
Korean Air to gain ₩557.8B for selling property to improve financial status
Dec 27, 2021 06:11 am UTC| Business Economy
Korean Air, the countrys national air carrier, revealed last week that it would be getting ₩557.8 billion or around $470 million through the sale of a property. The selling is said to be part of the companys efforts to...

Shinhan appoints former IBM director as CDO
Dec 27, 2021 05:16 am UTC| Business Economy
Shinhan Financial Group has recently assigned a new chief digital officer, and she was revealed to be a former managing director of IBM. The bank hired its CDO to hasten its expansion in digital service. As per The...
Alexa: services, subscription and shut down; Similarweb - the perfect alternate platform
Dec 27, 2021 05:09 am UTC| Business
Alexa is Amazons product which is used for digital assistantship. The device performs through microphones that pick out voice commands along with the wakeup word Alexa. Alexa starts responding to the action once it hears...

Denmark’s Arla Foods to boost output by 10% in Saudi for manufacturing more Starbucks, Puck products
Dec 26, 2021 23:33 pm UTC| Economy Business Life
Denmarks Arla Food will raise output from its Saudi Arabian plants by 10 percent to manufacture more Starbucks ready-to-drink beverages and Puck products. Starbucks signed a 21-year agreement in 2018 with Arla Foods,...

US govt grants $1 billion loan to hydrogen project
Dec 26, 2021 23:33 pm UTC| Nature Economy Business
The US Department of Energy has guaranteed a Nebraska-based hydrogen project a $1 billion conditional loan, the first of its kind for a non-nuclear project since 2016. The loan reinforces the energy departments drive...

Omicron variant disrupts US holiday travel, but shoppers were undaunted
Dec 26, 2021 23:33 pm UTC| Economy Business Life
The COVID-19 Omicron variant is upending holiday plans for tens of thousands of American travelers with US airlines canceling over 700 more flights Sunday, but holiday sales rose at the fastest pace in 17 years, according...

Toyota begins selling environment-friendly 2-seater C+pod to all customers in Japan
Dec 26, 2021 23:33 pm UTC| Economy Business Nature
Toyota Motor Corp has started selling the C+pod, an environmentally-friendly two-seater ultra-compact battery electric vehicle (BEV), to the public after launching it for select corporate and municipal customers last year....