Business
Starbucks scraps $250,000 cap on boss's use of company jet
It said: "Given Mr Niccol's chief executive role, the enhanced media attention to which Mr Niccol and Starbucks are subject, and the…
Tag
scraps
Business
Heathrow scraps 100ml liquid container limit
Katy AustinTransport correspondent Passengers at Britain's biggest airport, Heathrow, can leave liquids in containers up to two litres in…
Fashion
Stellantis scraps US plug-in hybrid sales, citing weak demand
The automaker’s pullback comes as Detroit carmakers reassess electric-vehicle spending amid policy changes under US President Donald Trump…
Business
Instacart scraps AI pricing tests after backlash over grocery price swings
Instacart said Monday that it will no longer allow retailers to use an AI-powered price testing program. This comes two weeks after an…
News
Trump Scraps Abolition Coins, Features Himself Instead
On Thursday, Indiana lawmakers voted down Trump’s midcycle redistricting push, choosing to keep election maps the same rather than…
News
Faroe Islands scraps one of Europe's strictest abortion laws
The parliament of the Faroe Islands voted on Thursday to legalise abortion until the end of the 12th week of pregnancy, overturning a…
Business
China scraps platinum tax break for state-owned giant
Currently, China Platinum is the only entity allowed to import the metal without paying a 13% VAT China will phase out a long-standing…
Business
South Korea scraps plan to expand tax on stock investments
South Korean President Lee Jae-myung said on Thursday (Sep 11) he would not pursue plan to revise a capital gains tax on stock…
Business
Merck scraps £1bn expansion in the UK over lack of state investment
Simon Jackbusiness editor, Faarea Masud and Rachel Clunbusiness reporters US pharmaceutical giant Merck is scrapping a planned £1bn…
Business
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
News
ICE Scraps Paperwork Rules So Masked Agents Can Arrest People Faster
Epstein, standing alongside two men and a woman whose identity has been redacted, holds a giant check supposedly from Trump, in payment…
News
Indonesia scraps coal pricing rules after pushback from buyers
Indonesia scrapped rules forcing miners to sell coal and minerals at government-determined levels after buyers pushed back against a…
Business
McDonald’s Japan scraps ‘One Piece’ promotion after Pokemon frenzy
NALD’S Japan has cancelled a promotion based on the classic One Piece manga series, after a similar Pokemon-themed campaign sparked a…
Business
Candy maker YLF scraps plan to list on SGX
It would have been the second company to launch an IPO on the local bourse this year Candy maker YLF Group Marketing has withdrawn its…
Business
Tesla China scraps ‘order now’ option for two imported EVs
Tesla’s website in China has removed the ‘order now’ option for Model S and Model X electric vehicles (EVs), which are both imported, just…
Culture
Netflix Scraps ‘Stories’ Mobile Games Franchise Based on ‘Love Is Blind,’ ‘Virgin River’ and More IP
Netflix will no longer make games for “Netflix Stories,” its catalog of interactive fiction games mainly based on romance and…
News
Citigroup scraps diversity goals, ‘DEI’ term under Trump pressure
CITIGROUP is ending workplace representation goals and removing requirements to interview job candidates from diverse backgrounds, citing…
Business
Amazon cuts reference to diversity from annual report; Accenture scraps DEI goals
AMAZON.COM removed a reference to “inclusion and diversity” in its annual report filed on Thursday (Feb 6), after it told employees in a…
Business
Guinness-owner Diageo scraps medium-term goals as tariffs cloud outlook
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged downturn in demand…
Fashion
Apple scraps work on Mac-connected augmented reality glasses
APPLE has cancelled a project to build advanced augmented reality (AR) glasses that would pair with its devices, marking the latest…
Business
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income…
Business
Aluminium soars as China scraps tax sweetener that fuelled exports
Aluminium jumped on Friday (Nov 15) after China said that it would cancel a tax rebate that’s helped fuel a decades-long boom in exports…