Business Insights

Luxury brand Balenciaga has deleted its Twitter account which had nearly one million followers. While most brand names have simply put a hold on advertising on Twitter, Paris-based Balenciaga is the first luxury brand to make an exit. The brand did not share any details other than to confirm its leaving. The situation with Twitter’s […]

The cost of calling out your boss can be very high as one engineer recently learned. In this case, the employee was Eric Frohnhoefer who had publicly argued with Elon Musk on the Twitter platform. According to The Verge, the whole argument started on November 13 when Musk tweeted an apology for Twitter being slow […]

Popular fast food outlet, McDonald’s is planning to open 1,900 outlets in 2023, of these, more than 400 of the new Golden Arches will be in the United States or in international markets such as Germany, Canada, France, Australia and the United Kingdom. Of the 1,900 new outlets, 900 of them will be in China […]

How come the poor nations are always the ones suffering from heatwaves, famines, and typhoons when all these climate change issues are caused by the insensitive actions of wealthy countries? In Pakistan, floods disrupted the lives of 33 million people and submerged a huge part of the country; the economic toll is pegged at $30 […]

Twitter began rolling out a controversial new paid subscription system on Saturday that the social network’s unpredictable new owner, billionaire Elon Musk, ordered staff to build after taking over last week. Days into the Tesla boss’s stewardship of one of the world’s leading platforms for discourse and activism, his promises and provocations are prompting a […]

Singapore is known in the global business community as a hub for finance and home to many multinational corporations, that’ve chosen to set up their headquarters here and you would be surprised to know that 99% of the island’s economy actually thrives on local SMEs. These small and medium enterprises form the core of the country’s […]

A disused plane is now a luxury villa? Big stretch but true enough thanks to the efforts of Russian entrepreneur Felix Demin who bought the plane in 2021 and placed it at the top of a cliff. The Boeing 737 has now been converted into a two-bedroom villa with a pool and wing-top terrace. It’s […]

With the freedom to work from anywhere for many people since the pandemic, European countries have also become more flexible about issuing work visas. Countries across Europe are now offering digital nomad visas which indirectly helps their country’s economy too with an influx of young people. (Source euronews.travel) Here’s a quick glance at some of […]

Microsoft has always been one of the few tech giants that have been hailed as recession proof and yet the company retrenched some 1,000 people recently. Axios reported that the layoffs were across regions and offices globally. “Like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly. We […]

Digital nomads take note, Portugal is providing a work visa designed specifically for remote workers allowing people to live and work in the country for up to 12 months according to a Time Out report. Portugal is not the first country to offer a work visa designed specifically for remote workers. In case you’re wondering […]

Manila, Sept — Filipino ingenuity is known for its brilliance and innovative spirit including a trait called diskarte – a combination of skill, creativity and resourcefulness – which spans across many fields. In the field of higher value-added product development, however, such as in electronics and mechanization, this creative potential has erstwhile been stifled by […]

NEW YORK, Sept. 2 — It is already known that painting the roof of a house white can considerably reduce the effects of heat in the home and therefore help save energy and now someone wants car roofs to be painted white. The same practice could be applied in the automotive sector. If all cars […]

Elon Musk thanked advertisers for returning to Twitter after big-name companies like Apple and Amazon reportedly said they would resume advertising with the social media site. “Just a note to thank advertisers for returning to Twitter” The tweet was in the wake of a report from Platformer that Amazon would return to advertise in the […]

India: Workians, a virtual real estate consultant, launches its platform to guide investors in the metaverse. The consultancy will help interested investors and buyers choose suitable platforms, guide them towards asset buying, and negotiate properties, among other services. Technological disruptions over the past couple of years have revolutionized the realty sector. A significant part of […]

KUALA LUMPUR, Aug — Former defence minister, Datuk Seri Ahmad Zahid Hamidi, changed the design of the littoral combat ships (LCS) from Sigma to Gowind in 2011, contrary to what the Royal Malaysian Navy (RMN) wanted. The Report of the Government Governance, Procurement and Finance Investigation Committee (JKSTUPKK) on the construction project of six LCS, […]