Business

The letter that was sent to Gap Inc. by Kanye West’s attorneys on Thursday (September 15) informed the clothing retailer that the rapper and fashion designer was terminating his partnership with the company because it had failed to meet its obligations under the contract. The letter was sent on the same day. According to the letter, which was accessed by …

According to two people familiar with the company’s plans, Tesla is reassessing the manner in which it sells electric cars in China, which is its second-largest market, and is considering closing some showrooms in glitzy malls in cities such as Beijing where traffic has dropped significantly as a result of COVID restrictions. The shift would put more emphasis on stores …

On September 12, a hotel in the capital of Thailand broke a Guinness World Record by making the world’s largest Negroni cocktail. The hotel used more than 630 liters (1,109 pints) of the bitter Italian drink to create the world’s largest Negroni cocktail. Related PostsCreamline heads to Thailand for an Asean Grand Prix appearanceForeign capital is safe in the UAE’s …

Capital A, which was formerly known as AirAsia Group, is actively establishing other businesses in Indonesia in order to diversify its portfolio and increase the amount of revenue it generates from sources other than airlines. In its most recent round of growth, the firm intends to extend its online ride-hailing services to the lucrative tourist destination of Bali, Indonesia, in …

The Little Women replica from South Korea has already been accused of plagiarizing the original show after only airing its first two episodes. The parallels between the drama’s poster and a promotional material released in 2016 by the Japanese cosmetics firm Shiseido were first brought to light earlier this week by internet users. According to them, both include a background …

According to an announcement made by the conglomerate on Monday, September 12, Fernando Zobel de Ayala has resigned from his positions as vice chairman of the board, president, and chief executive officer of Ayala Corporation effective immediately. In addition, Zobel resigned from his positions on the boards of directors of several Ayala corporations, including Bank of the Philippine Islands, Globe …

In the city of Banjarmasin, South Kalimantan, 41-year-old Zainal Ridho is the proprietor of a car rental business. Previously, the day charge for his Toyota Innova was 800,000 rupiah (US$54), which included the price of subsidized Pertalite fuel. In response to the common expectation that the government will soon increase the price of subsidized fuel, he hiked the price to …

Filming of the sixth and final season of the Emmy Award-winning drama The Crown, which is produced by Netflix Inc., was halted on Friday, September 9, after the passing of Britain’s Queen Elizabeth, who played a significant role in the series. The streaming service announced that work had been halted “out of respect” for the king, who passed away on …

Jim Ryan, the head of gaming at Sony Group Corporation, referred to an offer made by Microsoft Corporation to keep the “Call of Duty” series available for a limited period on PlayStation as “inadequate.” Xbox manufacturer Microsoft made the announcement in January that it would be purchasing “Call of Duty” developer Activision Blizzard Inc ATVI.O for $69 billion. The company …

Foodpanda, a company that provides delivery services, has terminated the employment of some of its employees in Singapore due to the “urgent necessity” to lower costs and make progress toward profitability in order to maintain its position as a market leader. Wednesday (September 7), in answer to questions posed by CNA, Foodpanda stated that its parent business, Delivery Hero, is …