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Marketmind: Try to top that one, Asia
Marketmind: Try to top that one, Asia
By Stephen Culp A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist.
2023-09-04 05:56
Nvidia's forward PE ratio tumbles to lowest in eight months
Nvidia's forward PE ratio tumbles to lowest in eight months
By Noel Randewich Increased analysts' estimates since Nvidia's strong quarterly report last week have left the world's most
2023-08-29 02:58
Domino's signs deal with Uber Eats in a bid to make more dough
Domino's signs deal with Uber Eats in a bid to make more dough
Domino’s Pizza said Wednesday it’s partnering with Uber Eats to make deliveries in the U.S. and 27 international markets
2023-07-13 05:22
Logan Paul’s Prime responds to backlash over energy caffeine levels
Logan Paul’s Prime responds to backlash over energy caffeine levels
Logan Paul and KSI’s Prime has defended the levels of caffeine in its beverages after facing a backlash. It comes after health experts called on the US Food and Drug Administration to investigate the energy drink company. A 12 oz can of Prime, which was founded by YouTube stars Logan Paul and KSI, contains 200mg of caffeine, equivalent to about half a dozen Coke cans or nearly two Red Bulls. The brand released a statement to People on July 11, saying: “PRIME Energy, sold in a can, dropped in 2023 and contains a comparable amount of caffeine to other top selling energy drinks, all falling within the legal limit of the countries it’s sold in.” Sign up to our free Indy100 weekly newsletter The spokesperson for the brand said that the drink “complied with all FDA guidelines” prior to hitting the market and indicated on the packaging that PRIME energy drinks are “not made for anyone under the age of 18.” “As a brand, our top priority is consumer safety, so we welcome discussions with the FDA or any other organisation regarding suggested industry changes they feel are necessary in order to protect consumers,” they added. Earlier this week, New York Senator Charles Schumer urged the FDA to launch a probe into Paul’s energy drink, which became an overnight sensation when it launched last year. “One of the summer’s hottest status symbols for kids is not an outfit, or a toy – it’s a beverage,” the Democratic senator said in a letter to the FDA. “But buyer and parents beware because it’s a serious health concern for the kids it so feverishly targets." Prime has become a phenomenon since being launched in 2022, 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. 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.
2023-07-15 17:51
Ripple Token Is Security in Institutional Sales, Judge Says
Ripple Token Is Security in Institutional Sales, Judge Says
A federal judge ruled that the Ripple Labs Inc. token is a security when sold to institutional investors
2023-07-14 00:29
Naspers, Prosus CEO Bob van Dijk steps down
Naspers, Prosus CEO Bob van Dijk steps down
JOHANNESBURG Dutch-listed technology investor Prosus NV and its South African parent Naspers said on Monday Bob van Dijk
2023-09-18 13:52
Custom® Building Products Unveils Revolutionary Single Component® Grout
Custom® Building Products Unveils Revolutionary Single Component® Grout
SANTA FE SPRINGS, Calif.--(BUSINESS WIRE)--Oct 23, 2023--
2023-10-24 02:29
Crunch time after string of aggressive central bank rate hikes
Crunch time after string of aggressive central bank rate hikes
LONDON It is crunch time. Major central banks have confounded economists with a string of interest rate rises
2023-09-14 21:45
Zoom forecasts current-quarter profit above estimates on strong enterprise demand
Zoom forecasts current-quarter profit above estimates on strong enterprise demand
By Jaspreet Singh (Reuters) -Zoom Video Communications forecast third-quarter profit above Wall Street estimates on Monday, a positive sign for
2023-08-22 06:15
Credit Suisse CDS Surge as Hedge Funds See Potential Trigger
Credit Suisse CDS Surge as Hedge Funds See Potential Trigger
An illiquid corner of swaps insuring Credit Suisse Group AG debt has surged back to life as some
2023-05-11 09:28
Brazil's central bank chief stresses currency's resilience amid easing cycle
Brazil's central bank chief stresses currency's resilience amid easing cycle
BRASILIA Brazil's central bank chief said on Friday that interest rate cuts will not lead to a significant
2023-11-17 23:50
Traders struggle to recover from selloff as Fed rate fears linger
Traders struggle to recover from selloff as Fed rate fears linger
Asian markets fluctuated Thursday following a plunge on Wall Street as a forecast-beating US jobs report revived worries about the...
2023-08-03 10:46