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Home Business (page 19)

Business

Business News Today: Get all the Latest Business News, Market News, Asian and International Business News on the Asian Affairs.

Kanye West’s Adidas deal ‘under review’ amid ‘White Lives Matter’ shirt scandal

By Jasmine C.
October 7, 2022
in :  Business, Entertainment, Lifestyle
Kanye West’s Adidas deal ‘under review’ amid ‘White Lives Matter’ shirt scandal

Kanye West’s already tenuous relationship with Adidas is now “under review” in the wake of his recent “White Lives Matter” shirt incident. “After numerous attempts to quietly settle the matter, we have decided to reassess the collaboration,” the firm said in a statement released Thursday, according CNBC. During this period, we will continue to co-manage the present product. West, 45, …

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Robinsons Bank merges with BPI

By Noto
October 1, 2022
in :  Business, Philippines
Robinsons Bank merges with BPI

The Bank of the Philippine Islands (BPI), which is governed by the Ayala family, and Robinsons Bank Corporation (RBC), which is led by the Gokongwei family, made the announcement of their intention to merge on September 30. It was highlighted by the firms that BPI will emerge as the surviving entity before to the year 2023’s conclusion. As part of …

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Kimchi crisis unfolds as cabbage go scarce

By Noto
September 30, 2022
in :  Business, Economy, South Korea
Kimchi crisis unfolds as cabbage go scarce

The producers of kimchi in South Korea are going through a difficult time as a result of a lack of cabbages brought on by climate change, which has caused costs to skyrocket this year. This has compounded the harm caused by cheaper products made by Chinese competitors. Since kimchi, a spicy pickled side dish consumed daily by many Koreans and …

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Late Sultan’s heirs pursue Malaysian assets in the Netherlands

By Katherine S
September 30, 2022
in :  Business, Geo Politics, Malaysia
Late Sultan's heirs pursue Malaysian assets in the Netherlands

On Thursday, September 29, the heirs of a late Southeast Asian sultan asked a Dutch court for permission to seize Malaysian assets in the Netherlands, according to their lawyer. They were seeking enforcement of an arbitration award in the amount of $15 billion that had been granted to them against the government of Malaysia. The petition that was filed at …

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Amazon-made device that can track your breathing while you sleep

By Katherine S
September 29, 2022
in :  Business, Technology, World
Amazon-made device that can track your breathing while you sleep

Amazon made a number of product announcements on Wednesday, including an upgrade to its array of voice-controlled gadgets and e-readers, as well as a contactless device that can track people’s sleep. The online store claims that its sleep device, which is called Halo Rise and costs $139.99, monitors the temperature, humidity, and light levels in the room in addition to …

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Toni Gonzaga’s talent fee is an issue amid Shopee Philippines’ layoffs

By Katherine S
September 29, 2022
in :  Business, Philippines
Toni Gonzaga's talent fee is an issue amid Shopee Philippines' layoffs

The world’s largest e-commerce platform, Shopee, is coming under fire on the internet after it teased the identity of its newest ambassador, who netizens immediately identified as Toni Gonzaga. A “face reveal” event is scheduled to take place on September 29, but Shopee has already published a teaser video of its brand ambassador. Shopee came under fire from internet users …

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Netflix is opening its own video game studio

By Burapha
September 28, 2022
in :  Business, Technology
Netflix is opening its own video game studio

It once operated as a DVD distribution company, but it has now expanded its operations to include production and streaming. It would appear that Netflix is placing its next major wager on the development of the gambling industry. According to an announcement made by Netflix on Monday, the streaming media giant will establish its first in-house video game studio in …

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Shopee Philippines’ new ambassador is Toni Gonzaga

By Katherine S
September 28, 2022
in :  Business, Entertainment, Opinion, Philippines
shopee philippines' new ambassador is toni gonzaga

After Actress-host Toni Gonzaga and her husband filmmaker Paul Soriano had officially signed aboard former Senator Manny Villar’s Advanced Media Broadcasting System (AMBS) Channel 2, it would appear that Actress-host Toni Gonzaga is back to making significant waves in the endorsement arena as well. Just over two hours ago, Shopee Philippines had uploaded a short snippet with the caption “Finally …

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Philippines to ban 175 offshore gambling enterprises, deport 40,000 Chinese

By Katherine S
September 27, 2022
in :  Business, China, Economy, Philippines
Philippines to ban 175 offshore gambling enterprises, deport 40,000 Chinese

As part of a crackdown on the notoriously murky online gaming industry, the Philippines is going to stop the operations of 175 offshore gambling firms and deport approximately 40,000 Chinese workers, according to an official from the justice department who made the announcement on Monday, September 26. The industry first started up in the Philippines in 2016, and it has …

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The Chinese are wealthier than Europeans now

By Noto
September 26, 2022
in :  Business, China, Economy
The Chinese are wealthier than Europeans now

What is the richest country in the world? As a result of China’s skyrocketing economic growth, the typical Chinese citizen today has a higher standard of living than their European counterparts. When compared to the average person in Europe, an adult in China has a net worth of US$26,752 (AU$40,980), while the average person in Europe has a net worth …

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