Global and China News

Amazon says to create 5,000 jobs in UK

(Tue, 21 Feb 2017 06:00:00 +0800)

(ChinaPost.com.tw) - US tech and retail giant Amazon on Monday said it would create 5,000 British jobs this year, in a show of confidence in the UK economy ahead of Brexit.

Starbucks price hikes brew up storm

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - Netizens were left spluttering into their skinny lattes Monday after coffee giant Starbucks announced a raft of price hikes.

McDonald's Taiwan in final stage of transfer to local owner: report

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - McDonald's Taiwan is in the final steps of transferring its operation to a local managing team, Taiwan media reported on Monday.

Gamania sets sights on NOWnews takeover

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - Albert Liu (劉柏園), head of Taiwan-based online game publisher Gamania Digital Entertainment (遊戲橘子), said Monday that the firm had decided to fully acquire NOWnews as early as the second half of this year.

Kraft Heinz withdraws bid to buy Unilever

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - Ketchup maker and packaged food giant Kraft Heinz has withdrawn a US$143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low.

Markets make headway in both Europe, Asia

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - European stock markets rose Monday, with gains in London capped by a sharp drop in the share price of Unilever following the collapse of a proposed mega-merger (see story at bottom of page).

Japan returns to trade deficit in January

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year.

Backbone of India

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - Indian women laborers work at a brick kiln on the outskirts of Gauhati, India, Saturday, Feb. 18. Laborers who work at the brick kiln earn 250 rupees (US$3.5) a day.

Uber launches 'urgent' probe into workplace sexual harassment, sexism

(Tue, 21 Feb 2017 00:02:00 +0800)

(ChinaPost.com.tw) - Uber chief executive Travis Kalanick has announced an “urgent investigation” at the ride-sharing company after a former employee wrote a blog post Sunday alleging sexual harassment and sexism at the firm.