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…
India Proposes to Tax Excessive Wedding Expenses Posted April 20, 2017 Lawmaker Ranjeet Ranjan has proposed to tax couples planning to have extravagant weddings in India. If passed, the proposed Marriages Bill wil…
Turkey Awards Bridge Construction Project to Korean Builders Posted April 13, 2017 Turkey recently awarded the Canakkale [chah-nah-kah-LAY] bridge construction project to a consortium led by …
Pet Food Recalled after Dog’s Death Posted April 6, 2017 Pet food company Evanger’s has issued a recall on pet food products after a lethal drug was found in one of its cans. On New Year's Eve, pet owner Nikki Mael
Japanese Retailers and Manufacturers Leave China Posted March 30, 2017 Some Japanese companies are withdrawing business from China due to tighter competition and continuous labor cost increase. Growing competition between Japanese…
Starbucks’ Sales Negatively Affected by Mobile Orders Posted March 23, 2017 Starbucks failed to reach its expected first quarter sales as congestions in US stores negatively affected customer satisfaction. According to Starbucks, estim…