Shopee rolls out spending caps for all employees, including economy-only flights and $30 meals, as the company braces for layoffs and financial trouble

Ecommerce giant Shopee is bracing for financial trouble. NurPhoto / Contributor / Getty images On September 15, Shopee CEO Forrest Li told employees the company would be restricting expense policies. Layoff conversations began September 19, affecting a low-single-digit percentage of Shopee employees. Shopee parent Sea Limited raised $ 6 billion in 2021, but now faces […]

American Idol Renewed for Season ‘3’ at ABC as Costly Judging Panel Braces for a Possible Shakeup

ABC’s votes are in: American Idol will return for an 18th season (its third on ABC), TVLine has learned. Though an exact premiere date has yet to be announced, it’s safe to assume that the search for America’s next superstar will resume sometime in Jan. 2020. With ratings down sharply vs. Season 2, rumors abound […]

Operation ‘No deal’? UK army braces for Brexit chaos as May faces fierce rejection of divorce plan

The military is reportedly drafting contingency plans that could see British troops deployed in the streets, as the prospects of a chaotic Brexit seem increasingly realistic, with Theresa May facing a potential no-confidence vote. “About 20 officers who normally oversee Operation Temperer… were ordered last week to step up no-deal Brexit planning,” the Sunday Times […]

Hang in there! Weather anchor dramatically braces against Hurricane Florence winds (VIDEO)

A video of Weather Channel’s Mike Bettes battling wind gusts in the eye of hurricane Florence has gone viral for all the wrong reasons, after two men casually walking by in the background were spotted on live broadcast. During a live Weather Channel broadcast from Wilmington, North Carolina, Bettes is seemingly holding for his life. […]

Wall Street Braces Itself for Trade War With China

As the trade war between the U.S. and China intensifies, there is a growing expectation that collateral damage could spill onto Wall Street, disrupting U.S. banks’ plans to expand in mainland China. Since the Chinese authorities lifted the cap on foreign ownership of securities trading and fund management companies from 49 percent to 51 percent […]

Rouhani blasts Trump’s ‘psychological warfare’ as Iran braces for US sanctions

Iran’s president Hassan Rouhani has slammed US President Donald Trump’s offer for direct talks as a disingenuous PR stunt for domestic consumption while the “untrustworthy” Washington only increases its sanctions against Tehran. In his first public statement since Trump signed an executive order reinstating sanctions against Tehran, Rouhani said that he will not negotiate with […]

After a good run of growth, China’s economy braces for bumps

JUST a few years ago Wuhan, a sprawling metropolis in the middle reaches of the Yangtze River, exemplified China’s economic woes. Municipal debt had soared. The most senior local official was known as “Mr Dig Up The City”, a reference to his zeal for grandiose construction projects. A movie theme park, intended as a landmark, […]

‘Godzilla coming to town’: Berkeley braces for violence ahead of conservative’s speech

The University of California at Berkeley is preparing for a possible repeat of violent clashes, as it hosts conservative speaker Ben Shapiro. This time, police will be allowed to use pepper spray and tear gas to disperse a rowdy crowd. Berkeley is taking extraordinary measures to prevent violence on the campus Thursday night, following a […]

Thousands left without electricity as Florida braces for ‘most catastrophic storm’

Published time: 9 Sep, 2017 20:46 Edited time: 9 Sep, 2017 20:53 With extreme winds and rain from Hurricane Irma set to strike US state of Florida on Sunday, the impact of the Category 3 storm is already being felt by residents of Miami currently without power. View overlooking Port of Miami Local authorities have […]