
Mar 25, 2021 08:53 am UTC| Business
Pulmuone, a South Korean company that produces perishable food items, is set to further boost its plant-based, healthy food alternative offerings. The move is part of its plan to become a leader in the meatless and...

LG, SK: Lawmakers in Georgia call on the Korean companies to settle battery patent dispute
Mar 25, 2021 08:01 am UTC| Business
LG Energy Solution and SK Innovation are still in a legal battle over their battery patent infringement cases. This has been going on for a while now, and since the end is nowhere in sight, it has already affected other...

Toyota, Isuzu team up to make innovative trucks and autonomous driving technologies
Mar 25, 2021 07:33 am UTC| Business
Toyota and Isuzu signed a deal to work together on developing vehicles of the future. To be more specific, the companies are focusing on designing and manufacturing groundbreaking trucks, electric, hydrogen, and autonomous...

S. Korean insurers increase profit by 13.9% to 6.08 trillion won in 2020
Mar 25, 2021 05:09 am UTC| Business
South Koreas insurance firms posted a net profit of 6.08 trillion won last year, up by 742 billion won or 13.9 percent, partly due to fewer car accidents as more people stayed home. The net profit of life insurance...

General Mills posts quarterly operating profit of $827 million, up 27% on-year
Mar 25, 2021 04:38 am UTC| Business
General Mills posted an operating profit of $827 million for the three months ended 28 February 2021, up 27 percent, mainly due to the increased pandemic-driven at-home food demand. Meanwhile, net sales increased by 8...

Jaguar Land Rover to launch 10 models in India in 12 months
Mar 25, 2021 01:45 am UTC| Business
Jaguar Land Rover will launch 10 models in India in 12 months, including electrified vehicles, with an aim of double-digit growth after a year of low sales due to the impact of the Covid-19 pandemic. On Tuesday, it...

Japan's Toyota, Isuzu, Hino collaborate in truck technology
Mar 25, 2021 01:41 am UTC| Business
Japanese automakers Toyota, Isuzu, and Hino are setting up a partnership in commercial vehicles to collaborate in electric, hydrogen, connected and autonomous driving technologies. The cooperation among the three is...