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Rising obesity cases to hamper developing economies says report

Sep 27, 2022 23:33 pm UTC| Health Economy Business

Rising levels of obesity are set to cost the world economy 3.3 percent of GDP by 2060, slowing development in lower-income countries, according to a study published in BMJ Global Health. The conditions currently cost...

Hanwha eyes 49.3% stake in Daewoo Shipbuilding

Sep 27, 2022 16:18 pm UTC| Business Economy

Hanwha Group signed a conditional memorandum of understanding to acquire a 49.3 percent stake and managerial control of Daewoo Shipbuilding Marine Engineering Co. (DSME) The acquisition of DSME, the worlds...

Mubadala makes best offer for BPBunge while withdrawing Burger King Brazil offer

Sep 27, 2022 12:45 pm UTC| Business Economy

Mubadala made the best offer for ethanol joint venture BP Bunge Bioenergia while revoking its tender offer to buy a controlling stake in Brazils Zamp SA, owner of the Burger King Brazil. The Valor Economico newspaper...

McDonald's raises menu prices in Japan as yen sinks

Sep 27, 2022 09:33 am UTC| Business Economy

McDonalds is raising its menu prices in Japan, and this may affect about 60% of the restaurants offerings. It was reported that the increase is unavoidable due to the rising input costs and the exchange rates that are...

GSK allegedly poaches Burberry’s finance chief to form an all-female executive team

Sep 27, 2022 09:14 am UTC| Business Economy

GSK, a British pharmaceutical and biotech firm that was formerly known as Glaxo Smith Kline plc, announced that it had hired Julie Brown to be its new chief financial officer. The company said on Monday, Sept. 26, that the...

Netflix’s chief accounting officer ditches job post just 3 months after joining the company

Sep 27, 2022 08:37 am UTC| Business Economy

Netflix lost its chief accounting officer after Ken Barker submitted his resignation just three months after joining the company. With his decision to leave, he will also lose his $2.4 million salary. He was hired by...

Mazda, Toyota to end vehicle production in Russia

Sep 27, 2022 07:59 am UTC| Business Economy

Mazda Motor Corp. is reportedly in talks to end its production in Russia. The Japanese automaker has been building vehicles in Vladivostok as part of its joint venture agreement with the local carmaker called the Sollers,...

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Economy

China, the US, and India are expected to bear the brunt of the damage, with costs of $10 trillion, $2.5 trillion, and $850 billion.

Rising levels of obesity are set to cost the world economy 3.3 percent of GDP by 2060, slowing development in lower-income countries, according to a study published in BMJ Global Health. The conditions currently cost...

The acquisition of DSME, the world’s fourth-largest shipbuilder, boosts Hanwha’s key defense and green energy sectors.

Hanwha Group signed a conditional memorandum of understanding to acquire a 49.3 percent stake and managerial control of Daewoo Shipbuilding Marine Engineering Co. (DSME) The acquisition of DSME, the worlds...

Mubadala’s offer for BP Bunge Bioenergia could be worth over $1.7 billion.

Mubadala made the best offer for ethanol joint venture BP Bunge Bioenergia while revoking its tender offer to buy a controlling stake in Brazils Zamp SA, owner of the Burger King Brazil. The Valor Economico newspaper...

McDonald's Japan was forced to raise prices due to rising costs and weakening yen.

McDonalds is raising its menu prices in Japan, and this may affect about 60% of the restaurants offerings. It was reported that the increase is unavoidable due to the rising input costs and the exchange rates that are...

GSK appoints Julie Brown as its new CFO, and she is set to step down from her role in Burberry.

GSK, a British pharmaceutical and biotech firm that was formerly known as Glaxo Smith Kline plc, announced that it had hired Julie Brown to be its new chief financial officer. The company said on Monday, Sept. 26, that the...

Politics

Zelenskyy said in an interview with CBS that two more mass burial sites were found in Izium.

Ukrainian President Volodymyr Zelenskyy said authorities discovered two more burial sites in the now-reclaimed city of Izium. This follows the previous discoveries of burial sites in the area that led to the exhumations of...

Harris and Kishida stressed the importance of peace and stability in the contested waterway that China claims sovereignty over.

United States Vice President Kamala Harris and Japanese Prime Minister Fumio Kishida condemned China for its continued provocations in the contested Taiwan Strait. This comes as Harris is currently visiting the Asian...

A spokesperson for British PM Liz Truss said the government must control immigration in a way that also works for the country.

The spokesperson for British Prime Minister Liz Truss said this week that the government must control immigration in a way that works for the country. The comments come amidst reported calls by the interior minister for...

