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.
Indians see West Asia as one uninterrupted wash of Islam, but the reality is more complex. For the Druze, support from Israel—where they are a recognised minority—is now critical.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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