
Toyota raises investment plan to over $5B for EV battery factory in US and Japan
Sep 01, 2022 08:51 am UTC| Business Economy
Toyota Motor Corp. raised the amount of investment for its electric vehicle battery plants in the United States and Japan to almost double than originally planned. The Japanese automaker is now spending $5.6 billion to set...

Elon Musk files new notice to scrap Twitter acquisition deal, citing whistleblower claims
Sep 01, 2022 08:18 am UTC| Business Economy
Elon Musk is still trying to terminate its deal to acquire Twitter for $44 billion. In his latest effort, he filed a new notice for the cancellation of the agreement and, this time, cited whistleblower claims in the...

Sep 01, 2022 07:55 am UTC| Technology Business
Meta has reportedly established a new division that will focus on developing paid features and services for its biggest social platforms, including Facebook, Instagram, and WhatsApp. But the social media giant noted that...

Cryptocurrency: South Korea’s Busan City signs partnership deal with FTX crypto exchange
Sep 01, 2022 07:54 am UTC| Business Digital Currency Investing
South Koreas Busan City has been labeled the Blockchain City for its digital businesses in the region. Now it is further expanding its involvement in the cryptocurrency industry by teaming up with FTX crypto company based...

SK, Naver leaders convene for metaverse collaboration
Sep 01, 2022 07:26 am UTC| Business Economy
SK Group and Naver chiefs reportedly held a meeting recently to talk about working together for Metaverse. The formers chairman Chey Tae Won and the latters CEO Choi Soo Yeon are considering collaboration in an effort to...

S. Korean construction firm to develop bioethanol using cassava waste
Aug 31, 2022 23:15 pm UTC| Nature Economy Business
South Koreas GS Engineering Construction (GS EC) is collaborating with Finnish bioenergy company St1 to develop next-generation bioethanol using cassava waste in Thailand. if successful, the South Korean construction...

Continental Tire uses blockchain to assure sustainable rubber sourcing
Aug 31, 2022 23:15 pm UTC| Nature Technology Economy Business
Continental Tire Japan will use the Project Tree blockchain initiative to ensure it uses responsibly sourced natural rubber for its s AllSeasonContact tires. Project Tree is a collaboration between ITOCHU, a Japanese...