Starbucks forced to pay its baristas manually because of a ransomware attack on third-party software
The Starbucks logo is seen on September 21. Matthias Balk/picture alliance/Getty ImagesCNN — A ransomware attack has disrupted a third-party software system that Starbucks uses to track and manage its baristas’ schedules, forcing the coffee chain to shift to manual mode to ensure its employees get paid properly, a Starbucks spokesperson said Monday. Starbucks’ store leadership have […]
Not using these job interview tips can reduce your chances of getting that job
Megan Rathmell thought she’d bombed her job interview earlier this year, assuming her nervousness and lack of preparation had cost her the opportunity. The 20-year-old later found out she got the job as a paralegal — and what made her stand out was her ability to do two important things: maintain eye contact and carry […]
Historic high: KSE-100 crosses 100,000 as investors turn back focus on economy
Bulls continued from where they left off in the previous session, pulling the index beyond the 100k level. The day began with a 1% gain, driven by buying across the board as the index completed the journey that has seen it rise from around 40,000 in June 2023. However, profit-taking began soon after as the […]
Japan’s ‘Mr Yen’, Masato Kanda, chosen as next ADB chief
Kanda will be tasked to navigate the ADB through fresh challenges such as helping Asia reduce poverty and mitigate risks from climate change. Now a special adviser to Prime Minister Shigeru Ishiba, Kanda will take office on Feb. 24, 2025, the ADB said in a statement. “I’d like to do my best to tackle global […]
Banco BPM says UniCredit’s ‘unusual’ $10.5 billion takeover offer does not reflect its profitability
Italian lender Banco BPM on Tuesday said the unexpected takeover offer by domestic rival UniCredit does not reflect its profitability. The 10 billion-euro ($10.52 billion) bid presented by UniCredit on Monday was not previously agreed and was delivered on “unusual” terms, the Banco BPM board of directors said in a CNBC-translated statement. It also fails to reflect Banco BPM’s profitability and […]
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
BEIJING — President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social. The post immediately followed one in which Trump said his first of “many” executive orders on Jan. 20 would impose tariffs of 25% on all products […]
Japan exports rise more than expected in October, rebounding from 43-month low
Japan’s exports posted a 3.1% rise in October compared to a year ago, rebounding from a fall in September that marked a 43-month low. The climb beat expectations of a 2.2% rise from economists polled by Reuters, and is a reversal from the 1.7% fall in September. Government data showed that Japanese exports increased the most […]
Three global stocks to own in 2025, according to Barclays
As such, Japan’s trade deficit expanded to 461.2 billion yen ($2.98 billion), wider than the Reuters poll expectations of 360.4 billion and compared to September’s revised figure of 294.1 billion yen. In a Nov. 19 note, Daniel Hurley, who is global equities portfolio specialist at T. Rowe Price, said that the key area to monitor […]
What Trump’s return to the White House could mean for global bond yields
Donald Trump’s U.S. election victory has ratcheted up concerns about higher prices, prompting strategists to rethink the outlook for global bond yields and currencies. It is widely thought that the president-elect’s pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen the fiscal deficit and refuel inflation. Trump’s return to the White House is seen as likely […]