
McDonald's wasted millions on food, supplies it can no longer use after closing stores in Russia
Apr 29, 2022 10:00 am UTC| Business Economy
McDonalds closed its stores in Russia last month, and it turned out that it will not only be losing money from the sales, but its exit is costing much more than that. It was reported that the fast foods shutdown also...

Amazon Prime debuts movie rental service in India
Apr 29, 2022 09:31 am UTC| Business Economy
Amazon Prime Video will start offering movie rental services in India, and this was announced on Thursday, April 28. The American subscription video-on-demand over-the-top streaming and rental service firm made a promise...

Coca-Cola launches first fashion store in London
Apr 29, 2022 09:00 am UTC| Business Economy
The Coca-Cola Company opens its first flagship fashion store in London, and this is also the first in the whole of Europe. The high street fashion concept store has been built in the citys Covent Garden. As per The...

Ford cutting 580 jobs as it undergoes restructuring to focus on EVs
Apr 29, 2022 08:45 am UTC| Business Economy
Ford Motor is slashing jobs of its salaried and contract employees and about 580 staff are affected. The automaker is undergoing restructuring to focus on electric vehicles and unfortunately, the move will also lead to job...

LS Electric sets up its EV charging business
Apr 29, 2022 07:44 am UTC| Business Economy
LS Electric, a South Korean electric cable company, added a subsidiary unit to the company to run its new electric vehicle charging business. It was revealed by the firms officials on Thursday, April 27, that the...

Apr 29, 2022 07:29 am UTC| Business Economy
People in China will get to ride a taxi that has no driver, and this is the first time in the country. Baidu and Pony.ai, an autonomous driving start-up, shared on Thursday, April 28, that they have been granted permission...

Elon Musk buying more companies, jokes about acquiring Coca-Cola next
Apr 29, 2022 06:41 am UTC| Business Economy
Elon Musk has been all over the news recently as he was reported to be acquiring Twitter for $44 billion. Now his name is on the headlines again, and this time because he joked about taking over Coca-Cola next. The...