Chocolate maker Cadbury has been dropped from the list of royal warrants for the first time in 170 years. The Birmingham-based chocolatier was awarded its first royal warrant as chocolate…
Category: Business News
Mediterranean: Russian ship under US sanctions sinks after engine room blast
A Russian cargo ship, Ursa Major, has sunk in the Mediterranean between Spain and Algeria after an explosion in the engine room, Russia’s foreign ministry has confirmed. It said 14…
USA: Starbucks strike expands to more than 300 US stores- Union
strike at Starbucks has expanded to more than 300 of the coffee chain’s stores in the United States, with more than 5,000 workers expected to walk off the job, the…
Japan: Honda and Nissan join forces to take on China in cars
Honda and Nissan plan to merge as the two Japanese firms seek to fight back against competition from the Chinese car industry. The integration would create one of the world’s…
USA: Trump threatens to take back control of Panama Canal over ‘ridiculous fees’
United States President-elect Donald Trump has threatened to demand control of the Panama Canal after accusing Panama of charging excessive rates on US ships passing through one of the busiest…
Egypt: State Dept gives nod to $5bn in potential arms sales for Cairo
The United States State Department has approved the potential sale of more than $5bn in arms for Egypt. The State Department informed Congress on Friday that it had approved the…
USA: Biden signs funding bill into law, averting US government shutdown
United States President Joe Biden has signed into law a bipartisan funding bill that averts a government shutdown, days after Congress was thrown into turmoil after President-elect Donald Trump rejected an initial…
China: Hong Kong targets ‘unfair’ claw machines
It’s a frustratingly familiar experience for many a fair-goer: just as the coveted plushie makes its way towards the chute of a claw machine, the claw slackens, letting go of…
Japan: Sega considering Netflix-like game subscription service
Sega is considering launching its own Netflix-like subscription service for video games, a move which would accelerate gaming’s transition towards streaming. There are already a number of similar services on…
UK: Black cab manufacturer set to axe jobs
Up to 45 workers at a black cab manufacturer are set to lose their jobs. London Electric Vehicle Company said the move was part of plans to “drive efficiencies” across…