Starbucks is joining forces with Chinese tech giant Meituan to expand delivery options in its second biggest market. The coffee chain announced Tuesday that it has teamed up with the popular food delivery app to roll out new offerings for customers in China. Now, consumers in mainland China will be able to place orders on…… MORE
Almost two years since the start of the Covid-19 pandemic, scientific breakthroughs powered by international collaboration have helped us create vaccines and other treatments that can help tackle the health crisis. But our broken relationship with the natural world continues to make us vulnerable to pandemics and that is something that global governments and businesses…… MORE
The stock market is like that old slogan for Timex watches. It takes a licking but keeps on ticking. Sure, it’s been a rocky start to the year on Wall Street following a stellar 2021. The Dow is down about 1% and the S&P 500 has fallen 2%. Trading has been volatile. But the Dow…… MORE
Unilever is willing to pay big money for the company that makes products like Advil, Tums and Aquafresh toothpaste as it tries to revive its sluggish stock and ramp up its focus on health products. GlaxoSmithKline said over the weekend that it had received three “unsolicited” proposals from Unilever to acquire its consumer healthcare business,…… MORE
US airlines have canceled more than 1,200 flights Monday as a powerful winter storm packing rain, sleet and snow slammed the East Coast on the holiday weekend and made travel difficult. On Sunday, roughly 3,000 flights were canceled. Charlotte Douglas International Airport in North Carolina, an American Airlines hub, continues to be the hardest hit.…… MORE
Novak Djokovic has departed Australia after authorities canceled his visa for a second time. Now, one of his sponsors wants a word. Lacoste said Monday that it wants to review events that sparked a nearly two-week legal battle and prevented the unvaccinated Serbian from defending his Australian Open title. Australia requires international visitors to be…… MORE
The chairman of Credit Suisse has resigned following an investigation commissioned by the Swiss bank’s board that reportedly looked at claims that he broke Covid-19 rules. António Horta-Osório said in a statement issued by Credit Suisse on Monday that “a number of my personal actions have led to difficulties for the bank and compromised my…… MORE
China’s birth rate plummeted for a fifth consecutive year to hit a new record low in 2021, despite government efforts to encourage couples to have more children in the face of a looming demographic crisis. The world’s most populous country recorded 10.62 million births last year, or only 7.5 births per 1,000 people, according to…… MORE
China’s economy expanded 8.1% last year, far exceeding the government’s own targets. But weakening growth in the closing months of 2021 suggests that trouble is still on the horizon as the country contends with a deepening real estate crisis, renewed Covid outbreaks and Beijing’s strict no-tolerance approach to controlling the virus. The 2021 growth figure…… MORE
Billionaires added $5 trillion to their fortunes during the pandemic, according to Oxfam, exacerbating economic inequality as the pandemic pushed millions of people around the world into poverty. Using data compiled by Forbes, Oxfam says in a new report that the total wealth of billionaires jumped from $8.6 trillion in March 2020 to $13.8 trillion…… MORE
There is no custom code to display.