World
Lego Shelves RPET Plan, Sticks with Oil-Based Plastics
In a significant development, the renowned Danish toy giant, Lego, has officially discontinued its ambitious initiative to substitute oil-based plastics with more eco-friendly alternatives in...
Oil Prices Approach $90 Mark, Supply Concerns Loom
Oil prices held steady near $90 per barrel in New York on Wednesday, propelled by dwindling global fuel supplies that enticed hedge funds back into...
Hollywood Studios and Screenwriters Strike Tentative Deal
In a momentous development for the entertainment industry, Hollywood studios collectively exhaled on Monday as they struck a tentative agreement with striking screenwriters, offering a...
Worries Mount as Chinese Property Stocks Hit Nine-Month Low
Chinese property stocks experienced a severe downturn on Monday, marking their most significant loss in nine months. The decline was attributed to growing concerns surrounding...
US Steel Acquisition: Stelco Holdings Makes Ambitious Move
In a bid to bolster its steelmaking assets and fortify its presence in the automotive metal supply market, Canadian steel manufacturer Stelco Holdings Inc. has...
McDonald’s Boosts Royalty Fees in US and Canada for 2024
McDonald’s Corporation has announced an increase in royalty fees for new franchise restaurants in the United States and Canada, as revealed in a letter obtained...
Russia’s Diesel Export Ban Raises Winter Supply Worries
Russia’s recent decision to impose a ban on the export of diesel and gasoline has sent ripples through the global fuel market., sparking concerns about...
Vietnam’s VNG Hits Pause on US IPO Amidst Market Flux
VNG Ltd., a prominent internet startup based in Vietnam, has opted to defer its plans for a US initial public offering (IPO), as disclosed by...
Intel Hit with €376M Fine by European Commission
In a decisive move, the European Commission (EC) has imposed a hefty fine of 376 million Euros ($400 million) on Intel for engaging in anti-competitive...
China Eases Rules for Cross-Border Money Transfers
In a bid to counter the decline in overseas investments and tackle an economic slowdown, China has reiterated regulations ensuring unhindered cross-border money transfers for...
