Ketchup maker Kraft Heinz invests $3 billion in US production modernization
According to Pedro Navio, president of Kraft Heinz North America, the modernization will help reduce costs by increasing plant efficiency, which in turn will help offset
May 19, 2025
KDDI to buy back shares worth $2.7 billion
Mobile phone operator KDDI is joining a trend of unwinding cross-shareholdings among major Japanese companies. Shareholdings in partner companies, once praised for
GSK to acquire liver disease drug for $2 billion
Efimosfermin, a monthly subcutaneous injection, is a Phase III drug expected to be launched in 2029 for the treatment of fatty liver disease (SLD). It is also currently
Those who don't work with AI may soon lose their jobs: Borodatyuk interview
A manager should be lazy, believes Artem Borodatyuk, co-founder of Netpeak Group. How does Netpeak Group implement AI tools into business processes? Why will the IT
Israel's presence still haunts Eurovision a year after major protests over Gaza war
About 200 pro-Palestinian protesters marched Wednesday in the Swiss city of Basel, where the games were taking place. Bookmakers suggest Raphael is likely to secure his place in the final…
Meta Faces in dispute over plan to use European data for AI
Its rollout on the continent has been delayed by more than a year due to overlapping European regulations on new technologies. Meta faces multiple privacy complaints in Europe VIENNA: A…
Israeli strike on Gaza hospital kills wounded journalist, Hamas says
Hamas said the strike killed a journalist and wounded several civilians. CPJ reports that at least 178 journalists and media workers have been killed in the Gaza Strip JERUSALEM: The…