Jul 28, 2022 08:21 am UTC| Business Economy
Shopify Inc., the Canadian e-commerce firm headquartered in Ottawa, Ontario, is laying off 10% of its total workforce, and this was revealed on Tuesday, July 26. The move comes as the companys stock price drops by...
Sephora will start selling Glossier products in 2023
Jul 28, 2022 07:47 am UTC| Business Economy
Sephora will soon become a new outlet for the Glossier cosmetic brand. Glossier announced on Tuesday, July 26, that customers will now be able to buy its Boy Brow and Cloud Paint products at Sephora stores starting next...
Boston Red Sox inks $170 million jersey patch deal with MassMutual
Jul 27, 2022 20:18 pm UTC| Sports Economy Business
The Boston Red Sox has agreed to a ten-year jersey patch sponsorship deal with insurance company MassMutual worth $170 million, which could reportedly be as much as US$20 million per season when factoring in performance...
Kia uses Dead Army Skeleton Klub NFT characters in Soul ad campaign
Jul 27, 2022 19:37 pm UTC| Economy Business Life
Automobile manufacturer Kia has launched an NFT collection in collaboration with Dead Army Skeleton Klub (DASK) NFT characters on the Sweet platform as part of an ad campaign for the 2023 Kia Soul. The ad showcases...
Lufthansa calls off 1,000 flights as ground staff set to stage a walkout
Jul 27, 2022 09:49 am UTC| Business Economy
Deutsche Lufthansa AG, or simply Lufthansa, the flag carrier of Germany, announced it has called off more than 1,000 flight schedules as its ground staff is set to hold a one-day walkout for Wednesday, July 27. As per...
Nestlé invested $340M to open its Nescafe coffee plant in Mexico
Jul 27, 2022 09:13 am UTC| Business Economy
Nestlé announced the opening of its Nescafe coffee plant in Mexico on Tuesday, July 26. The Swiss food and beverage manufacturer shared it invested $340 million to build the facility. The new Nestle Nescafe...
S. Korea's ice cream exports hit all-time high of $50 million in H1
Jul 27, 2022 08:59 am UTC| Life Economy Business
South Koreas ice cream exports reached an all-time high of $50 million in the January-June period, up 14 percent from a year earlier, amid a global heat wave and the growing popularity of Korean culture. During the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects