Over four years post U.K.’s vote to break from the bloc, Prime Minister Boris Johnson and European Commission President Ursula Von der Leyen struck a historic deal Thursday on new Brexit trading arrangements, narrowly avoiding a disastrous no-deal, after tensions soared earlier this year. The government said it had reached a “zero tariff-zero quota deal” with the […]
Amazon this year reported its biggest ever online shopping season climbing up a whopping 60% in earnings from previous years. With sales up to $4.8 billion in the days following Thanksgiving, the platform is hardly alone in its boost up the charts with FedEx and UPS tagging along for the rise, and currently being utilised […]
A Hong Kong television station said on Tuesday about 100 staff were “affected” by a shake-up as it seeks to remain competitive in a challenging economic environment, a move that has re-ignited worries over media freedom in China’s freest city. Local media said 40 workers had been laid off from i-Cable, including the entire team […]
Apple has put its Taiwanese supplier Pegatron on probation after discovering last week that the company violated Apple’s code of conduct by asking student employees to work night shifts or overtime. The supplier has wilfully mis-classified student workers and falsified paperwork to disguise the violations, and in some cases also breached the code by permitting […]
Consumers worldwide snapped up everything from food to electronics to beauty goods Wednesday as retailers slashed prices for the largest ‘double 11’ online shopping bonanza, closely eyed by analysts this year for deeper insight on post-pandemic consumer sentiment. The marathon spending spree on the annual “Single’s Day” — so-called for its name-serving 11.11 date — […]
Indian Kashmir was hit Saturday by its biggest general strike since losing its semi-autonomous status last year, with local anger brewing over a new measure allowing outsiders to buy land in the disputed territory. The Himalayan region has been divided and disputed between India and Pakistan for more than 70 years and has seen decades […]
Samsung Electronics chairman Lee Kun-hee died at the age of 78 on Sunday, the company said. Lee, who turned the South Korean firm into a global tech giant, was left bedridden by a heart attack in 2014. “It is with great sadness that we announce the passing of Kun-hee Lee, Chairman of Samsung Electronics,” the […]
Crown Prince of Dubai and Chairman of The Executive Council of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum is all set to launch an AED500 million economic stimulus package to support various businesses across the emirates amid the pandemic. The new package brings the total value of stimulus packages introduced by the […]
Last week, at the campaign’s closing debates, President Donald Trump and Democratic challenger Joe Biden took up their final stances, shelving the chaos that presided over their previous face-off in favour of a more substantive exchange that highlighted vastly different approaches to the major domestic and foreign challenges facing the nation. They fought over several […]
The outbreak of Covid-19 is the best thing that ever happened to the mask industry, but it’s going to require a bit of cleaning up. Side effects of the boom include diplomatic spats, quality scandals, price gouging, and fraud. And dealing with excess capacity and a rising mountain of polypropylene waste will be a headache. […]
Forty-five years after founding his fashion group, Giorgio Armani came up with a new way of showing his latest catwalk creations on Saturday – a prime-time TV show. The show was one of the highlights of Milan’s fashion week, which has hosted a mix of live and virtual catwalks for its first edition since coronavirus […]
