Italy Withdraws Support for STMicro CEO Chery, Management Team
The Italian government is withdrawing its support for STMicroelectronics NV Chief Executive Officer Jean-Marc Chery and his management team, Finance Minister Giancarlo Giorgetti said.
Tensions spiked between Rome and the French-Italian chipmaking venture after it rejected Italy's nomination of Marcello Sala to its supervisory board, a decision Giorgetti called 'incomprehensible, very serious and unacceptable.'
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Associated Press
14 minutes ago
- Associated Press
INTRODUCING TANGLE, A REVOLUTIONARY PROTEIN PASTA, TO THE U.S.
Published [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Samyang Foods Relaunches Their Instant Pasta Brand in the U.S., with New Look and Flavors LOS ANGELES, June 4, 2025 /PRNewswire/ -- Samyang Foods – best known as the parent company of social media's most popular instant noodles, Buldak – is reintroducing a different kind of instant noodle to the U.S. – instant pasta! Initially launched in 2023, Tangle is making a triumphant return to American grocery stores this year, with a fresh new look and four delectable flavors. Tangle is a revolutionary one-pot pasta (all-in-one pasta bowl) that combines bold flavor with effortless convenience. Driven by a passion for creating delicious, hassle-free meals, it features bouncy noodles paired with distinctive, chef-inspired sauces. Each bowl is designed to offer a filling, high-quality meal that's hot and ready in 5 minutes. Beyond convenience, Tangle also packs nutritional value, offering 15 grams of protein and 4-7 grams of fiber per serving. Tangle is available in four crave-worthy varieties tailored to American tastes: Tangle Garlic Oil: A nod to the Italian classic aglio e olio, this pasta features roasted garlic, premium Spanish olive oil and a dash of crushed red pepper for a subtle kick. Tangle Creamy Mushroom: A luxuriously creamy pasta, infused with deep umami from a blend of truffle, white mushrooms and shiitake mushrooms. Tangle Chunky Tomato: A hearty, comforting dish with generous chunks of tomato, elevated by robust notes of garlic and onion. Tangle Bulgogi Alfredo: A unique East-meets-West fusion, combining the sweet and savory essence of Korean bulgogi with rich, creamy Alfredo-style sauce and hints of bok choy, carrots, and onions. More than a fast fix, Tangle offers a fresh take on everyday dining that is perfect for busy professionals, on-the-go students, or anyone looking for a flavorful upgrade to their routine. With modern flavors and a streamlined experience, Tangle invites consumers to rethink what pasta can be – delicious and effortless. 'Tangle represents our vision to blend quality and ease in a way that feels exciting and new,' said Youngsik Shin, CEO of Samyang America. 'It's not just about saving time – it's about bringing joy to every bite.' Tangle is currently available at Kroger and Asian grocery stores nationwide, as well as online via and will be launching at BJ's Wholesale Club starting in July. All four flavor varieties come in single-serve bowls for $2.99 each, or multi-packs for $8.49 per 4-piece bundle. Visit and follow on Instagram (@tangle_pasta) and TikTok (@tangle_us) to keep up with new releases. ABOUT SAMYANG FOODS Samyang Foods is the originator of South Korea's first-ever instant ramen, launched in 1963, delivering much-needed sustenance in a convenient and affordable package. Over six decades, Samyang Foods's innovative thinking and creativity have broadened the culinary landscape, providing nourishment and exciting new flavors to the world. Samyang Foods is the parent company of globally beloved food brands – Buldak, Tangle and Samyang. Whether offering comfort and joy, or igniting diverse and fresh inspiration, Samyang Foods is committed to enriching lives and paving the way for a prosperous future. Visit to learn more. MEDIA CONTACT: [email protected] View original content to download multimedia: SOURCE Samyang Foods USA
Yahoo
18 minutes ago
- Yahoo
Czechs sign nuclear deal with S.Korea firm KHNP: PM
