In a surprising move in 2021, Saudi Arabia declared that, by 2024, international companies without regional HQs in the country would no longer be eligible for business. (Photo: Wikipedia)
Estimated read time 3 min read
Business Saudi Arabia

Saudi Arabia stays firm, foreign companies must relocate regional HQ by 2024

  • Post Date 10/27/2023

In a bold and surprising move back in February 2021, the Saudi government sent shock waves through the international business community by announcing that, by [more…]

Shein and Forever 21 are set to introduce a jointly branded fashion collection, with a primary focus on sales through Shein's website. (Photo: Next Shark)
Estimated read time 3 min read
Business China U.S.

Shein and Forever 21 unite for a retail dream team

  • Post Date 10/27/2023

In an unexpected turn of events, two giants in the fashion industry, Shein and Forever 21, have set aside their rivalry to create a co-branded [more…]

On October 25, the inaugural Global Gateway Forum commenced in Brussels, gathering 90 high-ranking government officials from over 20 countries. (Photo: Global Gateway Forum)
Estimated read time 4 min read
Business European Union

EU’s Global Gateway program challenges China’s Belt and Road Initiative with multimillion-dollar deals

  • Post Date 10/26/2023

Brussels – The European Union (EU) has taken a significant step in its ambition to provide a sustainable alternative to China’s Belt and Road Initiative [more…]

(Oct. 26) Manila, Philippines - Transportation Secretary Jaime Bautista reveals Incheon International Airport Corp.'s interest in NAIA operations and maintenance contract worth P170.6 Billion ($3 billion). (Photo: FIle | Manila Times)
Estimated read time 3 min read
Business Philippines South Korea

Incheon airport operator joins bid to transform Manila’s international airport

  • Post Date 10/26/2023

The competition for the highly-anticipated contract to operate and maintain the Ninoy Aquino International Airport (NAIA) has intensified as Incheon International Airport Corp., the operator [more…]

The CDC has issued a food safety alert for specific diced onion products from Gills Onions associated with the outbreak. The company issued a voluntarily recall. (Photo: FDA)
Estimated read time 2 min read
Health & Fitness U.S.

73 Salmonella cases across 22 states, CDC issues food safety alert

  • Post Date 10/26/2023

In a growing health crisis, a multistate salmonella outbreak has swept across 22 U.S. states, resulting in at least 73 reported cases and 15 hospitalizations, [more…]

Both Hasbro and Mattel are anticipating challenges in the upcoming critical fourth quarter as consumer spending slows due to inflation, potentially impacting their signature toys and games. (Photo: Reuters)
Estimated read time 3 min read
Investing & Markets U.S.

Toy giants brace for a challenging holiday season

  • Post Date 10/26/2023

Shares of toy-making giants Hasbro and Mattel took a nosedive on Thursday as both companies indicated that sales might slow down in the critical fourth [more…]

On Wednesday, U.S. President Joe Biden and Australian Prime Minister Anthony Albanese forged a pact to broaden their defense partnership with Japan, encompassing unmanned aerial vehicles. (Photo: Reuters)
Estimated read time 5 min read
Australia Japan Trending U.S.

US, Australia, and Japan expand defense cooperation with autonomous drones

  • Post Date 10/26/2023

In a move aimed at enhancing security and bolstering defense capabilities in the Asia-Pacific region, the leaders of the United States and Australia recently announced [more…]

Stellantis and Leapmotor have jointly revealed that Stellantis intends to make a substantial investment resulting in the acquisition of approximately 20% of Leapmotor. (Photo: Stellantis)
Estimated read time 4 min read
Business China Netherlands

Stellantis invests €1.5 Billion ($1.6 billion) in Leapmotor to compete in China’s EV market

  • Post Date 10/26/2023

Stellantis, the multinational automotive company that owns brands such as Chrysler and Maserati, has announced a significant investment in the Chinese electric vehicle (EV) startup [more…]