International News

The Estée Lauder Companies has announced global leadership updates for Aveda, Bobbi Brown, La Mer and Bumble and bumble. These brands are part of the portfolio led by Jane Hertzmark Hudis, Group President. Global Brand President, Aveda, Dominique Conseil, has...

Nestlé has appointed Stuart Raetzman as CEO of Nestlé Skin Health, effective immediately. “I am very pleased that Stuart will be leading Nestlé Skin Health as CEO. Nestlé’s purpose is to enhance quality of life and contribute to a healthier...

CNBC reported late Tuesday that Jeff Bezos's multifaceted company has been taking on pharmaceutical talent. That includes both the hiring of a general manager to lead a potential unit and other prospects from the pharmacy sector, according to sources. For...

Alibaba Digital Media and Entertainment Group on Friday announced that Jack Huang, President of Overseas Business of Alibaba Mobile Business Group has been elevated as the group's President. "The recent restructuring in leadership team is a step forward for the...

American fast-food chain McDonald's announced of collaborating with ride-hailing app Uber to deliver food in over 1,000 outlets across the US. The initiative called McDelivery, aims at winning back young customers who are willing to pay for food brought to...

Dubai has launched an initiative to certify e-commerce websites, as part of its efforts to protect consumers, resolve their complaints and ensure best practices in online transactions. The Digital Protection service is aimed at e-commerce companies offering their services in...

Pakistan on Tuesday signed a Memorandum of Understanding (MoU with Chinese tech giant Alibaba to promote the country's worldwide exports by Small and Medium Enterprises (SMEs) through e-commerce. The agreement was signed by Pakistan's Commerce Minister Khurram Dastgir and Alibaba's...

China's retail sales, a key indicator of consumption, grew 10.7 per cent year on year in April, 0.2 percentage points slower than the March level, official data showed on Monday. Total retail sales of consumer goods hit 2.73 trillion yuan...

Online food takeaway firm Delivery Hero, one of Europe’s biggest start-ups, has raised 387 million euros by issuing new shares to South African media and e-commerce firm Naspers. This investment will help fuel Delivery Hero's growth plans. Naspers will also...

Apple's expected launch of its $1,000 iPhone this year would give it market capitalisation of nearly US $900 billion, making it the first company ever with such a mammoth valuation, a media report said. "Apple will unveil its first US...

In response to customer feedback and just in time for summer, Starbucks has added more protein, fruits and vegetables to the company’s grab-and-go lunch menu. The top customer requests asked for protein-packed options, chicken and turkey raised without antibiotics, and...

Target Corp announced in their company blog this week that it would launch next-day delivery service of household goods, which is an effort to better compete with Walmart and Amazon. According to the company, they have created Target Restock to save...

In yet another milestone, Apple's market capitalisation briefly soared past US $800 billion threshold, making it the first company ever with such a mammoth valuation. Apple's shares closed up 2.7 per cent for the day at US $153.01 late on...

Toys"R"Us Asia Ltd has entered into an agreement to unify the Toys"R"Us business in Japan with the company's business in Greater China and Southeast Asia. Headquartered in Hong Kong and in partnership with the Fung Retailing Group, the enlarged Toys"R"Us...