Digital Currency Revolution

Macy’s Launches Mstylelab, Its Metaverse-Based Digital Fashion Platform on Blockchain

Oct 19, 2023 08:05 am UTC| Business Digital Currency Investing

Macys, a major American department store chain, has ventured into the metaverse through its blockchain-backed digital fashion platform, Mstylelab, merging digital and physical shopping worlds. As per Chain Store Age,...

Toyota Extends Production Halt in Japan After Supplier Explosion; 13 Lines at 8 Plants Affected

Oct 19, 2023 07:59 am UTC| Business

Toyota Motor Corp has extended its partial production halt in Japan, affecting multiple facilities, following an explosion at a parts suppliers factory earlier this week. Disruption Widening with Multiple Production...

Nestlé Closing Wyeth Nutrition Plant in Limerick as Demand for Infant Formula Sinks

Oct 19, 2023 07:25 am UTC| Business

Nestle food company announced this week that it will shut down its infant formula manufacturing plant in Ireland as the demand sharply declined. The closure will result in the loss of jobs for about 542 workers. In...

Delta Air Lines Revises SkyMiles Program Amid Customer Backlash Over Elite Status

Oct 19, 2023 07:25 am UTC| Business

Delta Air Lines has amended its SkyMiles program following customer objections, particularly concerning the obstacles to gaining elite status and limitations on lounge access. Objections Raised over Elite Status and...

Starbucks Introduces New Cup Size in China to Combat Rising Competition

Oct 19, 2023 07:22 am UTC| Business

Starbucks Corporation launched a new cup size for its market in China. This is a smaller cup which the coffeehouse chain said is part of its new range called the Inteso Collection. Starbucks said the 259 ml. cup is...

Global Geopolitics Series

서구 기업들이 우크라이나 침공 이후 러시아에 '갇힌' 4 가지 이유

Oct 19, 2023 05:52 am UTC| Business

러시아가 우크라이나를 침공한 지 600일이 넘었지만 1,400개가 넘는 다국적 기업이 여전히 러시아에서 활동하고 있습니다. 2022년 2월 우크라이나가 우크라이나를 침공한 이후 서구 기업 중 소수만이 국내 사업을 폐쇄할 수...

Four reasons why western companies have been 'trapped' in Russia since it invaded Ukraine

Oct 19, 2023 04:47 am UTC| Business

More than 600 days since Russia invaded Ukraine, over 1,400 international companies are still operating in Russia. Only a small percentage of western firms have been able to close down their operations in the country since...