Starbucks announced that it officially bestowed all licensing rights of its branches in France, the Netherlands, Belgium, and Luxemburg to Alsea, a Mexican restaurant operator which has been the company’s strategic partner for 16 years.
Senior economists were one in predicting that the United Nations could plunge into a recession in two years. They identify different indicators for their predictions with some saying that economic uncertainty has resulted from the ongoing trade war started by U.S. President Donald Trump.
Saudi Arabia has pumped billions of investments in U.S. tech startups and established companies. As the diplomatic crises over Jamal Khashoggi death persist, these startups find themselves at an extremely difficult position.
Media reports alleged that U.S. officials lobbied for General Electric to get a supposed $15 billion power generation contract with Iraq, undermining Siemens which has exerted months of efforts to win the deal.
In a sign of continued peace between North and South Korea, officials announced on Monday that the two countries agreed to reconnect their cross-border road and rail links that were shut down during the Korean War.