KFC to expand its plant-based menu options as it believes faux fried chicken is the future
Sep 13, 2021 09:59 am UTC| Business Economy
KFC or Kentucky Fried Chicken is one of the most famous fast-foods in the world. And with the recent popularity of plant-based menu options that are being introduced in the leading restaurant chains, the company is also...
Nestlé, Starbucks broaden At Home product line with the launch of Starbucks Signature Chocolate
Sep 13, 2021 08:58 am UTC| Business Economy
Nestlé and Starbucks just expanded their collaboration by releasing a new product under their At Home coffee range. They announced the launch of the new Starbucks Signature Chocolate last weekend. According to...
Walmart cancels quarterly bonuses as it imposes wage hike
Sep 13, 2021 07:41 am UTC| Business Economy
Walmart will be removing the companys quarterly bonus incentives as it imposes a wage hike for its employees. It was said that the retailer already started to implement the hourly salary increase of 75% of its workers in...
Lotte Shopping, IMM Private Equity to jointly acquire Hanssem
Sep 13, 2021 06:12 am UTC| Business Economy
Lotte Shopping will be buying Hanssem, a large Korean furniture company. The retail company was said to have been chosen by the private equity firm, IMM, to sign a joint deal for the purchase of a stake worth ₩1.5 trillion...
Judge orders Apple to alow app developers to receive payments outside its platform
Sep 10, 2021 23:53 pm UTC| Economy Law
A federal judge granted an injunction sought by Epic Games by ordering Apple Inc. to allow developers from receiving payments outside its App store, taking a big bite out of the Phone makers profitability. The App Store...
Sotheby's sells 101 'Bored Ape' NFTs for $24.4 Million
Sep 10, 2021 23:48 pm UTC| Digital Currency Economy
Sothebys announced that a collection of 101 computer-generated NFT apes that is part of Yuga Labs Bored Ape Yacht Club collection had sold for $24.4 million. The collection has 10,000 unique NFTs featuring bored apes in...
S. Korea's regulator to probe unfair biz activity by online platforms Naver, Kakao
Sep 10, 2021 23:46 pm UTC| Economy Business
South Koreas antitrust regulator will closely inspect unfair business activity by online platform giants Naver Corp. and Kakao Corp. amid their increased market dominance. There are increasing concerns that the online...
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