The newly-appointed CEO of Starbucks, Brian Niccol, is facing criticism after it was revealed that he will commute nearly 1,000 miles from his home in Newport Beach, California, to Starbucks’ headquarters in Seattle using a […]
Apple’s latest advertising campaign, intended to highlight the creative potential compacted into its new iPad, has inadvertently ignited a storm of controversy. The ad visually represents creativity being compressed by destroying various objects, including musical […]
In Zimbabwe, small businesses are facing a major economic challenge due to soaring internet costs. Econet Wireless Zimbabwe, a primary mobile operator, recently doubled its data prices, causing a significant strain on entrepreneurs like Joyce […]
In the vibrant city of Copenhagen, known for its culinary prowess, a group of young entrepreneurs launched a revolutionary startup, Too Good To Go (TGTG), to address a critical global issue: food waste. This innovative […]
Rolls-Royce, the renowned engineering giant, has unveiled plans to cut up to 2,500 jobs worldwide in a bid to create a “more efficient and effective” organization. This decision marks the first significant action by Tufan […]
Microsoft has successfully closed its $69 billion deal to acquire Activision Blizzard, a significant move in the gaming industry. This acquisition was finalized after receiving the green light from the UK’s Competition and Markets Authority […]
Dr. Martens, the iconic bootmaker, is stepping up its sustainability game by launching a shoe repair service in the UK. This move is aimed at encouraging customers to prolong the life of their boots, thereby […]
Luckin Coffee, a prominent coffee chain in China, recently brewed up a storm with its new offering: an alcohol-infused latte in collaboration with Kweichow Moutai, China’s national liquor brand. On the first day of its […]
While other toy companies are struggling with sales slumps fueled by inflation, Lego is constructing positive results one brick at a time. The Danish toymaker saw a 1% rise in revenue during the first half […]
Kleenex, a household name for facial tissues, is saying goodbye to Canada due to “unique complexities,” as stated by Kimberly-Clark, the parent company of Kleenex. This decision highlights the importance of understanding market dynamics and […]
Tesla has announced price cuts for the second time this year in a renewed bid to outprice competitors and stimulate demand. Certain models have had their price slashed by 5-10%. This follows even higher cuts […]
Funko, the company behind Funko Pop! – those vinyl figurines with big bobbly heads, has recently announced its plans to bin $30 million worth of stock. Profits at the end of 2022 were waning as […]
Milk and sugar in your coffee? Pretty normal… How about some olive oil? Not so much! Well that is exactly what Starbucks are offering in their latest line of beverages! The coffee giant, with over […]
Yvon Chouinard, the billionaire founder of the outdoor clothing brand Patagonia has announced his intention to give away ownership of his company to a trust and non-profit organisation. The new ownership structure will ensure that […]
Price goes up, quantity demanded goes down – it is the law of demand and economics 101. Not in the case of Tesla apparently! The electric car manufacturer has recently announced soaring profits of $3.3 […]
On April 1st, the new UK plastic tax will come into effect. The levy on firms will charge £200 per tonne of plastic packaging containing less than 30% recycled plastic. The UK government, who announced […]
Following a high court ruling about Uber’s relationship with their customers, the price of each ride may be about to increase by 20%. The business was previously operated in a way whereby customers entered into […]
A new drug to treat Alzheimer’s has just been approved in the US but there is one big catch… it is really expensive! Priced at $56,000 for a year of treatment, the producer Biogen are […]
Fortnite, one of the most popular mobile games worldwide in the last few years, has been locked in an intense battle with Google and Apple since August 2020. The creators of the popular open world […]
Tata consumer products, a subsidiary of the Tata Group, one of India’s largest and most successful conglomerates, is in talks with Coffee Day to acquire the firms vending machine business. The move would bring another […]
As economies around the world continue to be shattered by the economic consequences of Covid-19, millions of business have found themselves running out of cash. Stemming from huge declines in demand for almost every good […]
One thing we will learn from this pandemic is that when people see a crisis coming, they buy A LOT of toilet paper.  The surging demand has been one of the most fascinating and […]
As the world’s economies continue to reel from the damage caused by the spread of Covid-19, Supercar manufacturer McLaren is the latest company to announce a huge wave of layoffs. The British based firm is […]
In recent years, the automotive industry has experienced a number of mergers leading to the market becoming increasingly dominated by a few large firms, who by joining forces are only getting larger. The proposed $50 […]
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