Workers at an iPhone factory in India run by a Taiwanese manufacturer vandalised it over claims that they were not been paid wages. This incident has prompted the iPhone maker Apple to start an investigation into it. People were seen… Read More ›
Strategy
UK Business Urged To Stop Using Slave Cotton From China’s Uighur
A member of an influential parliamentary committee in the United Kingdom has issued a warning to the country’s business and companies that they should inquire and investigate the source of the cotton that they are purchasing and using so that… Read More ›
SMIC’s joint-CEO resigns marking setback for company’s future technology progress
On Wednesday, China’s SMIC, the country’s biggest chipmaker said, it is aware that Mong-song Liang, intends to resign from the board. His role in the company was that of co-chief executive. SMIC is working to verify Liang’s plans to leave… Read More ›
BP takes majority stake in largest U.S. carbon offset developer
On Wednesday, in a statement oil major BP said, it has acquired a majority stake in Finite Carbon, the largest U.S. carbon offset developer as part of its climate goals; the move will also create a new revenue stream for… Read More ›
Travel bubble will separate travelers as Singapore open business to all countries from second half of January
On Tuesday, the government of Singapore said, it will open a new segregated travel lane for a limited number of officials, businesses, and high economic value travelers from all countries. The move is part of efforts to revive its key… Read More ›
China’s Contemporary Amperex Technology to invest $5 billion in lithium battery plant: Indonesia’s deputy minister
On Tuesday, in a statement Indonesia’s deputy minister at the coordinating ministry of maritime and investment affairs said, China’s Contemporary Amperex Technology (CATL) plans on investing $5 billion in a lithium battery plant in the country. The plant is scheduled… Read More ›
Britain’s JD Sports acquires U.S. based Shoe Palace for $325 million
On Tuesday, British sportswear retailer JD Sports said, it had acquired shoe retailer Shoe Palace for $325 million. The acquisition of Britain’s biggest sportswear retailer marks of U.S.-based Shoe Palace marks its intention of expanding its footprint in the U.S. market…. Read More ›
Hyundai Motor nominates Jaehoon Chang as Co-CEO and president
On Tuesday, in a statement, Hyundai Motor said, it has nominated Jaehoon Chang, the global head of its premium Genesis brand, as the joint CEO and president of the company. It went on to add, the existing co-CEO and president,… Read More ›
Boom In Japan’s Second-Hand Goods Market During The Pandemic
People in Japan were urged to reorganize their homes in to pass out time when the government of the country had announced a state of emergency there because of the novel coronavirus pandemic. Celebrity household organizer Marie Kondo had even… Read More ›
TikTok Rival Dubsmash To Be Purchased By Reddit
The social network company Reddit is set to become the latest company to slowly move into the social media space that is has been dominated by the China owned short video sharing app TikTok as the former announced its decision… Read More ›
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