Nike, Amazon considering bids for Peloton acquisition
Feb 07, 2022 07:46 am UTC| Business Economy
Nike and Amazon may place bids for the acquisition of Peloton Interactive. The two major American companies are potential buyers for the troubled exercise equipment company. An insider stated that Jeff Bezos Amazon...
Burger King Spain try a new kind of business not related to fast-food
Feb 07, 2022 06:58 am UTC| Business Economy
Burger King Spain is trying something new, and it is not related to fast-food at all. The brand is known for its flame-grilled burgers and sides, but its new business is completely different. El Caso reported that...
Nexon stake purchased by Saudi Arabian sovereign wealth fund for $883 million
Feb 07, 2022 05:53 am UTC| Business Economy
Nexon Co., the South Korean video game company, reached a deal with Saudi Arabias Public Investment Fund (PIF) for the purchase of a five percent stake. The sovereign wealth fund invested $883 million for the stake...
Starbucks outpaces McDonald's, Subway in new store openings
Feb 06, 2022 22:29 pm UTC| Economy Business
Starbucks added 1,173 stores in the fiscal 2021 year, and 1,404 in the 2020 fiscal year to outpace McDonalds and Subway during the pandemic. McDonalds and Subway are the worlds two biggest fast-food chains. As of...
McDonald's Japan to again offer large-size French fries beginning Feb. 7
Feb 04, 2022 22:12 pm UTC| Economy Business Life
McDonalds Co. Japan will place its medium- and large-size French fries back on the menu to all of its 2,900 McDonalds restaurants across the country from 10:30 a.m. on Monday after suspending its sale for nearly a month...
McDonald's to add new burgers beginning Feb. 9 that borrow a lot from Wendy's
Feb 04, 2022 22:08 pm UTC| Economy Business Life
McDonalds will copy its rival Wendys signature square look for two new hamburgers to be offered in Japan from February 9 to the middle of March. Dubbed the Itta Ki Ni Naru NY Burgers, which means I Feel Like I Went to...
NFT: Cleveland Cavaliers to debut NFT collectibles, launch virtual locker for fans
Feb 04, 2022 09:25 am UTC| Business Economy
Cleveland Cavalier is set to launch its own non-fungible token collectibles and this move made the NBA team the latest in the league to jump into the world of NFTs. The team will also be introducing its virtual lockers...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects