Rolls Royce employees getting £2,000 payment to help with the cost of living
Jun 21, 2022 09:02 am UTC| Business Economy
Rolls Royce Holdings is handing out 2,000 to its employees as payment to help them with the cost of living that has become unbearable these days. On Monday, June 20, the company informed its 11,000 staff that they would be...
Walmart and Sam's Club announce frequent salary hikes for pharmacy technicians
Jun 21, 2022 08:17 am UTC| Business Economy
Walmart and Sams Club are two of the leading names in the retail business in the United States. It was reported that these would be implementing new wage hikes for their pharmacy technicians. Sams Club is also owned by...
Tesla vehicles ban in China’s Beidaihe city for alleged fear of spying
Jun 21, 2022 06:55 am UTC| Business Economy
China has barred Tesla electric cars from entering the Beidaihe city for two months. The area is where the Communist party leaders meet, and it was feared that the EVs could be used to spy on the officials. According to...
TVing, Paramount Plus partner to rival Netflix Korea
Jun 20, 2022 10:20 am UTC| Business Economy
TVing, one of Koreas leading online streaming service firms, has teamed up with Paramount Plus, an American subscription video-on-demand service, to challenge Netflix in the Korean market. According to The Korea...
Meta to launch digital fashion store on Instagram and Facebook to sell Prada, Balenciaga
Jun 20, 2022 09:43 am UTC| Business Economy
Meta, the parent company of Facebook, is opening a digital clothing store where people can buy various outfits for their own avatars. Users can buy virtual clothes from high-end brands such as Prada and Balenciaga and then...
Korea to combat rising fuel costs by implementing higher tax cuts
Jun 20, 2022 09:09 am UTC| Business Economy
The prices of fuel are so high anywhere in the world today. In South Korea, it will try to fight the rising costs by expanding the tax cuts on fuel for up to the maximum cap of 37%. On Sunday, June 19, the South Korean...
Starbucks’ North American president leaving after 17 years as company reorganizes leadership
Jun 20, 2022 08:34 am UTC| Business Economy
The president of Starbucks North America, Rosann Williams, is set to be replaced by the companys Asia Pacific division head. She is leaving the coffee chain after 17 years of service. As per CNBC, her departure is part...
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