As reported by Doyinsola Oladipo and Mrinmay Dey, around 10,000 U.S. hotel workers have initiated a strike across several cities due to failed contract negotiations with major hotel operators such as Marriott International, Hilton Worldwide, and Hyatt Hotels. This strike is taking place in 24 hotels in various travel destinations across the United States, including
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The recent re-release of Edgar Wright’s cult classic horror-comedy, Shaun of the Dead, did not reach the expected box office numbers. Despite the film’s popularity and loyal fan base, it grossed only an estimated $600k for the 3-day weekend and $720k for the four days in Focus Features re-release for the comic zombie-fest’s 20th anniversary.
The recent tumble of nearly 30% in PDD’s stock price has raised questions about the state of China’s consumer market. Despite the company’s revenue growing by nearly 90% and profit more than doubling from a year ago, concerns linger over the overall weakness in the Chinese consumer market. While some analysts argue that the reaction
When it comes to selecting dividend stocks, investors might find themselves overwhelmed by the vast array of choices available. However, based on recommendations from top analysts on TipRanks, there are three dividend stocks that stand out. One of these stocks is EPR Properties (EPR), a real estate investment trust that focuses on experiential properties like
Brazilians will soon be facing an increase in their electricity bills, thanks to a decision made by local power regulator Aneel. With more than half of the country’s power supply still coming from hydroelectric plants, the drop in reservoir levels during the dry season has led to additional charges being imposed on consumers. Despite the
The landscape of cannabis consumption has undergone a significant transformation, especially in New York, where the legalization of adult-use marijuana has paved the way for a booming industry. It’s no longer just about purchasing designer clothes or high-end jewelry on Fifth Avenue, as shoppers can now also indulge in New York state-grown marijuana joints from
As airlines continue to navigate the challenging aftermath of the pandemic, many are facing financial constraints that are causing them to rethink their strategies for acquiring new aircraft. Initially, there was a surge in demand for new jets as airlines looked to modernize their fleets and expand operations. However, cash-strapped low-cost and deep discounter airlines
The Supreme Court of Brazil made headlines when it issued a nationwide suspension of Elon Musk’s social network X. This decision came after the company openly declared its intention to defy previous court orders related to content moderation and the appointment of a legal representative in the country. Alexandre de Moraes, the court’s top judge,
Alibaba has successfully completed a three-year regulatory “rectification” process following an antitrust fine it received in 2021, according to China’s State Administration for Market Regulation (SAMR). The regulatory focus was on a practice that required merchants to choose one of two e-commerce platforms, limiting their ability to work with both. As a result of this
In recent years, Chinese lenders have played a significant role in providing financial support to African countries through various loan agreements. The landscape of Chinese loans to Africa has been evolving, with fluctuations in funding levels and a shift in focus towards more sustainable lending practices. A recent study conducted by Boston University’s Global Development