Kraft Heinz to split into two companies

Kraft mac & cheese and Heinz ketchup. Natalie Rice | CNBC Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. “Kraft Heinz’s brands are iconic and beloved, but the complexity of our current structure…

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Pickleball is just getting started in China

Sports club Suzhou Shishan opened the Chinese city’s first pickleball court in January 2024, according to the company. Suzhou Shishan BEIJING — While the U.S. pickleball craze is still going strong, China’s is only just getting started. Online sales of pickleball paddles and related equipment in China have skyrocketed this year to an average of…

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Asia markets mostly rise as investors assess SCO summit

Elizabeth Quay in Perth City Merr Watson/women Who Drone | Photodisc | Getty Images Asia-Pacific markets mostly rose investors assessed the Shanghai Cooperation Organization meeting of leaders in Tianjin, with tariff uncertainty weighing on sentiment. This comes after a U.S. federal appeals court on Friday ruled that most of President Donald Trump’s global tariffs are…

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