Listeria Outbreak Linked To Big Olaf Creamery Ice Cream: CDC

A multi-state listeria outbreak that has killed one and sickened at least 23 others has been linked to Florida -based Big Olaf Creamery brand ice cream, according to the Centers for Disease Control and Prevention or CDC. The outbreak strain has been reported from 10 states, resulting in 22 hospitalizations. One death has been reported from Illinois. The CDC noted […]

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RBL Bank: Strange Corner Office Changes

One thing is for sure: It smacks of the regulator’s lack of confidence in the bank’s board, points out Tamal Bandyopadhyay. On June 19, 2018, the day ICICI Bank Ltd’s CEO and managing director Chanda Kochhar went on leave and Sandeep Bakhshi took over as its chief operating officer, the bank’s stock rose 4 per cent. Three-and-a-half months later, in […]

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This Is The Best Feature Of Amazon Prime

Amazon’s massive “Prime Day” sale is almost here. The event will be on July 12 and July 13 this year. No one should underestimate how important Prime Day is for the country’s largest e-commerce company. Traffic to Amazon.com and total revenue are said to be larger on Prime Day than any other day of the year, which includes the holiday […]

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Asian Markets Mostly Lower Amid Cautious Trades

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as investors remained cautious, while reassessing the outlook for the interest rate hikes by major central banks amid persistent inflation and a potential recession. The Asian markets closed mostly higher on Monday. Investors also await the U.S. quarterly GDP growth rate numbers […]

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Disney Shares Drop Almost 50%, Destroying Shareholders

Long-time shareholders of The Walt Disney Company are enraged. Its shares are down 45% over the last year, and much more from when they peaked last November. Disney has lost over $150 billion of its market cap since then. Disney was the envy of the multimedia industry for years. Under former CEO Bob Iger, it bested the results of other […]

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UK retailers looking further afield for post-Covid growth

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Experts at real estate advisory firm Colliers said demand for UK locations from international firms has also soared as the […]

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This Is the State That Will Grow the Most in the Next 20 Years

The U.S population barely grew from 2010 to 2020, based on historic standards. According to the Census Bureau, the total population of the United States on April 1, 2020, was 331.4 million, an increase of 22.7 million, or 7.4%, from 2010 – the slowest growth rate in decades. Since the census was finished, American population growth has slowed even more, […]

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Why FMCG firms’ margins may face pressure

Even as raw material prices start cooling off from their peaks, fast-moving consumer goods (FMCG) companies’ margins are expected to remain under pressure at least in the next quarter. This is because commodity prices continue to remain high year-on-year (YoY). Consumer companies will also continue to increase rates as they have been taking price hikes in a staggered manner. They […]

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