Bill Gates resigns from the Boards of Microsoft and Berkshire Hathaway
The world’s second-richest man, Bill Gates, has stepped down from the Board of directors of tech giant Microsoft and multinational conglomerate holding company Berkshire Hathaway to...
Disney shuts tourism businesses in response to the coronavirus
The Walt Disney Company has now closed all its eleven Disney theme parks across Asia, Europe and North America as a precaution due to the...
2 execs of Thai aviation industry resign amid coronavirus crisis
The president of Thai Airways and the director of Suvarnabhumi International Airport have separately tendered their resignation letters on March 12 as the coronavirus...
Vietnam cuts gold prices due to decline in demand
While gold rates saw a plunge in the global market this week, the makers of the precious metal in Vietnam had to trim down...
Italy closes majority of businesses as coronavirus cases mount
All restaurants, bars, and non-essential company shops in Italy are forced by the government to shut operations following the World Health Organization’s declaration that...
Grab PH suspends thousands of users over fraudulent activities
Ride-hailing giant Grab has banned 125,000 users in the Philippines who were found involved in fraudulent activities like creating multiple accounts, making frequent cancellations...
Tesla eyes building a Cybertruck factory in central USA
Tesla Inc. Chief Executive Officer Elon Musk said that he is searching for a site in the central United States that could serve as...
European banks allow delays in mortgage payments to soften coronavirus impact
In efforts to ease the economic blow of the Coronavirus Disease 2019 (COVID-19) in Europe, banks in Italy and the United Kingdom have announced...
Dutch brewer Heineken invests US$183 million for Brazil plant expansion
Heineken NV has embarked on an 865 million reais (US$183.14 million) expansion of its Ponta Grossa brewery in Brazil in a bid to ramp...
Founder of India’s Yes Bank faces money laundering charges
The founder of one of India’s biggest financial institutions—Yes Bank, was arrested on Sunday by the financial crime detectives over money laundering allegations....
