
Japanese brewer Sapporo expands US operations with acquisition of Stone Brewing
Sep 23, 2022 23:57 pm UTC| Business Economy Life
Sapporo Breweries Ltd. gained a couple of bases to expand in the US following its $168 million acquisition of California-based craft beer producer Stone Brewing Co. Sapporos subsidiary, Sapporo U.S.A. Inc., bought Stone...

Shinsegae, Lotte bring rivalry to metaverse
Sep 23, 2022 23:57 pm UTC| Technology Economy Business Life
South Koreas retail giants, Shinsegae and Lotte have ignited their competition in the virtual world, which is emerging as new a future growth engine. The companies believe more people will spend more in virtual...

7 US firms pledge $1.15 billion investment in S. Korea
Sep 23, 2022 23:57 pm UTC| Economy Business
South Korea received a combined $1.15 billion investment pledge to build plants, RD centers, and other facilities from seven US semiconductor and secondary battery industry firms. In the midst of the pandemic and...

Honda to cut car output in Japan by up to 40% due to supply woes
Sep 23, 2022 23:56 pm UTC| Economy Business
Honda Motor Co would reduce car production at two plants in Suzuka by up to 40 percent in early October due to ongoing supply chain and logistical problems. The carmaker would also cut production at its assembly plant...

Puma gives Knicks forward RJ Barrett player exclusive shoes
Sep 23, 2022 23:56 pm UTC| Sports Economy Business
Puma is elevating New York Knicks forward RJ Barretts status in the NBA by giving him a player-exclusive (PE) shoe, the Puma Fusion Nitro RJ. Barrett averaged 20 points per game last season and is poised to increase his...

Target reveals plans to hire 100,000 seasonal workers this year as the holidays approaches
Sep 23, 2022 10:54 am UTC| Business Economy
Target retail chain giant announced its plans to hire 100,000 staff for the coming holiday season. The company also said it would offer deals early so people can shop at discounted prices ahead of the busy festive...

Sep 23, 2022 10:05 am UTC| Technology Business
Microsoft made headlines recently as its proposed Activision Blizzard buyout of nearly $69 billion is undergoing heavy scrutiny from regulators worldwide. But CEO Satya Nadella said he is very confident the deal will be...