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Dutch health technology company Philips said on Monday it would scrap 6,000 jobs to restore its profitability following a recall of respiratory devices that knocked off 70% of its market value. Half of the job cuts will be made this year, the company said, adding that the other half will …

Ngo Nguyen Kha, CEO of beverage chain The Coffee House, says his coffee and tea shops focus on enhancing the customer experience and advancing into the “next round” of the competition. Why did The Coffee House slow down in 2021-22? For businesses, the Covid pandemic was just like a storm …

South Korea on Monday scrapped a face mask mandate for most indoor public places in a major step to loosen Covid-19 rules, but many residents opted to keep wearing coverings due to lingering concerns over infections. The lifting of the face-covering rules in the majority of indoor locations is South …