Business
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Heineken Invests US$183M in Brazil Brewery Expansion
Heineken NV announced an 865 million reais (US$183.14 million) expansion of its Ponta Grossa brewery in Brazil on…
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Increasing corporate misdeeds in Malaysia could be due to weak government policies, analysts say
Malaysia, March 12, 2020 — cybernewschronicle.com — Amid its remarkable rise from the pre-crisis era that allowed economic…
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IATA Raises Airline Revenue Loss Forecast to Between $63 Billion and $113 Billion
The ominous $113 billion revenue shortfall projected by the International Air Transport Association (IATA) for global airlines is…
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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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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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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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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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Airbnb Bars Canadians Under 25 From Booking Whole Homes Near Where They Live
Effective this month, Airbnb will prevent the majority of Canadian travelers aged 18‑24 from reserving entire homes within…
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Airbnb Restricts Under-25 Rentals to 3 Positive Reviews
Canada, February 8, 2020 — cybernewschronicle.com — Three positive reviews. That is the only escape hatch for Canadian…
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Singapore Revises Investor Programme for Fast-Growth Firms
Singapore’s Global Investor Programme has been around for years. It was a door for the wealthy — established…
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Singapore revises residency scheme to attract more investors
Singapore revised its Global Investor Programme (GIP) on February 2, 2020, to broaden eligibility for permanent residence to…
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Companies Close Stores and Cut Travel to China as Coronavirus Spreads
On February 2, 2020, a wave of voluntary operational suspensions swept through mainland China as prominent international corporations…
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Starbucks Closes 2,000 China Stores Amid Coronavirus
On January 30, 2020, Starbucks, the world’s largest coffee chain, closed more than 2,000 branches in China, becoming…
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Starbucks sales hit as 2,000 stores in China shut amid coronavirus
On January 30, 2020, Starbucks, the world’s largest coffee chain, closed more than 2,000 branches in China, becoming…
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Jollibee Raises $600 Million in Landmark Perpetual Securities Offering
On 21 January 2020, Jollibee Foods Corporation (JFC), the Philippines’ leading fast‑food chain, completed its inaugural issuance of…
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Philippines’ Jollibee continues overseas expansion after raising $600m from bond sale
Jollibee Foods Corporation, the Philippines’ largest fast-food operator, raised $600 million from its first ever issuance of perpetual…
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Britain’s Beales Department Store Chain Collapses into Administration
The 140-year-old department store chain Beales is racing against time this week to secure a buyer or revised…
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Thai Regulator Freezes Tesco’s $10 Billion Store Sale
Bangkok – The Office of Trade Competition Commission (OTCC) moved to halt the proposed sale of Tesco’s Thai…
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Flybe Reaches Government Rescue Deal to Avoid Collapse
On 14 January 2020 the UK‑based carrier Flybe confirmed that its flights would continue as scheduled, even as…
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Economists put Australia’s bushfire cost above $2 billion and still climbing
Several companies in Australia, including resorts, factories and insurance firms, have been reportedly hit as the summer’s devastating…
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Uber Co-Founder Travis Kalanick Resigns from Company Board Effective December
Travis Kalanick, the 43-year-old co-founder of Uber, will resign from the company’s board of directors effective December 31,…
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Older Homeowners Dominate 2026 Housing Market as First-Time Buyers Struggle
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Why Fraud and Phishing Now Dominate Gallagher New Zealand Cyber Insurance Claims
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Cotality Report: Louisiana Leads U.S. States in Extreme Weather Homeowner Losses
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Home Depot Stock Jumps 7% as Democrats Sweep Congress and Housing Hopes Rise
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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
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Spain Withholds 12% of Olive Oil to Prop Up Prices
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Kotak Neo’s Banerjee Ties Gold, Rupee and Copper to Crude Volatility and Fed Rate Hikes
