Starbucks franchise operator in West Asia, North Africa confirmed layoffs as result of dip in sales affected by war in Gaza. McDonald’s & Unilever also saw sales decline in West, Southeast Asia.
Gerbang Alaf Restaurants Sdn Bhd, the licensee of McDonald's Malaysia, is suing BDS Malaysia over social media posts linking the franchise to Israel's actions in Gaza.
The boycotts against American companies have succeeded in raising awareness about Israel’s treatment of the Palestinians, but probably won’t have a huge economic impact
The world's biggest burger chain closed its restaurants in Ukraine and Russia in March 2022, following Moscow's invasion of the eastern European country.
Wholesale prices of tomatoes have surged 288% in a month to a high of 140 rupees a kg on Friday, with retail prices still higher, spurring many people to cut back on consumption.
There are 20 ongoing wars happening around the world as we speak—which of them qualify for a corporate boycott? Companies are only picking their sides.
In 2018, it was because of FSSAI's directives that 10,500 non-compliant food vendors were delisted by food delivery services like Zomato, Swiggy and UberEats.
Electoral competition now appears dominated by welfare delivery and governance metrics, but ideology has not disappeared in Tamil Nadu. Instead, it has become strategic.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
On lessons from the ongoing West Asia conflict, he says that while US had superior technology and strike capability, Iran used geography to its advantage.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
COMMENTS