M&M’s maker Mars is buying Kellanova, the maker of Cheez-It and Pop-Tarts, in an effort to broaden its snacking portfolio and expand globally in what is being termed the biggest deal of the sector. Mars Inc said Wednesday that it will pay $83.50 per share in cash. The company put the total value of the transaction at $35.9bn, including debt. Kellanova was created last year when the Kellogg Company split into two companies. Chicago-based Kellanova sells many of the former company’s most profitable brands, including Pringles, Eggo, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of…
Author: THE CONNECTING NEWSPAPER
The World Health Organization declared Wednesday that the increasing spread of mpox in Africa is a global health emergency, warning the virus might ultimately spill across international borders. The announcement by WHO director-general Tedros Adhanom Ghebreyesus came after a meeting of the U.N. health agency’s emergency committee. The Africa Centers for Disease Control and Prevention declared mpox a public health emergency on the continent on Tuesday. WHO said there have been more than 14,000 cases and 524 deaths in Africa this year, which already exceed last year’s figures. So far, more than 96% of all cases and deaths are in…
By Anant Jayant Natu and Mitul Thapliyal India’s fiscal framework involves substantial transfers from the union government to sub-national agencies, like states and the urban local bodies (ULB), and further downstream to businesses and citizens. In the current fiscal year, the government of India (GoI), plans to transfer USD 266 billion, or 7 percent of India’s GDP, to states through Centrally Sponsored Schemes (CSS). The public finance systems that underpin these fiscal transfers are key to India’s ability to spend and spend well. In July 2023 the GoI rolled out SNA-SPARSH for “just-in-time” (JIT) release of funds allocated to the states under CSS. In theory,…
Last August 2-3 The picturesque town of Geel in Belgium flooded again with Reggae Lovers from near and far enjoying an array of performances on the main stage of the greatest international acts like Arrested Development, Luciano, Etana, BNXN, Alborosie, Postmen, T.O.K., Blvk H3ro, Jah-Lil, Omar Perry, Julian Marley, Skip Marley, and YG Marley. Hosted by Sheldon Shepherd. In the Bounce Dancehall, the visitors were entertained by various DJs and artists from around the globe like Bobby Konders, Warrior Sound, DJ MJ- Little Links, Skillibeng, D MAsta, Jamie Rodigan, Twinroot, Silly Walks Discotheque, and more!This photo set, shot by photographer…
Day 2 of the mission marked a continuation of the ECOWAS Field Monitoring and Evaluation Mission in The Gambia, with visits to the flood-affected communities of Nyofelleh , Fass Omar Saho, and Munyagen. This mission is designed to rigorously assess the effectiveness of the humanitarian aid provided in response to the 2022 flood disaster and food crises. During the visit, the delegation engaged with local beneficiaries, who conveyed their sincere appreciation for the assistance received from ECOWAS. This support has been instrumental in addressing critical needs, such as securing essential food items and repairing homes damaged by the floods. Beneficiaries…
Afrobeats is the sound that’s taken over the world, a genre pulsating with infectious rhythms and captivating artists. But what lies beneath the catchy tunes and electrifying performances? We’re about to embark on a journey into the heart of Afrobeats with the hottest podcasts of 2024!This list features a diverse range of shows, from interview-driven powerhouses like Osikoya Speaks, where industry stars peel back the layers of fame, to Kwality Kontent’s gamified experience. We’ve also got industry veterans like Joey Akan of Afrobeats Intelligence dissecting the intricate workings of the scene, alongside community-driven platforms like Afrobeats To The World Space,…
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The Seattle Kraken struggled to score last season, finishing 29th out of 32 teams while averaging just 2.61 goals per game. To help remedy the issue, the team signed center Chandler Stephenson and defenseman Brandon Montour in free agency. Although those signings were big moves for the young franchise, they failed to address the team’s need for a player who can consistently score 20-plus goals per season. Stephenson has scored 20-plus goals once in his 10-year career (in 2020-21) while Montour has never scored more than 16 goals in a season during his 10-year career. Here are three forwards on the trade…
Afghanistan’s rulers celebrate the anniversary of their return to power amid a worsening humanitarian crisis.Afghanistan’s Taliban has celebrated three years in power with a military parade, paying homage to its homemade bombs, fighter aircraft and goose-stepping security forces. The Taliban’s armed forces towed Soviet-era tanks and artillery pieces through Bagram, the former United States airbase, where Chinese and Iranian diplomats were among hundreds who gathered for the parade and speeches on Wednesday. The airbase served as the lynchpin for the US-led operations against the Taliban for two decades. Taliban forces seized Kabul on August 15, 2021, after the US-backed government…
The Citizens Budget Commission has launched a last-ditch effort to derail a four-year extension of a commercial property tax break that costs the city more than $500 million a year. In a letter to Gov. Kathy Hochul this week, the business-backed fiscal watchdog called on her to use an amendment procedure to extend the Industrial & Commercial Abatement Program for one year rather than the four years provided in a bill that passed in the last days of the legislative session in June — and renewed the program well before its expiration next year. The letter was first reported by…