Chinese authorities have staged a collapse of the multi-billion-dollar online education industry. The bans have affected major companies that have created a private tutoring "empire" in the country over several years, Forbes writes. Regulators have decided to take down Chinese online education...

With good results being witness from its efforts to focus on e-cigarettes and tobacco-heating devices, the its annual revenue growth forecast for the current year was raised by British American Tobacco (BAT) on Tuesday. That pushed the stocks of the company up by 2 per cent.   A revenue...

There is a huge gap in the G7 countries' historic agreement to collect higher taxes from the world's biggest companies. The omission will allow US giant Amazon to escape such obligations, writes The Guardian. The agreement calls for companies to pay a percentage of profits in markets where they...

Manchester United owners will allow fans to buy shares in the football team with the same voting rights as they do. This is needed to "appease the anger" of fans after the club's failed attempt to join the European Super League. Manchester United fans will be able to buy shares in the football club...

A new brokerage and exchange platform in Britain and Europe will be launched by a unit of the Standard Chartered Plc and the new services will be offered to primarily to institutional clients in Britain and Europe, the bank said recently.   A joint venture between SC Ventures, the innovation...

Major meat producer JBS said it has fully restored all factory operations following the cyber-attack. "Today JBS USA and (its division) Pilgrim's announce that all of their factories around the world are fully operational following the resolution of the May 30 criminal cyber-attack," it said in a...

Shares in Chinese children's goods manufacturers have risen sharply after the authorities allowed families to have three children, rather than a maximum of two as before. The authorities changed the rules amid the lowest population growth rate ever calculated. Shares in Chinese manufacturers of...

Krispy Kreme has handed out more than 1.5 million donuts in two months as part of a promotion for vaccinated visitors. The company promised all vaccinated guests one free doughnut a day. The Krispy Kreme chain has given away more than 1.5 million doughnuts as part of its own promotion, CNN reports....

The global shortage of semiconductors has caused shit breaks in production of car of many global automakers while it is also affecting production in other industries such as in the consumer electronics.   However the problem is likely to remain for several years before it can be completely...