Fake Starbucks opens in Venezuela, and people line up for hours
Dec 29, 2021 06:00 am UTC| Business Economy
Starbucks has recently opened an outlet store in Venezuela, and it was a supermarket owner who set it up. The location of the store is a poverty-stricken area, so residents really lined up for hours to get a taste of...
Dec 29, 2021 05:48 am UTC| Digital Currency Economy
The Central Bank of Russia (CBR) is reviewing how to prevent Russians from investing in cryptocurrency, including blocking card payments to certain recipients such as crypto exchanges. The CBR may try to oblige banks to...
Dec 29, 2021 03:55 am UTC| Economy Life
Nike explores East Asian aesthetics in its latest reveal dubbed Shapeless, Formless, Limitless, which is among its limited-edition colorways to commemorate its Air Force 1s 40th anniversary. This iteration seems to draw...
McDonald's partners with IBM in providing more drive-through lanes
Dec 29, 2021 02:41 am UTC| Economy Technology Business
Fast-food giant McDonalds is partnering with IBM to add more automated drive-through lanes to more locations to minimize human mistakes and cut costs with fewer humans on its payroll. While automation has a big upfront...
Burger King operator tries his luck with Slim Chickens
Dec 29, 2021 01:48 am UTC| Economy Business
The former second-largest Burger King franchisee Al Cabrera has signed a 60-unit deal with Slim Chickens, seeking to open 40 restaurants in Indiana and 20 in southeast Florida. It costs about $1.1- to $3.4 million to...
Foxconn India prolongs closure of iPhone plant for this reason
Dec 28, 2021 10:33 am UTC| Business Economy
Foxconn, the tech company, headquartered in Tucheng, New Taipei City, Taiwan, has extended the closure of its plant in India that manufactures iPhones. The site has already been shut for a week now, and the company decided...
Ferrari dives into the NFT space via partnership with Velas
Dec 28, 2021 09:26 am UTC| Business Economy
Ferrari, the Italy-based sports car maker, has entered the non-fungible token sphere, and this was made possible through its newly-signed deal with Velas, an ecosystem of decentralized products that let people feel 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