Tag Archives: business

Stellantis Faces Significant Financial Challenges Stellantis, one of the leading automakers in Detroit and the parent company of well-known brands like Jeep and Chrysler, announced on July 21 that it anticipates a net loss of €2.3 billion for the first half of 2025. The company attributed this financial setback primarily to the resurgence of U.S. import tariffs. These tariffs are …

Shifting Strategies and Financial Challenges General Motors, one of the leading automotive manufacturers in the United States, has recently released its financial results for the latest quarter, revealing a significant drop in sales and profits. The company, known for iconic American brands such as Chevrolet, Cadillac, GMC, and Buick, reported a revenue decline compared to the same period last year. …

A Centenary Campaign to Secure a Historic Sports Venue A local charity, known for its long-standing commitment to sports and community engagement, has launched an urgent campaign to purchase the historic venue it has used for over a century. The York Railway Institute (RI) is currently operating under a lease that will expire in 2027. However, the property’s owner, Network …

Challenges Faced by Vendors at Zana Market Vendors at Zana market in Wakiso district have raised concerns about the deteriorating conditions of the market’s facilities, particularly the toilet and the roof. These issues are posing serious health risks to the vendors and customers alike. The market’s roof, constructed from corrugated iron sheets, is in a state of disrepair, with rusting …

Global Finalists of R|Elan Circular Design Challenge 2025 Unveiled The R|Elan Circular Design Challenge (RCDC) 2025, India’s leading sustainability award in the fashion industry, has announced its global finalists from various regions including India, the UK, the EU, and APAC. This initiative, organized by R|Elan—a brand under Reliance Industries Limited (RIL)—is dedicated to promoting sustainable practices within the fashion sector. …

KNOT: Redefining Fashion Delivery in India with Speed and Flexibility KNOT, a rapidly expanding quick commerce fashion platform, has recently secured new funding to scale its operations and further its mission of transforming how Indians shop for fashion. The company is at the forefront of a 60-minute fashion delivery model in Mumbai, paired with its signature Try ‘n Buy experience, …

Strengthening Thailand’s Fashion Identity in a Global Market As the global fashion landscape becomes increasingly competitive, Thailand is facing growing challenges from the influx of foreign fashion and beauty products. In response, the National Soft Power Development Subcommittee for Fashion has called on all industry stakeholders to focus on creating a distinct Thai brand that can stand out in an …

Lessons from a Triumph: How Chelsea’s Victory Offers Insights for Entrepreneurs A few days ago, a football team made headlines by achieving an extraordinary victory in the Club World Cup, defeating a side widely considered to be the best in the world. This wasn’t just a game—it was a powerful demonstration of underdogs rising, of meticulous preparation, and of strategic …

A New Wave of Investigative Journalists in Ghana The Media Foundation for West Africa has selected 10 journalists from across Ghana to participate in a three-month investigative journalism fellowship. This initiative focuses on enhancing their skills in areas such as Illicit Financial Flows (IFFs), progressive taxation, and domestic revenue mobilisation. The sixth cohort represents a dynamic shift in the evolving …

Redefining Garment Care in Modern India Laundrywala has emerged as a leading player in the professional laundry and dry cleaning services sector in India. Known for its rapid growth, the brand is reshaping how urban and semi-urban consumers approach garment care. With over 30 outlets spread across more than 20 cities, Laundrywala is making a strong presence in the organized …