The covid outbreak has harmed Nike’s production!
Manufacturing at several of Nike’s main operations in Vietnam has been impacted as Covid has expanded across locations. The company declined to comment on whether the outbreak could lead to a shortage of shop inventory.About half of Nike’s shoes were created in Vietnam in the previous fiscal year, causing supply chain challenges for the corporation. […]
Oil is in charge of half of the global economy!
Oil has long been the world’s most important commercial source of fuel, and many predict that it will continue to be so well into the next couple of years. After prices surged to two-and-a-half-year peaks mostly throughout the pandemic, the Opec cartel and partners like Russia will boost supplies starting in August. The move is […]
Path Solutions Wins Best Islamic Fintech Company 2021 Award
July 19, 2021 – We are thrilled to announce that Path Solutions has emerged as a winner in the category ‘Best Islamic Fintech Company’ of the World Economic Magazine Awards 2021. Mohammed Kateeb, the Group Chairman and Chief Executive Officer of Path Solutions, commented, “At Path Solutions, we aim to create banking software solutions that enhance […]
The ‘midnight patrol’ in China is cracking down on young people
Tencent, a Chinese gaming behemoth, has been deploying facial detection technology to prevent youngsters from playing between the hours of 22:00 and 08:00. According to the company, the “midnight-patrol” technology would prevent “tricks” from avoiding the government curfew, which was implemented in 2019 with a cap on how much young gamers would invest in-game transactions. Gamers […]
Fast-track lanes for travelers who have been completely vaccinated will be trialed
Two of the world’s leading airlines will test fast-track lanes for fully-vaccinated customers at Heathrow Airport. Underneath the project, travelers on four routes would be able to submit their immunization information prior to boarding. British Airways and Virgin Atlantic are conducting the trial as the aviation industry pushes for visa-free travel to the UK from […]
Developed East Asia soars in math and science test results
Students from developed East Asia are leading the world in math and science according to just-published results of exams delivered to 600,000
Shyness did not keep dressbarn co-founder from big retail leaps
NEW YORK (Reuters) – When Roslyn Jaffe and her husband decided to start the first dressbarn store in the early 1960s, it was a retail experiment. Discounting was new to the industry, but the Jaffes decided to try it out with one store in Stamford, Connecticut. Elliot kept his day job at Macy’s while Roslyn […]
Saving the world is on Sue Desmond-Hellmann’s to-do list
(This version of the July 10th story corrects Desmond-Hellmann’s title to chief executive from president in second paragraph) NEW YORK (Reuters) – If you had $50 billion to try to solve the world’s worst problems, what exactly would you do? That is the daunting challenge that faces Dr. Sue Desmond-Hellmann when she walks into her […]
THE BEST COMMERCIAL BANK KENYA AWARD BY THE WORLD ECONOMIC MAGAZINE inc.
World Economic Magazine Inc., a prestigious business publication with web and print editions, has announced KCB Group as Best Commercial Bank Kenya 2021 in the 2nd Annual Ceremony of World Economic Magazine Awards.
A Zoom-free Friday afternoon will be incorporated by HSBC
HSBC is preparing Zoom-free Friday afternoons for many UK workers in an effort to alleviate stress caused by working from home, which is common during pandemics. Many other organizations have reported similar policies to enhance employee quality of life, and the pilot program supports them. In its commercial banking division, which includes current accounts, deposits, […]
