Bayer Proposes $7.25bn Roundup Settlement
Bayer has offered to pay $7.25bn (£5.35bn) to settle thousands of lawsuits in the United States alleging that its Roundup weedkiller causes cancer, as the company seeks to bring long-running
McDonald’s Faces Declining Sales as Inflation Drives Customers Away
McDonald's is grappling with declining sales as inflation pushes budget-conscious Americans to seek cheaper dining alternatives. The fast-food giant reported a 0.7% drop in sales at U.S. locations open for
Haribo Recalls Sweets in the Netherlands After Cannabis Traces Discovered
German confectionery brand Haribo has issued a recall of its Happy Cola F!ZZ sweets in the Netherlands after some packs were found to contain traces of cannabis. The recall was
World’s Biggest Illegal Sports Streaming Site Taken Down in Global Crackdown
The world’s most visited illegal sports streaming platform, Streameast, has been shut down following a joint operation between Egyptian police and the Alliance for Creativity and Entertainment (ACE), an international
Amazon, Hilton and Pepsi to Hire Thousands of Refugees in Europe
Amazon, Hilton Hotels, Adecco, and Microsoft are among the companies pledging to hire or provide career support to 5,000 Ukrainian and other refugees in Europe, in an effort to assist
Nintendo Switch Becomes Company’s Best-Selling Console Ever
Nintendo has confirmed that the Switch has become the most successful console in the company’s history, surpassing 155 million units sold worldwide since its launch in 2017. The milestone means
TikTok Owner ByteDance is Testing an Instagram Competitor Called Whee
ByteDance, the parent company of TikTok, is venturing into the realm of social media once again with the testing of its latest app, "Whee." This move comes amidst ongoing regulatory
Hackers Threaten to Leak Stolen Reddit Data if Company Doesn’t Pay $4.5 Million and Change Controversial Pricing Policy
Reddit is facing a potential data leak as hackers from the BlackCat ransomware gang threaten to release 80 gigabytes of confidential data stolen during a February breach, with demands for
World Bank Uncovers $32 Million Discrepancy in Nigeria’s Water Project Funds
The World Bank has reported a discrepancy involving $32 million in funds allocated to a water infrastructure project in Nigeria. The revelation was detailed in the organisation’s FY2024 Sanctions System
Del Monte Foods Files for Bankruptcy After 138 Years, Seeks New Ownership
Del Monte Foods, a household name in canned fruits and vegetables for over a century, has filed for Chapter 11 bankruptcy as it looks for a buyer to take over
BYD Unveils Luxury Sports Car as Competition Heats Up at China’s Largest Auto Show
Chinese electric vehicle powerhouse BYD has debuted a new luxury sports car under its premium Denza brand, furthering its push into the high-end automotive market and intensifying competition with global
Murdoch Family Succession Battle Ends With Lachlan Securing Control of Media Empire
The long-running power struggle over Rupert Murdoch’s vast media empire has come to an end, with his eldest son, Lachlan Murdoch, set to take full control of the family’s conservative-leaning
Coca-Cola and Pepsi Forced to Collaborate in Face of Environmental Lawsuit
In a historic turn of events, long-time rivals Coca-Cola and Pepsi have been compelled to unite against a common adversary: a lawsuit that accuses both companies of misleading the public
First Bank Secures Approval for 43-Storey Headquarters at Eko Atlantic
First Bank of Nigeria has received official approval from the Lagos State government to commence the construction of its 43-storey headquarters at Eko Atlantic City in Lagos. The certificate of
Stellantis Sues UAW Over Strike Threats, Alleging Contract Violation
Stellantis, the parent company of Chrysler, has filed a federal lawsuit against the United Auto Workers (UAW), accusing the union of breaching its contract by threatening a strike over delays
Trump Media Shares are in Free Fall
Truth Social's parent company, Trump Media & Technology Group, has seen a dramatic decline in its market value. The conservative social media company has experienced a staggering 50% drop in
When Brands fight for a cause: Adidas & Parley
An organization that genuinely supports a course allows consumers to create a strong affinity and loyalty for their brand. As a consumer, it becomes more imperative for brands to be
Xiaomi Ventures into Electric Vehicle Market, Set to Roll Out First EV Deliveries This Month
Chinese technology titan Xiaomi is poised to enter the electric vehicle (EV) arena, marking its debut in the fiercely competitive automotive industry with the imminent delivery of its inaugural electric
Samsung Faces Backlash Over Ads on Family Hub Refrigerator Screens
Samsung is under fire after beginning a pilot program that places advertisements on the screens of its Family Hub smart refrigerators in the United States. The move, which turns the
Hooters Shuts Multiple Locations Amid Economic Pressures
Hooters has announced the closure of several "underperforming" restaurants across the United States, attributing the decision to challenging economic conditions, including rising food and labour costs. "Like many restaurants facing
