Mar 09, 2022 13:21 pm UTC| Business
Decentralised Finance (or DeFi) has become a very popular buzzword in the cryptocurrency space. While the term is quite opaque and pertains to a multitude of different financial services, DeFi can be broadly defined as...

Adidas replaces China unit’s CEO to revive sales
Mar 09, 2022 10:13 am UTC| Business Economy
Adidas announced this week it has appointed a new chief executive for its business unit in China. It was reported that the change has been decided in an effort to bring back sales that it has lost recently in the Chinese...

Google unveils plans to acquire Mandiant cybersecurity firm for $5.4 billion
Mar 09, 2022 09:34 am UTC| Business Economy
Google revealed on Tuesday, March 8, that it is planning to acquire Mandiant, the publicly traded American cybersecurity company. The tech firm is investing about $5.4 billion for the purchase deal in its effort to provide...

Lululemon debuts footwear brand to rival Nike, Adidas
Mar 09, 2022 08:58 am UTC| Business Economy
Lululemon has jumped into the footwear business and effectively added a new category under its product list. With this new venture, its rivalry with Adidas and Nike is certainly going deeper. Lululemon is already...

NFT: Papa Johns NFT Drop proceeding despite warning from UK’s regulator
Mar 09, 2022 08:35 am UTC| Business Digital Currency Investing
Papa Johns is set to drop its newest non-fungible token (NFT) collection even if there was a warning from the United Kingdoms advertising regulator. Papa Johns is releasing a collection of 19,840 NFTs that have been minted...

McDonald’s finally shuts down 850 stores in Russia
Mar 09, 2022 07:25 am UTC| Business Economy
McDonalds announced on Tuesday, March 8, that it will be closing down its stores in Russia. The burger joint said that all of its 850 locations in the country would temporarily cease operations, and the decision comes...

Chick-fil-A opens first franchise restaurant in Puerto Rico
Mar 09, 2022 06:56 am UTC| Business Economy
Chick-fil-A just expanded its reach by opening its first franchise-owned store in Puerto Rico. It was reported that the branch was officially launched last week and is located at 250 Calle A Minillas Industrial Park in...