
Dec 29, 2021 03:55 am UTC| Economy Life
Nike explores East Asian aesthetics in its latest reveal dubbed Shapeless, Formless, Limitless, which is among its limited-edition colorways to commemorate its Air Force 1s 40th anniversary. This iteration seems to draw...

McDonald's partners with IBM in providing more drive-through lanes
Dec 29, 2021 02:41 am UTC| Economy Technology Business
Fast-food giant McDonalds is partnering with IBM to add more automated drive-through lanes to more locations to minimize human mistakes and cut costs with fewer humans on its payroll. While automation has a big upfront...

Burger King operator tries his luck with Slim Chickens
Dec 29, 2021 01:48 am UTC| Economy Business
The former second-largest Burger King franchisee Al Cabrera has signed a 60-unit deal with Slim Chickens, seeking to open 40 restaurants in Indiana and 20 in southeast Florida. It costs about $1.1- to $3.4 million to...

Foxconn India prolongs closure of iPhone plant for this reason
Dec 28, 2021 10:33 am UTC| Business Economy
Foxconn, the tech company, headquartered in Tucheng, New Taipei City, Taiwan, has extended the closure of its plant in India that manufactures iPhones. The site has already been shut for a week now, and the company decided...

Ferrari dives into the NFT space via partnership with Velas
Dec 28, 2021 09:26 am UTC| Business Economy
Ferrari, the Italy-based sports car maker, has entered the non-fungible token sphere, and this was made possible through its newly-signed deal with Velas, an ecosystem of decentralized products that let people feel the...

Samsung teaming up with rival LG for TV production
Dec 28, 2021 09:20 am UTC| Business Economy
Samsung Electronics has always been rivals with LG Electronics, whether it is for smartphones or home appliances. The Lee Byung Chul-founded electronics company headquartered in the Yeongtong District of Suwon is...

Hotel Lotte is acquiring Kimpton Hotel Monaco Chicago in the US
Dec 28, 2021 08:36 am UTC| Business Economy
Hotel Lotte, the luxury hotel unit of the Lotte Group, a South Korean retail company, is buying the Kimpton Hotel Chicago, a 4-star hotel in the U.S., to expand its hotel network in America. It also seeks to acquire this...