Kraft Heinz split: Steve Cahillane named CEO for Global Taste Elevation Co division; appointment effective January 1, 2026

Steve Cahillane to become CEO of KRaft Heinz, which currently in process of splitting (AP file photo) US-origin food MNC Kraft Heinz has tapped Steve Cahillane as the new CEO, effective January 1, 2026, as the company prepares for its division into two separate entities.He will subsequently lead the Global Taste Elevation Co., which will…

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NPS rules changed! Non-government subscribers can withdraw 80% of corpus from National Pension Scheme — new rules explained

In a significant overhaul of retirement withdrawal norms, exiting the National Pension System (NPS) has become more flexible for non-government subscribers. Under amended rules notified by the Pension Fund Regulatory and Development Authority (PFRDA), eligible NPS members can now withdraw up to 80 per cent of their retirement corpus as a lump sum at the…

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US labour market stumbles in November: Unemployment rate climbs to 4.6% despite addition of 64,000 jobs; highest since 2021

AI image (Representative) US saw a significant cutdown in jobs in November, marking a record unemployment high since 2021. It gained 64,000 jobs in November, over October’s loss of 105,000 positions, primarily due to federal workforce reductions under the Trump administration. The unemployment level increased to 4.6%, reaching its peak since 2021.The Labour Department’s delayed…

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