Puma’s financial results hit by Argentina’s currency devaluation
German sports apparel retailer Puma announced today that its financial results for the fourth quarter of 2023 and the full year were impacted by Argentina’s [more…]
Author: A.R.
Tragic collision in Mongolian capital, firefighters killed, and 11 injured in explosive crash
In the heart of Ulaanbaatar, the Mongolian capital, a truck carrying 60 tons of liquefied natural gas and a car collided at a bustling intersection [more…]
Netflix surges as subscriber numbers soar and WWE deal announced
Shares of Netflix soared by 7% after the closing bell on Tuesday following the company’s announcement of a substantial increase in subscribers during the fourth [more…]
Procter & Gamble’s SK-II brand hit by anti-Japanese sentiment in China
Procter & Gamble (P&G) faced a significant setback as its high-end SK-II skin-care brand experienced a sharp 34% decline in sales within the greater China [more…]
Alphabet cuts ties with A.I. data firm, Appen, impacting thousands of workers
Alphabet, the parent company of Google, has severed its contractual ties with Appen, an Australian artificial intelligence data firm. This decision comes after a strategic [more…]
Former Forager CEO launches Cargado, aiming to revolutionize U.S.-Mexico cross-border logistics
Founder and former CEO of Forager, Matt Silver, has recently announced the launch of Cargado, a new venture focused on creating an integrated platform for [more…]
Swiss trade delegates engage in talks on cultural and economic collaboration with Tainan, Taiwan
The Trade Office of Swiss Industries Director Claudia Fontana Tobiassen and other Swiss officials engaged in discussions with Tainan Mayor Huang Wei-che in Tainan, aiming [more…]
Shenzhen Bay checkpoint to open 24 hours during Lunar New Year to accommodate mainland Chinese tourists
During the upcoming Lunar New Year holiday, the Shenzhen Bay checkpoint will operate around the clock for five consecutive days, from February 9 to 13, [more…]
Indonesia offers anti-submarine aircraft to the Philippines
Indonesia and the Philippines have been quietly strengthening defense support over the past decade, but recent developments have brought them into the spotlight. Indonesia’s offer [more…]
Pay-TV revenues in the MENA region are projected to decline, due to the growing popularity of OTT services and piracy issues
A recent report by Digital TV Research has forecasted a substantial decline of $1.6 billion in pay-TV revenues across the Middle East and North Africa [more…]