Bussiness

Photos: Iran’s unravelling carpet sales

Posted by May 3, 2024

The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world over. But for the weavers trying to sell their ru

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KFC Malaysia temporarily closes outlets amid Gaza boycott

Posted by May 3, 2024

Franchise operator cites ‘challenging economic conditions’ amid local reports linking closures to boycotts of Israel.KFC Malaysia has temporarily closed som

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After years of decline, a new generation of organised labour…

Posted by May 2, 2024

Starbucks executives announced in February that they had agreed to negotiate pay raises and working conditions with a union representing 10,000 of the company

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What is behind the insulin shortage in the US?

Posted by May 2, 2024

Skye Murphy, who is 22 years old, has lived with type 1 diabetes since she was 14. In the past month, she learned that there would be a 30-to-60-day delay in re

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OECD lifts global growth outlook as US, China outperform expectations

Posted by May 2, 2024

Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025.The Organisation for Economic Co-operation and Devel

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Whistle­blow­er who accused Boeing supplier of ignoring defects dies

Posted by May 2, 2024

Former Spirit AeroSystems employee Joshua Dean dies after sudden illness, family says.A whistleblower who accused a Boeing supplier of ignoring defects in the p

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Seafarers pay the price for the murky business of ship…

Posted by May 1, 2024

On April 13, the naval forces of Iran’s Islamic Revolutionary Guard Corps seized a Portuguese-flagged container ship, the MSC Aries, in the Strait of Hormuz a

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Malaysia’s Anwar unveils record public pay hike amid ringgit’s slide

Posted by May 1, 2024

Malaysian Prime Minister Anwar Ibrahim says pay hike of more than 13 percent will be ‘best increase in history’.Malaysian Prime Minister Anwar Ibrahim has a

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China’s revised state secrets law has come into force. Here’s…

Posted by May 1, 2024

EXPLAINERTaiwan warn its citizens against travelling to China amid fears new law could be used to punish regular business activities.A revised state secrets law

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US to reclassify marijuana as less dangerous drug in historic…

Posted by May 1, 2024

Shares of cannabis companies surge as much as 80 percent after move to classify drug as schedule three substance.The United States has moved to reclassify marij

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‘Divest from Israel’: Decoding the Gaza protest call shaking US…

Posted by April 30, 2024

University students are facing threats of arrest or suspension as pro-Palestine protests are burgeoning across campuses in the United States. Students are expre

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Why is Japan’s yen falling and why is it so…

Posted by April 30, 2024

The weakness of the Japanese yen is in the spotlight again after its latest tumble in value. On Monday, the currency sank to 160.17 against the US dollar, its l

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