China’s Geely acquires 7.6% stake in UK’s Aston Martin
Oct 03, 2022 09:16 am UTC| Business Economy
Zhejiang Geely Holding Group Co., Ltd has purchased a 7.6% stake in Aston Martin Lagonda Global Holdings PLC, a London-based English manufacturer of luxury sports cars and grand tourers. Prior to this new acquisition, it...
Lindt wins case as Swiss court ordered Lidl to pull out Gold Bunny chocolate
Oct 03, 2022 08:53 am UTC| Business Economy
Lindt Sprngli AG, a Swiss chocolatier and confectionery company, has won a trademark lawsuit against Lidl. The win was revealed the past weekend, and now the court has ordered the latter to cancel the chocolate bunnies it...
Korean Air’s acquisition of Asiana expected to be approved by the UK, US
Oct 03, 2022 08:16 am UTC| Business Economy
Korean Air is in the process of acquiring Asiana Airlines, and the procedure requires approval from several countries competition boards. The flag carrier of South Korea is one of the top 10 largest airlines in the world,...
Nestle to ditch Indonesian palm oil supplier over abuse allegations
Oct 03, 2022 07:48 am UTC| Business Economy
Nestle is reportedly removing Astra Agro Lestari (AAL), an Indonesian palm oil producer, from its list of suppliers. The decision comes after the latter was accused of many rights abuse. Nestle SA vowed to sever its...
Kakao hiking up emoji prices for iOS users
Oct 03, 2022 07:47 am UTC| Business Economy
Kakao is set to raise the prices for its emojis, and this will affect users of iOS operating systems. The price hike was announced after Apple said last month that it would increase the price of in-app items in some...
Apple’s VP Tony Blevins leaves company over TikTok viral remarks
Oct 01, 2022 08:26 am UTC| Business Economy
Apples vice president Tony Blevins is stepping down after being caught on video spewing out unrefined comments. Unfortunately, this has circulated on social media and went viral on Tiktok. The Apple executive is said to...
Peloton, Dick’s Sporting Goods sign a deal to sell exercise bikes, treadmills in stores
Oct 01, 2022 08:08 am UTC| Business Economy
Peloton Interactive Inc. has teamed up with Dicks Sporting Goods to sell its exercise equipment and fitness accessories in the physical stores of the sporting goods retail company. This would be the formers first-ever...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects