India’s Chocolate Market Shows Huge Growth Posted June 30, 2017 India is fast becoming one of the world’s biggest chocolate markets. According to Mintel, an agency that studies consumer markets, India exhibited a 13% growth…
McDonald’s Introduces Fixed-Hours Contracts for UK-based Staff Posted June 24, 2017 McDonald's has introduced a “fixed-hours contract” for its UK-based staff. Out of over 115,000 employees in the UK, around 80,000 workers of the multinational fast-food chain a…
Netflix Subscriber Growth Drops Despite High Earnings Posted June 15, 2017 On-demand television service company Netflix failed to reach its target number of subscribers, causing investors to be alarmed. Netflix reported high earnings,…
Bitcoin Now an Official Payment Method in Japan Posted June 8, 2017 The Japanese government has recently passed a law accepting Bitcoin as an official mode of payment. Developed in 2009 by an anonymous individual, Bitcoin is a …
Major UK Bank Closes Down Some Branches Posted June 1, 2017 A UK-based bank has announced that it will be shutting down some of its branches. Lloyds Banking Group, one of the leading banks in the United Kingdom, announced its plans to c…
New £1 Coin Released in the UK Posted May 25, 2017 The UK government released new and more secure £1 coins. A 2015 survey conducted by the Royal Mint, the body that produces British coins, revealed that one out of 40 £1 coins i…
Some Brazilian Meat Companies Face Scandal Posted May 18, 2017 The Brazilian economy is facing a great challenge as the “Weak Meat” scandal hits two of the country’s biggest meat exporters. Brazilian authorities raided mea…
Chinese Cities Tighten Restrictions on Housing Purchases Posted May 12, 2017 Several cities in China have implemented reforms on housing purchases. Under these reforms, which were announced in October 2016, people without permanent resi…
Yamato Transport to Raise Service Prices for the First Time Since 1990 Posted May 4, 2017 Yamato Transport, Japan's leading delivery service company, intends to raise its delivery prices for the first time since 1990. The Tokyo-based door-to-door delivery service co…
Japanese Car Part Maker Pleads Guilty to Fraud Posted April 27, 2017 Japanese automotive parts manufacturing company Takata pleads guilty to fraud involving defective air bag inflators. The company admitted to c…