New yen notes set to be introduced this summer won’t be compatible with many machines that businesses like ramen shops rely on.
Tag: Small Business
Biden Moves to Open U.S. Banks to Cuba’s Private Sector
The rules will allow Cuban entrepreneurs to open bank accounts in the United States, making it easier for them to expand and encouraging other Cubans to start businesses.
How Capitalists in Communist Cuba Are an Economic Lifeline
Cuba’s Communist revolution took aim at private businesses, making them largely illegal. Today, they are proliferating, while the socialist economy craters.
Small Businesses Sound Alarm Over Weakening German Economy
Thousands of companies, concerned that Germany is facing a recession, are calling for an end to political infighting that has blocked a possible stimulus plan.
Shoplifting Surges in U.K., and Workers Face Scary Situations
As people try to walk away with goods, it’s “like the Wild West,” says one store owner, whose employees have been hit and bitten on the job.
‘Start-Up Nation’ Is Tested as Israel’s Reservists Leave Their Desks
The tech industry in Israel, including many small firms, is trying to adjust as a big military mobilization cuts their work force.
TikTok Shop Feature is Shuttered in Indonesia After Ban
TikTok’s retail ambitions have confronted an obstacle in Indonesia, which views the app as a threat to local businesses.
China’s Economic Pain Is a Test of Xi’s Fixation With Control
The slowdown is posing perhaps the most sustained challenge to President Xi Jinping’s agenda in over a decade in power. He now faces a tangle of difficult choices.
For Many Small-Business Owners, a Necessary Shift to Digital Payments
The pandemic accelerated a transition to cashless payments, forcing a reckoning among small-business owners. But there are benefits: An owner said one cashless system saved her $3,000 a month.
German Businesses Bet Big on China, and They’re Starting to Worry
Geopolitical risks have exposed long-ignored strains on Germany’s socioeconomic model. The family businesses underpinning its economy are seeking a new path.