Category: Business
In exchange for leaving Chipotle, Starbucks is handing incoming CEO Brian Niccol $85 million in cash and shares.
In order to entice Brian Niccol, the new CEO and chair of Starbucks, away from his previous position as CEO of Chipotle Mexican Grill, the […]
According to insiders, South Korea will develop rules to expedite the adoption of a new benchmark for interest rate swaps.
SEOUL (Reuters) – According to two sources, South Korea intends to provide guidelines to promote the adoption of a substitute benchmark in its $4.3 trillion […]
Esprit has declared insolvency.
The fashion retailer Esprit has declared insolvency for its German companies for the second time, filing for insolvency under self-administration in mid-May. Esprit’s creditors’ committee […]
Tesla now sells a $100,000 Cybertruck and no longer accepts orders for the less expensive model.
According to its website, Tesla has ceased accepting orders for the $61,000 base model of its Cybertruck and is now offering the $100,000 model for […]
The Paradise, the sunny side of the world, is open for businesses of all sizes.
After Walmart failed in India in 1995, a new concept called “Think Global, Act Local” became one of the reasons why a Maldivian company called […]
The largest automobile transporter in the world fears a decline in charter rates.
The leader of the biggest autoliner in the world warned that rising global charter shipping rates, driven by China’s record shipments of electric cars, might […]
The Resort Island Kalhudhiyafushi, which is 78% completed, is now available for sale..
Bank of Maldives (BML) has put Kalhudhiyafushi of Thaa Atoll, an island being developed as a tourist resort, up for sale for the third time. […]