Jollibee Foods Corporation (JFC) acquired shares from United States coffee company The Coffee Bean & Tea Leaf (CBTL). JFC reportedly shelled out a whopping $350 million for the acquisition.
The statement released by JFC chairman Tony Tan Caktiong says, “The...
A report from The Alliance for Affordable Internet (A4AI) showed that African consumers pay more in mobile data usage than the rest of the world.
Internet access to African countries makes it expensive for low to middle-wage earners, approximately $35...
Forbes recently named Kylie Jenner the youngest self-made billionaire at age 21. Based on the article released by the business magazine, the youngest in the Kardashian-Jenner clan surpassed Mark Zuckerberg, the creator and founder of Facebook.
Kylie Cosmetics
The defining moment...
Time reported that the current protests in Chile that have been raging since last week is the result of the “stunning” wealth disparity in the country. Led by Chilean youth, the uprisings are spurred by the recent increase in...
The US-China trade war is still on-going, four-weeks in a row now.
Given President Donald Trump’s decision to raise tariffs by $325 billion just this week, not only businesses from two nations will suffer, but also the investors which drive...
The inquiry on convicted pedophile and alleged sex trafficker Jeffrey Epstein could revolve around his wealth upon his recent death, says The New York Times. Investigators will look into the source of his multi-million wealth, numerous bank accounts and...
Democrat candidate for presidency Elizabeth Warren announced that her proposed wealth tax will be used to remove student debt and tuition fees from public colleges, says CNBC. According to Warren, this prospective initiative will positively impact around 95% of...
Following a successful preliminary trial data of COVID-19 vaccine by Moderna, the U.S. stocks jumped to a 30,000 record, indicating a long haul investing.
Drugmaker Moderna announced the vaccine proved to be 94.5 percent effective, enticing more investors to inject...
China Fishery Group (CFG) bankruptcy trustee William Brandt is eyeing on sovereign wealth funds in Asian or Middle Eastern countries, says Under Current News. This comes after Brandt’s failed attempt to sell the CFG’s assets in Peru. The sale...
The 2020 presidential contender, Sen. Bernie Sanders admitted that he is a millionaire thanks to his best-selling book, ‘Our Revolution: A Future to Believe In.’
After his statement at the community meeting in Gary, Indiana, many criticized him for not...
