Meituan, China’s foremost food delivery company, reported its third consecutive quarterly loss this Monday. However, it did manage to meet revenue growth projections. The company has been weathering a particularly tough year, characterized by fierce,…
Sony, the Japanese multinational conglomerate, is currently battling a lawsuit worth nearly £2 billion (approximately US$2.7 billion) in London. The lawsuit alleges that Sony has used its monopoly positioning to inflate prices for digital games. This…
The Indonesian government is increasing its tax scrutiny on its wealthy residents and large corporations in light of a significant national budget deficit. This action is part of a broader initiative to enhance tax collections amidst a challenging year for…