China set to put up new stock exchange in Beijing
Sep 07, 2021 05:30 am UTC| Business Economy
China will be setting up its new stock exchange that will be based in Beijing. The government made the decision to give the countrys capital more influence in the business and finance sectors. According to CNN Business,...
Kellogg to invest $45 million in optimizing North American supply chain
Sep 07, 2021 05:16 am UTC| Economy Business
Kellogg will spend a cumulative pre-tax amount of approximately $45 million to increase productivity by shifting production to optimal lines across its North American supply chain network. According to Kellogg...
SM Entertainment, JYP, YG to take a hit with China's new entertainment regulations
Sep 06, 2021 09:57 am UTC| Business Economy
SM Entertainment, JYP, and YG are three of the major entertainment companies in South Korea and they are bound to take a hit as Chinas crackdown in its entertainment sector is now in full swing. According to The Korea...
Dollar stores expanding with the announcement of more openings in the US
Sep 06, 2021 09:09 am UTC| Business Economy
Dollar stores are expanding as it builds more outlets across the United States. It was reported that it is currently leading retail store openings in the country based on the data collected by Coresight...
Naver to benefit from 'Anti-Google law' in South Korea: Report
Sep 06, 2021 08:23 am UTC| Business Economy
Navers arm that operates the Naver Pay payment service is reportedly one of the companies that will benefit from the new Anti-Google law that was imposed by the South Korean government last week. The worlds first...
Kraft Heinz paying $62 million settlement over fraud case
Sep 06, 2021 07:15 am UTC| Business Economy
Kraft Heinz is settling the fraud case with the U.S. Securities and Exchange Commission over the reported inflation of profits, overstated cost savings, and deception of investors. Kraft Heinz will be paying $62 million...
Walmart announces pay raise for more than 565,000 employees
Sep 06, 2021 06:48 am UTC| Business Economy
Walmart will be issuing a new pay hike and around 565,000 employees will benefit from it. This just shows that even in this time of economic struggle due to the pandemic, workers can still secure more pay. John Furner,...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects