Jeff Bezos’ new philanthropic aims to create the Bezos Day One Fund which will have sub funds catering to various interest groups, including providing full scholarships to pre-schools children in low-income communities and support existing NPOs that offer shelter and… Read More ›
HR & Organization
Henri Bendel’s brick-and-mortar stores and website to close on Feb 1, 2019
The closure of Henri Bendel by L Brands Inc, its parent, brings an end to a company which opened its first store in New York’s Greenwich Village in 1895. The owner of Victoria’s Secret – L Brands Inc – stated… Read More ›
Chung Eui-sun appointed to chief vice chairman of Hyundai Motor Group
Chung Eui-sun role includes helping the company manage trade dynamics in major markets midst a deteriorating global trading condition. On Friday, Hyundai Motor Group disclosed it has appointed Chung Eui-sun, who was so far vice chairman of the Hyundai Motor… Read More ›
Hershey Co acquires Pirate Brands from B&G Foods for $420 million
The acquisition will bring health conscious snack brands such as Original Tings, Pirate’s Booty, and Smart Puffs to its portfolio. Hershey Co disclosed its all-cash deal wherein it would be acquiring Pirate Brands from B&G Foods Inc for $420 million…. Read More ›
Nissan signs up U.S. Open champion Naomi Osaka as its next brand ambassador
The move is aimed at tapping Osaka’s youth, drive and Japanese roots to appeal to younger client base. On Thursday, Japanese automaker Nissan Motor Co stated, it has signed up U.S. Open champion Naomi Osaka as its next brand ambassador…. Read More ›
Canadian Foreign Minister Chrystia Freeland to travel to Washington for NAFTA negotiations
Canadian Foreign Minister Chrystia Freeland briefed Prime Minister Justin Trudeau twice in the spate of the 2 hours. For the second time in a few hours, Canadian Foreign Minister Chrystia Freeland briefed Canadian Prime Minister Justin Trudeau on the ongoing… Read More ›
Verbraucherzentrale (vzbv) to file class-action suit against Volkswagen on Nov 1, 2018
Volkswagen has maintained that there is no way consumers can establish intentional harm caused by dieselgate in Germany. On Wednesday, Verbraucherzentrale (vzbv), a German consumer protection organization stated, it would file a class action lawsuit against Volkswagen on November 1,… Read More ›
New York has become the world’s most attractive financial center
Brexit has cost London the title of the world’s most attractive financial center. According to the results of a survey released on Wednesday, New York, United States, has overtaken London as the world’s most attractive financial center following Britain’s decision… Read More ›
EU should play a more influential role internationally: EU President Jean-Claude Juncker
Is it not absurd that Europe pays 300 billion euros a year in US dollars while importing only 2% of its energy imports from the U.S.? On Wednesday, European Commission President Jean-Claude Juncker called on the European Union to promote… Read More ›
Greenland picks Denmark for airport projects over U.S. and China
Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›