Business

On Monday (September 19), the e-commerce behemoth Shopee announced more layoffs, the most recent in a string of actions taken in response to expanding losses and weaker sales growth. This morning, the layoffs were communicated within the company during town hall meetings with the affected employees. In response to questions regarding the layoffs that were announced on Monday, a representative …

Early on Sunday morning, a highway bus accident in the Guizhou province of southwest China claimed the lives of at least 27 individuals. According to a local media account, the bus was typically used to transport passengers to Covid quarantine facilities. According to the official Xinhua News Agency, which cited local authorities, the vehicle carrying 47 passengers overturned, and those …

Canva, an Australian firm, has been at the forefront of pushing the boundaries of how people convey information and stories ever since it was first introduced in 2013. After almost a decade, Canva is once again testing the limits of what is possible in terms of visual communication. This time, we will be taking on the legacy products of both …

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. The bartenders at the Kimpton Maa-Lai Bangkok Hotel poured dozens of bottles of the essential ingredients—gin, vermouth, …

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 …