.-Iran tensions over the Strait of Hormuz fueled concerns about global energy supplies and shipping disruptions. Brent crude futures for October delivery rose 2.5% to...

Dollar Slides as Soft U.S. Data Cuts Fed Rate Hike Bets

The U.S. dollar weakened against the euro and Swiss franc on Monday as softer economic data prompted traders to scale back expectations for another Federal Reserve interest rate hike. Concerns over U.S. economic growth...

Politics

Trump Says Kim Jong Un Responded to Outreach After US Scales Back South Korea Military Drills

U.S. President Donald Trump said Monday that North Korean leader Kim Jong Un has responded to his recent outreach, signaling renewed communication between the two leaders as Washington moves to reduce joint military...

Trump Says Iran Should Surrender as Nuclear Deal Talks Stall

U.S. President Donald Trump said Monday that Iran is unlikely to accept the agreement he considers necessary to end the war with the United States, insisting Tehran must surrender and abandon any path toward developing a...

Gérald Darmanin Backs Édouard Philippe for 2027 French Presidential Election

French Justice Minister Gérald Darmanin has thrown his support behind former Prime Minister Édouard Philippe for Frances 2027 presidential election, ruling out a potential bid of his own as the countrys...

Russia-Ukraine Drone Attacks Escalate as Strikes Hit Moscow, Kyiv and Romania

Russia and Ukraine exchanged major missile and drone attacks overnight, leaving several people dead and damaging industrial and commercial facilities as the war continues to intensify. Russian forces struck ArcelorMittal...

US CENTCOM Chief Praises USS Abraham Lincoln Crew Amid Mental Health Concerns

U.S. Central Command chief Admiral Brad Cooper praised the crew of the USS Abraham Lincoln following a recent visit to the aircraft carrier, describing their performance and resilience as awe-inspiring amid growing...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate

Anthropics annual revenue run rate surpassed $65 billion by the end of July, highlighting the artificial intelligence startups rapid expansion as it prepares for a potential initial public offering later this year. The...

Google to Buy Spirit Airlines Business Data for $10 Million to Train AI

Google, a subsidiary of Alphabet, has agreed to acquire internal business data from bankrupt Spirit Airlines for $10 million, with plans to use the information for product development and artificial intelligence training....

Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push

Alphabet, the parent company of Google, is preparing for its first-ever Australian dollar bond issuance as the U.S. technology giant explores new funding sources amid rapidly rising artificial intelligence investment. The...

Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push

Alibaba Group is reportedly selling its gaming subsidiary Lingxi Games in a transaction that could value the Chinese video game studio at more than $1.5 billion, as the technology giant redirects resources toward...

Nvidia’s $500 Billion AI Infrastructure Push Wins Morgan Stanley Support

Nvidia is doubling down on the artificial intelligence infrastructure boom with a plan to help mobilize as much as $500 billion in third-party capital, drawing participation from major financial firms including Apollo,...