The EPA has launched the Office of Environmental Justice and Civil Rights aimed at helping minorities disproportionately affected by water and air pollution.

The United States Environmental Protection Agency unveiled its office for environmental justice over the weekend. The new office would be focused on the needs of minorities that have been heavily affected by...

The Moldovan government is considering revoking citizenship for Moldovans who hold dual citizenship that are joining Russian forces.

Moldovas pro-West president said Monday that the citizenship of its nationals who decide to fight for Russia in its war with Ukraine may be revoked. The move is being considered as part of the countrys sanctions for...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

Leaked technical specifications of the regular Pixel 7 model suggest very few changes from its predecessor

The regular Pixel 7 model is the subject of one of the latest Google leaks ahead of the companys launch event next week. And it appears that the upcoming device does not sport that many changes compared to its...

Report: Apple Pay Later feature could be delayed until spring 2023

Apple Pay users may have to wait longer than anticipated for the buy now, pay later feature. The new payment plan will be released as one of the new features in iOS 16, but a new report suggests the Apple Pay Later might...

A new MacBook Air with a larger 15-inch display is expected to be one of the new Apple devices to enter the market in 2023

Apple is expected to close this year with the announcement of new Mac devices next month. But reports on what products the tech giant plans to unveil in 2023 are already making the rounds online, and it might include an...

Google offers a closer look at Pixel Watch’s design ahead of October 6 event

There is only a little over a week left before Google launches a new slate of Pixel-branded devices, including the Pixel Watch. But thanks to a mix of early teasers and leaks, details about the smartwatchs design and...

Sony says a game’s 'premium release' should come first before it goes to a subscription service

Sony is adamant that subscription services like PlayStation Plus are not the best venue to launch new video games. A company executive said Sony prioritizes a new titles premium release but noted that PS Plus can serve an...

Digital Currency

FxWirePro- Top altcoins for the day (Strength index) (LINKUSD and UNIUSD)

FxWirePro- Top altcoins for the day (Strength index) (XRPUSD and CHZUSD)

Melania Trump unveils her newest NFT items featuring Christmas ornaments.

Law

The patents deal with cooling systems for electronic displays used in outdoor kiosks.

The Boeing Company failed in this most basic obligation by misleading investors in providing assurances about the 737 MAX’s safety.

After an investigation, the government has three options: challenge a merger in court, pursue remedies, or take no action, allowing the transaction to go through.

Life

The Urus Performante sets a new standard by raising the bar of a super SUV.

According to the jury, the Mitsubishi Outlander is an example of good use of space combined with stylish execution.

The pumpkin beer with a wheat base includes cranberry juice for a 5.3 percent ABV brew billed as being light in color with chamomile and cinnamon.

Nature

Rather than dispose of the bottles at their end of life, the Ball aluminum bottles will be turned into new ones within 60 days.

McDonald's China eyes young environmentally focused consumers with green marketing

The adhesive is biodegradable and compostable because it has been created with a high percentage of renewable, non-fossil-sourced components

Sports

The deal will kick in with Super Bowl LVII on 12th February 2023 in Glendale, Arizona.

The NBA’s Phoenix Suns were recently valued at more than US$2 billion by Sportico and US$1.8 billion by Forbes.

The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and practice tops from the start of the 2022/23 season

Technical Analysis

FxWirePro- Gold Daily Outlook

FxWirePro: GBP/NZD gains some upside momentum but still bearish

FxWirePro: GBP/AUD gains some upside momentum but still bearish

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Market Data by TradingView
Financial Markets by TradingView
Most Popular
1

Harris and Kishida stressed the importance of peace and stability in the contested waterway that China claims sovereignty over.

2

The Moldovan government is considering revoking citizenship for Moldovans who hold dual citizenship that are joining Russian forces.

3

The acquisition of DSME, the world’s fourth-largest shipbuilder, boosts Hanwha’s key defense and green energy sectors.

4

Report: Apple Pay Later feature could be delayed until spring 2023

5

A spokesperson for British PM Liz Truss said the government must control immigration in a way that also works for the country.

6

The EPA has launched the Office of Environmental Justice and Civil Rights aimed at helping minorities disproportionately affected by water and air pollution.

7

Mazda and Toyota decided to cease the production of their vehicles in Russia.

8

Netflix's chief accounting resigns after 3 months on the job.

9

GSK appoints Julie Brown as its new CFO, and she is set to step down from her role in Burberry.

10

Shinhan Bank and Naver jump into the food delivery biz to compete with the top 3 delivery brands in South Korea.

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