In the latest news, Kering S.A. has announced to stop hiring models under 18 years of age. Kering S.A. is a leading international luxury group based in Paris, France. The company has some of the top brands among its possession,…
Mukesh Ambani takes over popular British toy retailer- Hamleys
In the latest news, Mukesh Ambani, the business magnate and one of India’s richest men has bought the Hamleys chain. The sum has not been revealed. Reporters allege of an agreement which was signed by Reliance Brands Limited. The agreement…
UK: Large Commerce Trading Companies charged guilty of selling knives
A great number of news on the rising knife crime rate have made rounds in the media. A recent BBC investigation revealed that major stores in the UK, Tesco, and Argos to name a few, have been selling knives to…
Twitter Shares Soar after Crushing Earnings Estimates
Twitter (NYSE: TWTR) reported its first-quarter financials before the market opens on Tuesday. The social media giant reported better-than-expected results, causing shares to soar by 12.7% shortly after the opening bell. For the quarter, Twitter reported earnings of USD 0.37 per share…
UBS, Deutsche Bank in asset management merger talks
Reports by the Financial Times allege, “serious” merger talks between the asset management units of Deutsche Bank AG and Swiss bank UBS Group AG. The merger has been in motion since the past two months. Should the two banking brands…
Unexpected turn of events in UK employment market in the wake of Brexit
UK’s market economy is currently a scene of paradoxes. The UK Brexit had led to speculations of economic decline. However, although inflation is benign in the UK, labor recruitment is on an all-time high. The reason is quite simple, the…
Juul targets vape stores in the UK
Juul, world’s leading vaping brand, ceased sales in stores across America but plans to make up for it in Britain for the first time. Juul Labs is an electronic cigarette company. The American brand is headquartered in San Francisco, California….
Nintendo Plans to Sell Switch Console in China with Tencent’s Aid
Nintendo Co. (OTC: NTDOY) plans to cell its Switch console in China through a partnership with Chinese tech giant Tencent Holdings Ltd. (OTC: TCEHY), according to The Wall Street Journal. Following the report, Nintendo shares rose by 12% on Thursday….
Boycott of Brunei Hotels
Luxury hotels owned by the Brunei Kingdom introduced a law condemning gay sex and making it punishable by flogging to death. This incident has been the cause of a stir among LGBT communities and celebrities supporting the snub to…
