Starbucks sales hit as 2,000 stores in China shut amid coronavirus
World’s largest coffee chain Starbucks closed more than 2,000 branches in China and became the first major American company to warn of sales hit due to the deadly coronavirus. Reports claimed that the figures represent half of Starbucks’ total stores in China, its biggest market outside the United States. It was in 1999 when Starbucks […]
Kobe Bryant merchandise sells out after tragic death
As thousands of fans worldwide mourn the loss of NBA legend Kobe Bryant; Lakers jerseys, Nike shoes and similar gears of the late superstar were sold out in online and physical stores. Nike confirmed that it completely cleared out of Bryant’s merchandise and sneakers. It denied previous reports that it pulled out Kobe’s gears to […]
Chinese companies urge workers to ‘work from home’ to contain virus spread
A number of businesses in China are encouraging their employees to maximize the longer holidays by staying at home or if necessary, just work in their respective abodes. BBC reported that the Chinese government has earlier announced the extension of the Lunar New Year holiday by 3 days to next Sunday. All these initiatives by […]
Japanese postman faces criminal charge for keeping 24,000 mails at home
A 61-year-old former postman in Japan might be sentenced to three years imprisonment or be fined of about 500,000 yen ($4,600) after reportedly keeping 24,000 letters at his home. The Japanese authorities found the undelivered mails in the man’s house in the Kanagawa Prefecture, near Tokyo. The unnamed man admitted the wrongdoings for the reason […]
Philippine Airlines provides free changes to China flights amid nCov
As the new strain of coronavirus continues to spread worldwide, the Philippine Airlines (PAL) announced that its passengers with booked tickets to some destinations in China can change their schedules without charge. The flag carrier said that those who have scheduled flights to Beijing, Guangzhou, Hong Kong, Jinjiang, Shanghai, Macau and Xiamen, from January 24 […]
2 Taiwanese electronic companies enter world’s top PC vendors
Taipei-based Acer Inc. and Asustek Computer Inc. once again made it to the list of the world’s top 10 computer manufacturers in terms of shipments.The results were released by Gartner, a global market information advisory firm, which noted that the Taiwanese PC makers maintained high rankings despite a slight decline in their shares in 2019. […]
Auto companies struggle as China locks down “motor city”
Three automobile companies are among the businesses that were reportedly hit following the Chinese government’s decision to shut down Wuhan City which is the epicenter of the deadly novel coronavirus (nCov). Wuhan is considered as China’s “motor city” for it houses large manufacturing plants including those of the global carmakers Renault (RNLSY), Honda (HMC) and Peugeot owner PSA Group (PUGOY). As […]
Huawei to get limited role in British 5G network
China’s telecommunication giant Huawei will only get a “limited role” in the United Kingdom’s future 5G network following the recommendation of British government officials. The lawmakers proposed the exclusion of Huawei from the sensitive and data-heavy “core” part of the fifth generation and it will also be blocked from government systems. This was decided in […]
China’s new coronavirus hits global markets
