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COVID-19 has been the single biggest cause for the turbulency we have been witnessing in the markets over the past 7 months. We’ve had a catastrophic few days in March with several record-breaking day point drops, and since, we’re left with an uncertain…
Japanese clothing label Nanamica is to open its first international store in New York City. Located on Worcester St in the Soho arena, the Nanamica New York store occupies 1200sqft, offering a selection of designer Akumate Nanamica’s lines together with a…
With short-form video app TikTok about to be banned in the U.S. starting in the middle of next month, a Harris Poll that was shared with USA Today found that 64% of adult Americans are against the presidential executive order that will end the app’s presence…
Move over T-Mobile, you’re no longer the only nationwide 5G network in town. AT&T announced Thursday that it has added 5G in 40 more markets; as a result, the country’s second-largest wireless provider now covers 205 million Americans with its 5G signal.…
Japanese homewares and lifestyle retailer Muji has placed its US business in Chapter 11 bankruptcy protection with debts of US$64 million. The company said the measure was the result of having to continue to pay rent in high-profile locations while stores…
Harley-Davidson has decided to cut as many as 140 jobs in the US as a result of reduced production volume after assembly plants and dealerships were shut in the face of the Covid-19 pandemic. The layoffs are expected across two Harley-Davidson facilities and…
Harley-Davidson has announced that it will cut ties with a Tennessee motorcycle and ATV dealership after a racist post was made on the owner’s Facebook page. The post was apparently made on the Facebook page of Russel Abernathy, the owner of Abernathy’s Cycle…
There’s been a lot of talk over the last few months about T-Mobile’s great progress in terms of 5G coverage and speeds, as well as Verizon’s early (and impressive) lead in the latter department. Meanwhile, Sprint’s own early 5G rollout efforts and development…
JK Tyre & Industries Ltd. today announced the commencement of operations in the United States. JK Tyre has set up a new entity – Western Tires INC – based at Houston, Texas, thereby, embarking upon an aggressive plan to take the Global business to the next…
DHL Express has seen imports from Asia to the Americas increase substantially as it helps battle COVID-19. Asian imports, coming primarily from China, are up 70% year-on-year, with DHL Express moving more than 168,000 shipments of masks, gloves, respirators,…
General Motors said on Tuesday it had started producing ventilators in the volume needed to treat severely ill coronavirus patients and would deliver the first batch of the medical equipment to the U.S. government this month. The U.S. Department of Health and…
American electric carmaker Tesla’s CEO Elon Musk has said that the company has extra FDA-approved ventilators that can be shipped free of cost to hospitals within the company’s delivery region. Announcing the news on his social media handle, Musk confirmed…
Before Huawei was banned from its U.S. supply chain last May, fellow Chinese manufacturer ZTE was blocked from its state-side supply chain in 2018. While Huawei was able to thrive despite its placement on the U.S. Commerce Department’s entity list, ZTE almost…
Apple has just announced that Maps users in the United States now have access to a redesigned app that integrates a lot of social elements, but also important under-the-hood improvements. Apple’s new Maps app is faster and more accurate thanks to the many new…
Chinese tea chain Nayuki will launch its first stores in Japan and the US this year. The firm, which operates nearly 400 stores in China and three in Singapore, serves tea blended with fruit, cream cheese and toppings. “With our commitment to becoming an…
Soft drinks giant Coca-Cola has launched a new subscription service in North America to test out over 20 new drinks. The Coca-Cola Insiders Club invites subscribers to sign up for a monthly shipment of three category-spanning beverages to be released in early…
