Business

World’s largest coffee chain Starbucks closed more than 2,000 branches in China and became the first major American company to warn of sales hit due to the deadly coronavirus. Reports claimed that the figures represent half of Starbucks’ total stores in China, its biggest market outside the United States. It was in 1999 when Starbucks […]

VILNIUS, Lithuania: Lithuania says it has cut itself off entirely from gas imports from Russia. Apparently becoming the first of the European Union’s 27...

A week after Philippines’ Taal Volcano became active and spewed ashfall in several regions, lawmakers have finally allowed businesses in some affected areas,...

PETALING JAYA: The Semiconductor Equipment Manufacturers Industry, based in the US. Predicts that global sales of all semiconductor manufacturing equipment by original equipment manufacturers...

Malaysia is unlikely to enter a recession this year. According to Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus, as strong domestic...

The market value of Californian automotive company Tesla has increased by 7%, surpassing that of Ford’s and General Motors’ combined worth. For the first time,...

In an aim to cope with the financial damage caused by protests, Hong Kong’s Cathay Pacific Airways has offered up to one month of unpaid...

Mike Lynch, the former CEO of United Kingdom-based software company Autonomy, has been arrested over charges of fraud and conspiracy. Reports said that the entrepreneur...

Speaking at a Microsoft event in New York, the company CEO Satya Nadella expressed his remarks on the new Citizenship Amendment Act (CAA) of...

Shortly after Razer and Grab, world’s highest-valued FinTech company “Ant Financial” applied for a digital wholesale banking license in Singapore in its aim to promote...