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Hotpot, bubble tea and sportswear: Chinas new exports take on the world
Posted onThe chain’s global reach relies on a strong brand, robust ecosystem, and loyal customer base, according to Zhou. He notes that every overseas market is complex, shaped by different cultures, legal systems, and consumer habits – so localising food, menus, and service is essential.
Ozempic maker Novo Nordisk’s board shaken up as directors quit
Posted onThe company behind weight-loss jab Wegovy and diabetes drug Ozempic will have a boardroom clear-out, with seven board members including the chairman set to depart. Novo Nordisk on Tuesday said chairman Helge Lund, vice chair Henrik Poulsen and five directors will not stand for re-election at an extraordinary investor meeting in November. The departures came…
When is the Budget and what might be in it?
Posted onJennifer Clarke & Tom EspinerBBC News Reuters The Chancellor Rachel Reeves will set out plans for the economy when she delivers the Budget on 26 November. There have been warnings that she will have to put up taxes or cut spending if she wants to stick to her own rules on government borrowing. Before the…
President Trumps ban on wind energy permits unlawful, court rules
Posted onPresident Donald Trump’s ban on issuing new wind energy permits has been ruled “unlawful” by a US court. In January the president signed an executive order freezing federal approval of pending offshore and onshore wind permits, scrambling plans for many projects in the US that were already under way. Some 17 states and a New…
UK names Christian Turner as ambassador to US, replacing Peter Mandelson
Posted onTom Bennett,Londonand Bernd Debusmann Jr,White House Reuters The UK has named career diplomat Christian Turner as its new ambassador to the US, Downing Street has confirmed. The previous ambassador, Peter Mandelson, was sacked by UK Prime Minister Sir Keir Starmer after evidence, including emails and photos, emerged showing his continued association with the paedophile Jeffery…
