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Starbucks attracts bids for China business, denies full exit

Starbucks attracts bids for China business, denies full exit

Starbucks is fielding proposals from a wave of investors for its China business, with industry players and private equity firms, including Centurium Capital, the largest shareholder in arch-rival Luckin Coffee, reportedly among the suitors. Most...

MKU secures major multi-year ballistic helmet contract in Asia

MKU secures major multi-year ballistic helmet contract in Asia

Indian defence firm MKU secures major contract to supply 200,000 advanced ballistic helmets to a leading Asian armed force.Indian defence manufacturer MKU has bagged a landmark multi-year framework contract to supply over 200,000 advanced...

Cytiva boosts Asia footprint with bioprocessing push and local partnerships

Cytiva boosts Asia footprint with bioprocessing push and local partnerships

BOSTON, Mass. -- By Lee Han-soo / Korea Biomedical Review correspondent -- Cytiva, a U.S.-based life sciences company, is broadening its influence across the Asia-Pacific region, strengthening local manufacturing, supply chain resilience, and...

PC Hospitality Appoints Saqib Nazeer As Hotel Manager Of PC Legacy Hunza

PC Hospitality Appoints Saqib Nazeer As Hotel Manager Of PC Legacy Hunza

Islamabad, 16 July 2025 – Pearl-Continental (PC) Hospitality, the hospitality division of Hashoo Group and one of Asia’s leading hospitality conglomerates, is proud to announce the appointment of Saqib Nazeer as the new Hotel Manager of PC Legacy...

Gems and jewellery exports decline 14.25% in June amid economic uncertainties and geopolitical tensions

Gems and jewellery exports decline 14.25% in June amid economic uncertainties and geopolitical tensions

Exports of gems and jewellery in June stood at USD 1626.96 million (Rs. 13978.980 crores) reflecting a dip of 14.25 per cent as compared to USD 1897.25 million (Rs. 15836.94 crores) for the same period last year, according to data released by the...

Former Indonesian trade minister Lembong jailed for corruption

Former Indonesian trade minister Lembong jailed for corruption

JAKARTA -- Thomas Lembong, a former Indonesian trade minister, has been jailed for four years and six months and fined 750 million rupiah ($46,000) after being found guilty of corruption in a case that critics say shows growing intolerance of...

Reviving national capabilities for economic development – Part 2

Reviving national capabilities for economic development – Part 2

For example, everyone in this audience is connected through mobile phones, laptops, iPads or some piece of technology derived from a so-called “conflict mineral”. Tin, tantalum, tungsten, and gold—collectively referred to as “3TG” minerals—are key...

Maersk Opens New Hub in Panama to Speed Up Latin American Trade

Maersk Opens New Hub in Panama to Speed Up Latin American Trade

Maersk has opened a new logistics center in Panama Pacifico, aiming to make it easier and faster for companies to move goods across Latin America, North America, and Asia. The 20,000-square-meter site is designed for companies that require a...

Chinese efficiency boosts Central Asia infrastructure with region's first light rail in Kazakhstan

Chinese efficiency boosts Central Asia infrastructure with region's first light rail in Kazakhstan

A light rail train is hoisted at Station 101 in Astana, the capital of Kazakhstan, on June 11, 2025. Photo: Courtesy of Yang Yongjiu Near the international airport in Astana, the capital of Kazakhstan, a light rail train, painted in the deep blue...

Traditional MBA degree back in business amid economic downturns, says Curtin University’s Shahid Ghauri

Traditional MBA degree back in business amid economic downturns, says Curtin University’s Shahid Ghauri

Curtin University’s Shahid Ghauri expects a resurgence in demand for the traditional master of business administration degree as professionals look to enhance their skills amid a slowing economy and rapid artificial intelligence advancements. Dr...

Vancouver tech firm aims to help forests bounce back stronger after wildfires

Vancouver tech firm aims to help forests bounce back stronger after wildfires

With US$6.5M in new funding, Veritree is scaling its forest restoration platform globally With the wildfire season intensifying in recent years, post-wildfire restoration has become increasingly critical. A Vancouver tech company drawing investor...

MultiBank Group Confirms $MBG Token Listings on MEXC and Gate.io on TGE Day in Addition to MultiBank.io and Uniswap

HONG KONG--(BUSINESS WIRE)--Jul 18, 2025-- MultiBank Group, the world’s largest & most regulated financial derivatives institution, is proud to announce that its highly anticipated $MBG Token will be listed on two new major global cryptocurrency...

How Much More “TACO” Madness Can the U.S. Economy Take?

How Much More “TACO” Madness Can the U.S. Economy Take?

The White House’s tariffs have been well received, Donald Trump told Kristen Welker, of NBC News, last week, adding that the stock market had just hit a new high. Trump was right about the market, but he didn’t mention why investors were bidding...

Which Asian airline has the fastest in-flight wifi? New global rankings revealed

Which Asian airline has the fastest in-flight wifi? New global rankings revealed

Ookla’s latest report spotlights Asia’s top performer in in-flight wifi, as connectivity becomes a key travel feature In-flight wifi has long been the bane of air travellers, as it has generally always been unreliable, overpriced and painfully...

International business briefs: Italy UniCredit conditions could breach EU law

International business briefs: Italy UniCredit conditions could breach EU law

Bengaluru — Tylenol maker Kenvue’s CEO and board member Thibaut Mongon had stepped down, it said on Monday and named company director Kirk Perry as interim CEO. The company, which was spun off from Johnson & Johnson in 2023, has been under...

ICA Asia Pacific partners with Heifer International to combat hunger

ICA Asia Pacific partners with Heifer International to combat hunger

The International Cooperative Alliance – Asia Pacific (ICA-AP) is collaborating with nonprofit Heifer International on a regional awareness campaign aiming to combat food poverty in Asia through co-operation. The two partners launched Seeding...

China's economy grows 5.2% on trade war truce

China's economy grows 5.2% on trade war truce

China's economy expanded more than five percent in the second quarter, official data showed Tuesday, buoyed by strong exports but analysts warned that more work was needed to address sluggish consumer demand. The figures offer a rare bit of good...

Bahrain Warm Up with Saudi Win Ahead of West Asia Championship

TDT | Manama Email : editor@newsofbahrain.com Bahrain’s national volleyball team beat Saudi Arabia 3-1 in a pre-tournament friendly, just days before the West Asia Men’s Volleyball Championship kicks off in Manama. The match served as final...

High Density Server Market Analysis And Forecasts 2025-2035  Advancements In Liquid And Immersion Cooling Technologies, Integration With Renewable Energy Sources Driving Opportunities

High Density Server Market Analysis And Forecasts 2025-2035 Advancements In Liquid And Immersion Cooling Technologies, Integration With Renewable Energy Sources Driving Opportunities

(MENAFN- GlobeNewsWire - Nasdaq) Discover the future of data center technologies with our comprehensive High Density Server Market report. Designed to meet demands for compact, scalable computing solutions, high-density servers enhance efficiency...

DHL Global Forwarding makes key leadership changes in Asia Pacific

DHL Global Forwarding makes key leadership changes in Asia Pacific

DHL Global Forwarding, the freight specialist arm of DHL Group, has announced three leadership appointments in Asia Pacific that will take effect on 1 August 2025 following the retirement of Bruno Selmoni, Vice President and Head of Road Freight...

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