PepsiCo’s Price Hikes, Steady Demand Add sparkle to Annual Forecast

PepsiCo’s Price Hikes, Steady Demand Add sparkle to Annual Forecast

PepsiCo Inc (PEP.O) raised its annual forecasts on Tuesday after price hikes undertaken to offset higher costs and steady demand helped the soda and snack giant beat first-quarter results. The

Over One-Fifth of UK Adults Not Actively Seeking Employment, Official Data Shows

Over One-Fifth of UK Adults Not Actively Seeking Employment, Official Data Shows

Official figures released indicate that more than a fifth of adults in the UK are not actively seeking work, raising concerns over workforce shortages affecting the nation's economy. According to

Volkswagen Reportedly Considers Cutting Up to 100,000 Jobs in Major Restructuring

Volkswagen Reportedly Considers Cutting Up to 100,000 Jobs in Major Restructuring

Volkswagen is reportedly preparing a sweeping restructuring plan that could see up to 100,000 jobs eliminated over the coming years as the German automotive giant responds to mounting financial and

Luxury Birkin Bags Seized From Jailed Vietnamese Tycoon Sell For Over $535,000

Luxury Birkin Bags Seized From Jailed Vietnamese Tycoon Sell For Over $535,000

Two luxury Hermès Birkin handbags confiscated from jailed Vietnamese businesswoman Truong My Lan have been sold for more than $535,000 during a government auction in Vietnam. According to reports, both

Airline Meals Used to be Plentiful and Luxurious. Here’s What Happened

Airline Meals Used to be Plentiful and Luxurious. Here’s What Happened

In an era when airline passengers once savoured gourmet meals at 30,000 feet, today's travellers are lucky to receive a pack of pretzels on short flights. The evolution of airline

Disney to Launch First Middle East Theme Park in Abu Dhabi

Disney to Launch First Middle East Theme Park in Abu Dhabi

The Walt Disney Company has revealed plans to open its first-ever theme park in the Middle East, marking a major expansion of its global entertainment footprint. The new resort will

Logan Paul and MrBeast Unveil Healthier Alternative to Lunchables with ‘Lunchly’

Logan Paul and MrBeast Unveil Healthier Alternative to Lunchables with ‘Lunchly’

YouTube sensations Logan Paul, MrBeast, and KSI have launched a new meal option aimed at providing a healthier alternative to Lunchables, a popular choice in the school lunch market. The

TikTok Accused of Recommending Pornographic Content to Children

TikTok Accused of Recommending Pornographic Content to Children

A new investigation has alleged that TikTok’s algorithm promotes pornographic material to underage users, even when parental safety features are switched on. Global Witness, a human rights campaign group, said

The Couple who Took on Google and Cost the Tech Giant £2bn

The Couple who Took on Google and Cost the Tech Giant £2bn

In a landmark case for tech regulation, British entrepreneurs Shivaun and Adam Raff took on Google over practices they say destroyed their price comparison site, Foundem. The couple’s legal crusade

CBN Raises Interest Rate to 27.25% in Fifth Consecutive Hike

CBN Raises Interest Rate to 27.25% in Fifth Consecutive Hike

The Central Bank of Nigeria (CBN) has once again raised the country’s interest rate, bringing it up by 50 basis points to 27.25%. This marks the fifth consecutive hike since

LL Flooring Files for Bankruptcy, Announces Closure of 94 Stores

LL Flooring Files for Bankruptcy, Announces Closure of 94 Stores

LL Flooring, previously known as Lumber Liquidators, has filed for bankruptcy and announced plans to close 94 of its stores across the United States. The flooring retailer, which has been

Toy Maker Recalls 7.5 Million Baby Shark Children’s Toys Due to a Risk of Impalement

Toy Maker Recalls 7.5 Million Baby Shark Children’s Toys Due to a Risk of Impalement

The US Consumer Product Safety Commission has announced the recall of 7.5 million Baby Shark bath toys following reports of injured children. Zuru LLC, the California-based company that imports these

Forza Horizon 6 Generates Over $140 Million Ahead Of Global Launch

Forza Horizon 6 Generates Over $140 Million Ahead Of Global Launch

Forza Horizon 6 is already recording massive commercial success ahead of its worldwide release, with reports indicating the racing game has generated more than $140 million from Premium Edition sales

Elon Musk’s Starlink to Launch on United Airlines Flights by Spring

Elon Musk’s Starlink to Launch on United Airlines Flights by Spring

United Airlines is set to introduce Elon Musk’s Starlink internet service on its flights, with the first commercial launch scheduled for spring. Testing of the high-speed satellite-based Wi-Fi will begin

Uber to Discontinue Drizly Alcohol Delivery App in Strategic Shift Towards Uber Eats

Uber to Discontinue Drizly Alcohol Delivery App in Strategic Shift Towards Uber Eats

Ride-hailing giant Uber has announced the closure of its alcohol delivery app, Drizly, just three years after its acquisition for $1.1 billion. The move is part of Uber's strategic consolidation,

Gazprom Records First Annual Loss in Over 20 Years Amid Europe Sales Decline

Gazprom Records First Annual Loss in Over 20 Years Amid Europe Sales Decline

In a significant financial downturn, Gazprom, Russia's state-owned gas giant, has reported its first annual loss in over two decades, amounting to 629 billion rubles ($6.9 billion) for the year

Pepsi Using AI to Track Consumer Demand, Speed Up Product Development

Pepsi Using AI to Track Consumer Demand, Speed Up Product Development

Food and beverage giant PepsiCo is incorporating artificial intelligence (AI) into its processes for tracking consumer demand and new product development, helping the company boost its sales and bring new

TikTok Founder Becomes China’s Richest Man

TikTok Founder Becomes China’s Richest Man

Zhang Yiming, co-founder of ByteDance, the parent company of the popular social media app TikTok, has ascended to the top of China's wealth rankings, with his fortune now valued at

Anthropic Suspends New AI Models Following US Security Concerns

Anthropic Suspends New AI Models Following US Security Concerns

Artificial intelligence company Anthropic has suspended access to its recently launched AI models, Claude Fable 5 and Mythos 5, after receiving directives from US authorities over potential national security concerns.

Reddit Faces Massive Wave of User Protests

Reddit Faces Massive Wave of User Protests

The Reddit community is currently in the midst of a significant rebellion. Many of the platform's most popular subreddits, where users gather to discuss various topics, have chosen to "go

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