
DoorDash starts laying off corporate employees
Dec 05, 2022 07:09 am UTC| Business Economy
DoorDash, the American online food ordering company, revealed its plans to let go part of its workforce last week. It said that it would have to lay off around 1,250 corporate employees, and in new updates, some people...

SM Entertainment to open its Southeast Asian HQ and retail store in Singapore
Dec 05, 2022 07:02 am UTC| Business Economy
SM Entertainment is building an office in Singapore, which will serve as its headquarters in Southeast Asia. the South Korean entertainment company will also be opening retail stores in the said country as part of its...

Malaysian bubble tea chain Tealive penetrates Canadian market
Dec 04, 2022 22:49 pm UTC| Life Economy Business
Malaysian bubble tea chain Tealive has expanded in North America with its first store in Ottawa, Canada. According to Tealive CEO Bryan Loo, North America was not their priority as they were focusing on developing in...

Starbucks opens first signing store in Indonesia
Dec 04, 2022 22:48 pm UTC| Life Economy Business
Starbucks has opened its first signing store in Indonesia and its 17th in the world at Central Jakarta through licensee partner Sari Coffee. Dubbed the Starbucks Tata Puri Community Store, the establishment is manned by...

Samsung to use HDR10+ in IPTV, gaming
Dec 04, 2022 21:51 pm UTC| Business Life Economy
Samsung Electronics Co. will expand the application of HDR10+ to IPTV and video games. HDR10+, a next-generation high dynamic range (HDR) video technology, delivers more vivid color displays by optimizing the level of...

India to stop subsidizing mediocre EV firms
Dec 03, 2022 14:06 pm UTC| Economy Business Nature
The Indian government will stop subsidizing electric vehicle companies that have received complaints, The government may also seek reimbursement from some of these firms. The Indian government has established an...

Nike, Adidas to cut order volumes by 40% as sales expected to drop
Dec 03, 2022 13:00 pm UTC| Life Sports Economy Business
Nike and Adidas will reduce their order volumes by 30 percent to 40 percent beginning next summer due to pandemic-related hurdles in China and the pullout of Russia. Both companies have reportedly notified their...