The United States government issued a business advisory cautioning American businesses and individuals against doing business with Sudanese state-owned and military-controlled firms. According to the business advisory provided by the Departments of State, Treasury, Commerce, and Labor, some of the …
Streaming giant Netflix confirmed that the company laid off approximately 150 employees after losing subscribers for the first time in a decade. The employee cuts largely affected its office in California which makes up around 2% of the company’s North …
The German Industrial Giant Siemens announced Thursday that it would exit the country after almost 170 years of operation. “We condemn the war in Ukraine and have decided to carry out an orderly process to wind down our industrial business …
The United States (US) government announced additional sanctions against more than 40 individuals and businesses suspected of dodging the current wave of sanctions levied against Russia for invading Ukraine. According to the press release from the US Treasury Department, the …
China Eastern Airlines has resumed using Boeing 737-800 jetliners for commercial flights almost one month after a crash killed 132 people on board and grounded over 200 of its MU5843 aircraft on Sunday. China Eastern Airlines said it had executed …
Uber, the ride-hailing service, ceased their operations in Tanzania after six years. Uber’s announcement came in the form of a statement addressed to customers across the country, revealing that it will not resume its operations in Tanzania until an agreement …
Pegatron, one of the major producers of Apple’s iPhone, announced on Tuesday that it had temporarily suspended production at its facility in Shanghai due to the strict COVID-19 lockdown. With almost 25 million residents, Shanghai remained almost entirely locked down …
Tesla will hold an event at Gigafactory Texas as the grand opening of its USD 1.1 billion factory on Thursday. The invite-only event called ‘Cyber Rodeo’ will have roughly 15,000 attendants and will start at 4 PM local time. Cyber …
UK retail chain The Works has been forced to close down its stores after being hit by a cyberattack. The undetermined cyberattack reportedly disrupted supply chains, logistics, and payment systems. “Replenishment deliveries to the Group’s stores were suspended temporarily and …
US chipmaker Intel Corp announced Tuesday it suspended business operations in Russia, joining Western companies to exit the country following its invasion of Ukraine. “Intel continues to join the global community in condemning Russia’s war against Ukraine and calling for …
