business news
Domino’s Pizza China operator files for Hong Kong listing
DPC Dash said in a filing it is Domino’s Pizza’s “exclusive master franchisee” in mainland China, Hong Kong and Macao, with 485 directly operated stores in 10 cities on the mainland — mostly in Beijing and Shanghai. Sopa Images | Lightrocket | Getty Images BEIJING — The operator of Domino’s Pizza stores in China, DPC […]
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Reid Hoffman’s new start-up poaches first staff from Google and Meta
Reid Hoffman, founder and Chairman, Linkedin, at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Inflection AI, the start-up launched earlier this month by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached artificial intelligence gurus from Google and Meta, according to CNBC analysis. Headquartered in Silicon Valley, Inflection’s aim is […]
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Russia faces 5 unintended consequences for its invasion of Ukraine
A banner that reads “Slava Ukraini” (“Glory to Ukraine, a Ukrainian national salute) in the backdrop of a demonstration in support of Ukraine on Freedom Square in Tallinn, Estonia, on Feb. 26, 2022, following Russia’s invasion of Ukraine. While sympathy for Ukraine is rising in much of the world, the costs are mounting for Russia. […]
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Putin should think about the consequences of asking for energy payments in rubles, Germany says
Germany has some advice for Russian President Vladimir Putin: think about the consequences of asking for energy payments in rubles. Russia’s Putin said last week that “unfriendly” nations would be asked to pay for their natural gas in rubles — causing a spike in European gas prices. By asking for payments in the Russian currency […]
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Saudi energy minister says oil alliance OPEC+ will leave politics out of output decisions
Saudi Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. Yves Herman | Reuters Saudi Arabia’s energy minister said Tuesday that OPEC+ will keep politics out of its decision-making in favor of the “common good” of stabilizing energy prices. […]
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Turkey’s Erdogan opens latest Russia-Ukraine talks; Moscow said to be resetting its forces
Russia-Ukraine talks set to begin in Istanbul A spokesperson for the Turkish Foreign Ministry has told NBC News that talks between Russia and Ukraine will begin at 10:30 a.m. Istanbul time (4:30 a.m. ET). He added that it was possible there may be some delays. Turkish President Recep Tayyip Erdogan speaks ahead of the peace […]
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Singapore is ready for the return of more big events, says industry body
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Richard Ireland, president of the Singapore Association of Convention & Exhibition Organisers & Suppliers, discusses how it’s preparing for the return of more large-scale events in the country. Source
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IndiGo says it’s ‘very hopeful’ that travel will come back quickly
Willy Boulter of the Indian airline says things are looking up after the country reopened its borders to all international flights. Source
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Sequoia leads $80 million funding round for Swiss expense management start-up Yokoy
Sequoia Capital is betting the next European tech giant will emerge in Switzerland. The Silicon Valley venture capital firm told CNBC that it led an $80 million funding round for Yokoy, a platform that helps large companies manage their expenses, invoicing and credit card processing. Previous investors Left Lane and Balderton Capital also took part […]
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Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. A “fragile” geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, especially nickel, the bourse’s CEO […]
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