Microsoft will close down all of its physical retail stores globally.   The company has said that all Microsoft Store locations in the United States and around the world will be closed down by it.   The company announced that it will retail physical stores in only four locations which...

All advertisements on social media will be stopped by Starbucks Corp in its efforts to try and stop the spread of hate speech, the global coffee chain said in a statement.    The company will "have discussions internally and with media partners and civil rights organizations to stop the...

The chief operating officer of Gulf airline Emirates believes that there is need to further redefine its strategy of the company following the near halting of global aviation industry because of the novel coronavirus pandemic.   The airline however also stressed on the need to bring in more...

Markets were in for a surprise when the sport apparel company Nike reported a loss for the latest completed quarter which was a first quarterly loss for the company in over two years.    The company said that its business was affected significantly by the closure of its department and...

Amid rising protests against racial and color discrimination, Unilever has said that it will be renaming its cream called ‘Fair & Lovely’ which is touted as a skin-lightening cream and one that has been criticized for promoting social stereotypes centered around darker skin tones.   All...

After being announced by the social media company Facebook Inc.’s WhatsApp earlier this month, its planned WhatsApp messenger payment feature has been suspended in Brazil by the country’s Central Bank. Brazil is the second largest market in the world for WhatsApp after India with more than 120...

Amnesty International said that in the case of spying of journalist Omar Radi, a critic of Morocco's human rights record, the Moroccan government has made use of technology developed by Israel's NSO Group.   A "sophisticated new technique" that silently installed NSO's Pegasus spyware was...

The European Commission is close to securing a right to reserve or to make an up-front purchase of the still underdevelopment Covid-19 vaccine of pharmaceuticals giant Johnson & Johnson according to a report published by Reuters quoting EU officials with knowledge of the matter. The report...

Prosecutors in Munich said that the former CEO of German payment service provider Wirecard has been put under arrest in an accounting scandal that has sent ripples throughout the global financial industry in recent times.   Markus Braun had resigned from his position in the company last...

Consumers are still constantly stocking up on food items at home and reports suggest that the variety of grocery stocks on store shelves is not what it was before the pandemic hit the world.   While one of the reasons is the faster than usual sale of such products, it is also because of...

Following the completion of the planned launch of its shares through an initial public offering (IPO) later this year, Japan’s Toshiba also plans to unwind its 40 per cent stake in Kioxia Holdings in a phased manner, said reports quoting sources with knowledge of the matter.   The...