Business Sun Times
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Nestle to plant 3 million trees in Mexico and Brazil
On March 6, 2020, Nestle S.A. unveiled a reforestation initiative that will see at least three million trees…
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Offshore leaks sparked changes on global tax policies
Malaysia, March 3, 2020 — cybernewschronicle.com — In 2013, the world was shaken by the International Consortium of…
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Amazon Removes Over One Million Products for Price Gouging Amid Pandemic
By March 3, 2020, Amazon had taken down more than one million items from its marketplace for violating…
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China’s Factory Activity Falls to Record Low of 35.7 in February
Asian stock markets posted gains on Monday, March 2, 2020, even as new data revealed the worst month…
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CapitaLand Freezes Managers’ Wages and Cuts Executive Pay as Coronavirus Hits Malls
CapitaLand’s shopping malls are emptier. Footfall has dropped more than 30 percent in some complexes. The developer owns…
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Jollibee Closes 14 Yonghe King Stores in China’s Hubei Province
Hubei, February 27, 2020 — cybernewschronicle.com — Jollibee lost 6.14% on Wednesday. That is a lot for a…
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Apple to Open First Official Stores in India This Year Finally
After ten years of relying on third‑party retailers and e‑commerce platforms, Apple has received approval from the Indian…
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Tim Cook Tells Shareholders Apple Will Open Its Own Store in India in 2021
Apple has been given the green light to open its first Indian store by 2021 after it received…
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Singapore companies cushion virus impact by imposing hiring, pay freeze
Singapore’s largest companies froze hiring and suspended pay rises on 26 February 2020 after the Ministry of Health…
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Bob Iger Steps Down as Disney CEO, Bob Chapek Takes Over
Disney Announces Leadership Change as Iger Steps Aside Walt Disney Company revealed on Tuesday that its chief executive,…
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South Korea Virus Cases Hit 833 as Church Cluster Spreads
The Korean won is sliding. The Kospi is down more than 3%. Hyundai Motor shares have plunged. These…
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Honda Shuts Philippine Plant, 387 Workers Displaced
Nearly 400 Filipino families face an uncertain future after Honda confirmed it will shutter its Laguna production plant…
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Honda to halt production in the Philippines, leaving 387 workers jobless
Laguna, Philippines, February 24, 2020 — cyberinktimes.com — Japanese automobile maker Honda announced that it will close its…
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Wells Fargo Pays $3 Billion Over Fake Account Scandal Settlement
A settlement announced February 21, 2020, requires Wells Fargo to pay $3 billion to resolve criminal and civil…
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In 2020, Indonesia Cut Rates Against the Virus Threat Despite No Cases at Home
On February 20, 2020, Indonesia’s central bank cut its benchmark interest rate by 25 basis points to 4.75%…
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Malaysia Glove Makers Hit by Raw Material Shortages
Malaysian factories that make disinfectants, hand sanitizers and rubber gloves are running short of raw materials and labour…
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Philippine Airlines Appoints New President and Increases Capital Stock
Philippine Airlines has implemented significant corporate changes, including a leadership transition and a major capital increase, as it…
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Lucio Tan Returns as PAL Holdings President
Lucio Tan is back in the cockpit. The 85-year-old billionaire, who built Philippine Airlines into a national institution,…
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Apple Says Coronavirus Will Leave It Short of March-Quarter Revenue Guidance
Apple’s global supply chain has a weak link, and it is China. The company confirmed February 18 that…
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Apple won’t hit revenue forecasts due to coronavirus
American multinational technology firm Apple said during the investor update that it will not meet its target earnings…
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Vietnamese Airlines Lose $430 Million in Revenue After China Flight Ban
The government’s February 1 flight ban to and from mainland China was not a suggestion. It was a…
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Philippines Receives Credit Rating Upgrade From Fitch Ratings Agency
On February 13, 2020, Fitch Ratings announced an upgrade for the Philippines, moving the country’s outlook to “positive”…
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Ola Launches Ride-Hailing Services in London with Safety Focus
Ola, the Indian ride-hailing company, commenced its services in London on Monday, February 10, 2020, marking a new…
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Ola launches in London, challenging Uber’s dominance with 20,000 drivers
London’s iconic black-cab drivers, known for their perpetually dour expressions, have fresh cause for discontent. On Monday, Ola,…
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CoreWeave’s GPU-backed debt fuels AI growth but triggers bond market fears
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Nidec Machine Tool Launches MVR-5X Double-Column Five-Axis Milling Machine
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Anthropic Delays IPO as Gartner Data Shows AI Costs Outrunning Projected Revenue
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AppLovin Hit With Securities Class Action Over Alleged Misstatements on AI Model Strength
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Asian Stocks Mixed as Investors Weigh Nvidia Fallout and Leadership Exit
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Tether Gold’s KPMG Audit Sets New Verification Standard for Tokenized Commodities
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US Market Volatility Persists as Investors Debate if Tech Selloff Has Bottomed
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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How European Airlines Use Financial Hedging to Weather Surging Fuel Costs
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How the Century-Old Jones Act Shapes Fuel Costs and Regional Shipping in Hawaii
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How Router Failures and Outdated Tech Triggered the Nationwide FAA Ground Stop
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Why Soaring Jet Fuel Costs and Surging Demand Mean High Airfares Are Here to Stay
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Private Equity Takeover of easyJet Risks Higher Fares and Service Cuts
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Copper Faces Tug-of-War Between Macroeconomic Headwinds and Structural Shortages
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Inside Archer-Daniels-Midland’s Strategy for Scaling Global Agribusiness
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How Shifting Macroeconomic Conditions Are Reshaping Global Commodity Market Allocations
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China’s New Trade Corridors: How State-Backed Buying Bypasses U.S. Commodity Suppliers
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security