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South Korea’s Top Two Cinema Chains Set to Merge: A Blockbuster Move
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Lotte Cinema and Megabox, which rank as the second and third largest cinema chains in South Korea, are considering merging due to challenges faced by the nation’s film projection sector struggling to bounce back from a significant drop in viewership. This downturn has been largely attributed to the increasing popularity of streaming services such…
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Cherat Cement & Shirazi Investments Aim to Take Majority Control of Rafhan Maize
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On May 9, Cherat Cement Company Limited (CCCL) along with Shirazi Investments (Private) Limited announced their plan to purchase up to 75.69% of the shares in Rafhan Maize Products Company Limited (RMPL). RMPL is among the biggest players in Pakistan’s agribusiness sector. The Manager of the Offer, Topline Securities, reported this development in an…
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What’s Behind the Drama at Alpine: Management and Driver Line-Up Turmoil?
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One thing about Alpine ’s movements over the past 24 hours was wholly expected; the other was not. Promoting Franco Colapinto to the racing line-up at the expense of Jack Doohan was forecast not only in the past few days, but before a wheel was even turned this season; signing the loquacious Argentine was…
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China’s Sales to U.S. Slump Despite Export Surprises
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China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival. Trade between the world’s two largest economies has nearly skidded to a halt since US President Donald Trump imposed various rounds of levies on China that…
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Canadian CEO Bypasses U.S. Middlemen, Builds Direct Ties with China in Supply Chain Shakeup
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The operations in Yiwu, the planet’s biggest wholesale market, show how challenges brought about by Washington’s tariffs have disrupted international trading practices. Amid the labyrinth of stalls at Yiwu’s small-commodities market – the world’s largest wholesale hub, located in eastern China – Canadian retailer Luke Therrien weaves through aisles of Christmas trinkets, keychains and…
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Bankruptcy Rocks Fans of Brand That Ruled the World for 60 Years After Humble Beginnings
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EXPLORE FURTHER: The insider tale of how Ozempic wreaked havoc on the weight loss business WeightWatchers has ultimately declared bankruptcy following several months of discussions with its creditors. The weight management firm has been struggling under $1.6 billion of debt following the decline in their market share due to the emergence of newer weight loss…
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Work Set to Begin on Revitalization of GNA Takoradi Office Complex – International Edition (English)
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By Emmanuel Gamson Sekondi (Western Region), April 7 – The Architectural and Engineering Services Limited (AESL), a consulting company, has transferred control of a site where work will begin on restoring a three-unit office building for the Western Regional branch of the Ghana News Agency (GNA) in Sekondi. The project, which includes ancillary amenities…
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China’s Gaming Giants Eye Overseas Expansion as Domestic Market Slumps
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In 2024, the overseas sales of video games developed in China saw an increase of 13.4 percent compared to the previous year, reaching $18.6 billion. China’s video gaming According to a survey of the companies’ most recent annual reports, their international operations became major sources of income in 2024 due to sluggish growth in…
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SHKP, CK Asset, and Henderson Set to Dominate 60% of Hong Kong’s Small Unit Market
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According to JLL, the three developers will provide 60 percent of new homes in 2025 and 2026, an increase from 40 percent in 2023 and 2024. According to JLL, three of Hong Kong’s largest real estate companies—Sun Hung Kai Properties (SHKP), CK Asset Holdings, and Henderson Land—are anticipated to lead the property market. This…
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Citizen Scribe Claims Top Energy Reporting Award; Mwananchi Crowned Most Reliable Newspaper
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Dar es Salaam — In a recent event organized by the Tanzania Media Women’s Association (Tamwa) in collaboration with the Tanzania Communications Regulatory Authority (TCRA), the Mwananchi newspaper was recognized as the most consistently reliable publication in Tanzania. Meanwhile, Julius Maricha from The Citizen received the 2025 Samia Kalamu Award for Best Reporter in…