A Czech state-run company signed Wednesday a deal with South Korea's KHNP to build two nuclear reactors in the EU country after a court dismissed a bid by France's EDF to block the deal. A Czech court had blocked the multi-billion-dollar deal in May after French energy group EDF filed a complaint, questioning the transparency of the tender which it lost. But a higher court threw out the ruling on Wednesday over procedural flaws, enabling the government of Czech Prime Minister Petr Fiala to ink the deal. "A while ago we signed an agreement on the supply of two units for the Dukovany nuclear plant," Fiala told reporters. "We did our best to make sure the deal can be signed the instant the legal obstacles are removed," he said. He hailed the signature as a "fundamental step on the way to higher energy security and self-sufficiency". KHNP is due to build the two units at the southern Czech nuclear plant of Dukovany run by the state-run CEZ group. The Czech Republic, an EU member of 10.9 million people, relies on nuclear power -- produced by Dukovany and the Temelin plant also in the south -- for 40 percent of its electricity consumption. With the two new units and small modular reactors due to be built by 2050, the share of nuclear energy is expected to rise to 50 percent as the country shifts away from burning fossil fuels. Fiala said earlier KHNP won the tender as its bid was "better in all criteria assessed" than EDF's offer. On Wednesday, he said KHNP has vowed to hand 60 percent of the contract to Czech suppliers. KHNP has offered to build the two new units for around 200 billion Czech koruna ($9 billion) each. Prague expected to finalise the deal with KHNP by March this year, but complaints by EDF delayed the process. CEZ expects construction to begin in 2029 and the first new reactor launched in trial operation in 2036. frj/lth
Yahoo
18 minutes ago
- Yahoo
Farmers in EU raise alarm over Mercosur, Ukraine trade deals
By Sybille de La Hamaide and Inti Landauro PARIS/MADRID (Reuters) -French and Spanish farmers warned on Wednesday that a flood of imports under planned European Union trade agreements with South American bloc Mercosur and Ukraine risked severely undermining European agriculture. The concerns come ahead of Brazilian President Luiz Inacio Lula da Silva's official visit to France and the expiry on Thursday of a free trade deal with Ukraine, which is expected to shift to import quotas this summer. Lula said on Tuesday he would discuss the EU-Mercosur deal with President Emmanuel Macron, a strong critic of the agreement in its current form, which was finalised in December but still needs approval from member states. In a meeting with members of parliament, French farmers' groups urged Macron to rally enough partners to form a blocking minority against the Mercosur deal, which they say would be devastating for the beef, poultry and sugar industries and compromise the EU's ambitions in terms of food sovereignty. "It would be a real tragedy for our industry," Alain Carre, head of French sugar industry group AIBS said. "We're sounding the alarm." French farmers held nationwide protests last year over low incomes, rising costs, and competition from cheap imports, particularly from Ukraine and Mercosur countries, demanding fairer trade terms and lighter regulation. "Our demands (for an EU-Mercosur agreement) are simple: reciprocity of rules, traceability abroad and much clearer labelling," Jean-Michel Schaeffer, head of French poultry industry group Anvol, said. Meanwhile, a few hundred farmers protested in Madrid against cheap grain imports from Ukraine and other countries, saying prices have fallen below production costs. Spanish farmers are likely to lose 1 billion euros ($1.1 billion) this year, said Javier Fatas, a leader of farmers union COAG from the Aragon region in northeastern Spain. "This happens because of trade deals signed by Spain and the EU as part of geopolitics, bringing us prices too low to sustain our farms," Fatas said. He warned that genetically modified grains from Mercosur also created unfair competition, echoing French farmers' concerns. Wednesday's protest was peaceful, but only the beginning, he added. "Bad times are coming." Here are the main EU import quotas for Mercosur products in the agreement: Product Quota Volume Tariff / Note Beef 99,000 t 7.5% tariff Poultry 180,000 t 0%, phased in over 5 years Pork 25,000 t 83 euros/tonne Sugar 190,000 t 0% Corn (Maize) 1,000,000 t 0%, phased in Industrial 450,000 t 0% Ethanol Fuel Ethanol 200,000 t One-third of MFN tariff Rice 60,000 t 0% Honey 45,000 t 0% ($1 = 0.8770 euros)
