The first strike in sixty years destroys a renowned Japanese department store.

One of Japan's most renowned department stores shuttered its doors on Thursday in the sector's first strike in six decades, prompted by fears that its proposed new U.S. owner will eliminate employment.

The Seibu in Tokyo's Ikebukuro district attracts approximately 70 million...

Tomar king descendent claims to be owner of Qutb Minar

In the midst of the petitions regarding the "right to worship" at Qutb Minar, Kunwar Mahender Dhwaj Prasad Singh, who identified himself as the "descendant of the Tomar King" of Delhi, filed an intervention petition. According to the appeal, Singh's family states that the ...

Following a US$100 million fundraising round sponsored by F1 owner Liberty Media, Overtime is focusing on new sports leagues

Two sports leagues, basketball and football, have already been formed by a digital sports media company.

The commercial rights holder for Formula One, Liberty Media, and Morgan Stanley's Counterpoint Global Fund have spearheaded a financing round in which the digital sports media fi...

Roman Abramovich, the former owner of Chelsea Football Club, has filed a lawsuit against the European Union Council

Roman Abramovich, a Russian billionaire, has filed a lawsuit against the European Union Council.

On Tuesday, the previous owner of Chelsea FC filed a legal complaint with the EU's general court. Neither the court nor the Council had responded to a request for comment at the time of ...

The USA Oil and Gas Average Wages Through the Years

According to the recently published latest, which also happens to be the seventh, energy report from Texas Independent Producers and Royalty Owners Association (TIPRO), during 2021 the U.S. oil and natural gas sector made a payment of an average of $115,166 for the national annual wage.  

US IRS FORMS TEAM TO TRACE TAX EVASION BY CRYPTO OWNERS

Highlights:

•             Tax evasion by crypto owners is being taken seriously by the US IRS

•             Special team formed for tracing default...

SOUTH KOREA GOVT. PLANS TO PROVIDE EMERGENCY HANDOUTS TO SMALL BUSINESS OWNERS

Highlights –

• South Korea govt. plans to provide emergency handouts to small business owners.
• The government plans to do so by early February, around the Lunar New Year holiday.
• The government will provide US$8.6 billion in relief fund...

SMALL BUSINESS OWNERS IN S. KOREA STAGE PROTESTS AGAINST COVID-19 RESTRICTIONS

Highlights –

• Small business owners in S. Korea stage protests against COVID-19 restrictions.
• Several coffee shops, bars, and internet cafes joined the growing list of small business owner protests.
• The complaints have grown ever sinc...

12 CUPCAKE OWNERS FOUND UNDER EMPLOYMENT LAW BREACHES

HIGHLIGHTS

• Twelve Cupcakes originators Daniel Ong and Jaime Teo were charged in court on Tuesday (Dec 29) with business law breaches, in the most recent of legitimate inconveniences for the local pastry kitchen chain 

Ong, 45, on 24 counts...

SOUTH KOREA’S DP FIND WAYS TO SHARE BURDEN OF RENT FOR SMALL BUSINESS OWNERS

Highlights –

• South Korea’s DP find ways to share burden of rent for small business owners.
• DP Chairman Rep. mentioned getting landlords to slash rent for struggling small business owners.
• A proposal to revise the Commercial Buil...

A LOCAL WOMAN FROM KUMAMOTO PREFECTURE DONATES $950,000 FOR KUMAMOTO CASTLE

Highlights –

• A local woman from Kumamoto prefecture donates $950,000 for Kumamoto Castle.
• The money is for the restoration of the damaged earthquake hit the castle in the year 2016.
• The woman is 86 year-old and made the donation on No...

MAID ACCUSED OF KILLING SAID SHE HAD NO CONTROL OVER HER HANDS AND STABBED HER OWNER MULTIPLE TIMES

HIGHLIGHTS

• A house cleaner being investigated for killing her boss, leaving just about 100 blade wounds on her body said that she was unable to control her hands from continued stabbing

Indonesian origin, Daryati, 28, said she didn't plan t...

SINGAPORE HAWKERS GO DIGITAL AMID THE PANDEMIC

HIGHLIGHTS

• Almost 33% of the 18,000 peddlers ask for e payment as the government is pushing to make businesses online.
• Singapore is aiming at hundred percent e-business by next year as it is pushing new factors and rewards in the forefront to change t...

DELHI: HOTEL AND GYM OWNERS THREATEN TO LAUNCH PROTESTS

Highlights

• The Delhi state government is in favour of giving permission to all the businesses but the LG Baijal has refused citing fragile coronavirus situation

• Around 25 lakh people in Delhi were dependant on gyms, hotels and weekly markets said Chamber of Trade...

TOSHIBA CORP.’S INVESTOR WAS KEPT ON STANDBY BY THE JAPANESE GOVERNMENT OVER SHAREHOLDER VOTE

Highlights –

• Toshiba Corp.’s investor was kept on standby by the Japanese government over shareholder vote.
• Effissimo Capital Management is the biggest investor in Toshiba Corp.
• Effissimo owns around 10% of Toshiba.
• ...

CHINESE AND AMERICANS SURPASS NATIVES OF KOREA IN PROPERTY OWNERSHIP

• From the beginning of 2017 until the end of May of this year, an incredulous number of 23,219 foreign nationals have purchased apartments in South Korea, with the number of entities reaching 23,167.
• This data was disclosed by the National Tax Service as it announced plans to cu...

U.S. BUSINESS OWNERS HAVING A TOUGH TIME IN THE ABSENCE OF CLEAR MANDATES FROM THE AUTHORITIES

Highlights:

• In the absence of clear safety mandates by the authorities, business owners, large or small, are forced to implement their own safety standards for customers and employees.
• Walmart also came into action by making it compulsory for their vi...

THAI HOTEL OWNERS SENTENCED TO IMPRISONMENT OF 723 YEARS

HIGHLIGHTS

• Thailand restaurant owners fooled the public in a marketing ad for the buffet at the lowest price
• Charges levied against them by the court for fraud and also were fined

Thai restaurant owner sentenced to imprisonment for f...

EXCISE OFFICIALS TAKE TOUGH STANCE ON LIQUOR SHOPS

• Excise Officials do not take it lightly against illicit liquor trade.
• They are clamping down on illicit liquor trade and operations across the city of Hyderabad.

Tired of the expanding number of cases identified with illicit alcohol deal and w...

RENTS LOWERED BY BUILDING AND SHOP OWNERS IN SOUTH KOREA – COVID-19

Highlights –

• Weak economy turning Korean citizens help each other to support the ecosystem
• Building and shop owners decrease rent for a few months, waives various fees
• 70.3 percent of them are having business difficulties due to COVI...