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Japan says one in 10 residents are now octogenarians as nation turns gray
Japan says one in 10 residents are now octogenarians as nation turns gray
More than 10% of Japan's population is now age 80 or older, the government said Monday, the latest worrying milestone in the rapidly graying country's demographic crisis.
2023-09-18 15:24
Engines on some Airbus jets with Pratt & Whitney engines will need to be removed and inspected
Engines on some Airbus jets with Pratt & Whitney engines will need to be removed and inspected
Some Airbus passenger jets will need to have their engines removed and inspected in the coming months because engine maker Pratt & Whitney is finding a problem with metal powder used in some parts
2023-07-26 02:19
Manulife Sees BOJ Avoiding Rate Increases as Global Growth Slows
Manulife Sees BOJ Avoiding Rate Increases as Global Growth Slows
The Bank of Japan is likely to refrain from raising interest rates in the coming year as the
2023-11-29 14:57
Sony Honda Mobility could procure EV batteries from US, president says
Sony Honda Mobility could procure EV batteries from US, president says
TOKYO Sony and Honda's automotive joint venture could procure batteries for its new Afeela electric vehicle from the
2023-10-25 15:54
Volkswagen says commodity markets still uncertain after Q3 hedge hit
Volkswagen says commodity markets still uncertain after Q3 hedge hit
BERLIN (Reuters) -Europe's largest automaker Volkswagen on Thursday warned the outlook for commodity markets remained uncertain after confirming it took
2023-10-26 14:51
'Like a video game': Japan's gangs hire online
'Like a video game': Japan's gangs hire online
Risa Yamada grew up fatherless and struggled to find consistent work until she stumbled on an intriguing job listing: one of a growing number of advertisements posted on...
2023-11-09 12:24
Merrick Garland Says Hunter Biden Probe Conducted Without Interference
Merrick Garland Says Hunter Biden Probe Conducted Without Interference
Attorney General Merrick Garland told members of Congress that he hasn’t interfered with the Justice Department investigation into
2023-09-21 04:18
How much money would KSI and Logan Paul lose if it was banned?
How much money would KSI and Logan Paul lose if it was banned?
Boxer and rapper KSI and YouTuber-turned-WWE-star Logan Paul sure have hit the jackpot with their drinks company Prime, to the extent it’s sold for ridiculous prices, made one shop in Wakefield go viral, and even been reviewed by foul-mouthed chef Gordon Ramsay. The collaboration between Paul and KSI (real name Olajide “JJ” Olatunji) was announced back in January last year, with the pair just recently touring Munich, Barcelona, Copenhagen and Oslo to promote the drink. Prime has even become the drinks partner for both Arsenal and Barcelona football clubs. However, such success has also caught the attention of legislators, with one US senator, Democrat Chuck Schumer, calling for the company to be investigated by the Food and Drugs Administration (FDA). In a letter to the regulator, Mr Schumer wrote: “A simple search on social media for Prime will generate an eye-popping amount of sponsored content, which is advertising. “This content and all the claims made should be investigated, along with the ingredients and the caffeine content in the Prime energy drink.” Sign up to our free Indy100 weekly newsletter While Prime Hydration is caffeine-free, the Prime Energy brand contains 200mg of caffeine per 12 ounces, which is about the same as six cans of Coca-Cola or almost two Red Bulls. On Twitter, Mr Schumer went further and claimed the drink contains so much of the stimulant that it “could endanger kids’ health”, but is being “marketed to kids” anyway. “Parents and paediatricians are worried. The FDA must investigate Prime for its absurd caffeine content and its marketing targeting kids on social media,” he wrote. Representatives for Prime, meanwhile, argue the product is clearly labelled as “not recommended for children under 18”. Although the FDA is yet to announce an investigation into the drinks brand, and therefore it’s not yet at risk of being banned in the US, how much money would KSI and Logan Paul stand to lose if such a decision was ever taken? Some insight into just how popular the brand is was given by Paul during an interview on the Australian radio show The Kyle and Jackie O Show in February, in which he said they had garnered “$250m in retail sales [and] $110m gross internally”. “In January of this year, we did $45m,” he added. But of course, Olatunji and Paul won’t see all of that money, with Prime being part of the Congo Brands company and the YouTuber duo reportedly having a combined share of 20 per cent in the brand. Although we don't have the exact estimations, but we imagine the answer to the big question is that the pair would certainly lose a lot of money if they were blocked from selling in a market as big as America. That’s yet to happen, though, and so instead, Prime looks to be getting more and more popular… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-10 22:16
Higher gas prices lift Fed's preferred inflation gauge but underlying price pressures remain mild
Higher gas prices lift Fed's preferred inflation gauge but underlying price pressures remain mild
An inflation gauge closely tracked by the Federal Reserve accelerated in August, boosted mainly by higher gas prices
2023-09-29 20:46
Thai economic recovery intact but inflation could impact growth - central bank chief
Thai economic recovery intact but inflation could impact growth - central bank chief
BANGKOK Thailand's economic recovery is intact but inflation risks could weigh on the country's growth outlook, the central
2023-10-04 11:17
Singapore June Inflation Eases to 4.2% on Cheaper Imports
Singapore June Inflation Eases to 4.2% on Cheaper Imports
Singapore’s core inflation rate cooled in June to the lowest level in little over a year as import
2023-07-24 13:52
Merck signs $5.5 billion deal with Daiichi for cancer therapy development
Merck signs $5.5 billion deal with Daiichi for cancer therapy development
TOKYO (Reuters) -Japan's Daiichi Sankyo announced on Friday a $5.5 billion agreement with Merck to jointly develop its three precision
2023-10-20 09:25