
Poland pursuing more investments from S. Korea
Apr 06, 2021 23:43 pm UTC| Economy Business
Polish minister of finance Tadeusz Koscinski is encouraging South Korean firms to explore business opportunities in Polands transportation and energy sectors. According to Koscinski, he is more than happy with the...

SK Hynix negotiating automotive DRAM supply deal with Bosch
Apr 06, 2021 23:40 pm UTC| Business Economy
South Koreas SK Hynix Inc. is finalizing negotiations to supply its automotive DRAM chips to German multinational tech giant Robert Bosch GmbH. The South Korean chipmaker is pursuing a 10-year supply deal. The potential...

Japan’s Daiei to open unmanned supermarket in Tokyo
Apr 06, 2021 23:35 pm UTC| Business Economy
Japanese supermarket chain Daiei will open an unmanned store in Tokyo in collaboration with Chinese startup Cloudpick. Daiei, an affiliate of Japanese retailer Aeon, will first open in Tokyos Koto area before possibly...

Kraft Heinz struggles to meet demand for single-serve ketchup
Apr 06, 2021 23:33 pm UTC| Business Economy
Kraft Heinz will boost the ketchup production in single-serve packets by 25 percent to meet the increased demand brought about by the popularity of takeout orders during the pandemic. Kraft Heinz will open two new lines...

LG Electronics to focus on mobility after giving up its smartphone business
Apr 06, 2021 10:21 am UTC| Business Economy
LG Electronics confirmed on Monday, April 5, that it has given up on its smartphone business. The company made the decision to close its phone manufacturing division after suffering from years of losses. LG shuts down...

McDonald's adds new treat in its McFlurry dessert lineup
Apr 06, 2021 09:40 am UTC| Business
McDonalds announced that it is adding a new flavor to its McFlurry dessert lineup. The fast-food chain giant stated that the new sweet treat would be available starting this May 3. As per CNN Business, McDonalds added...

Naver files for ‘webtoon’ trademark to make it exclusive for the company’s use
Apr 06, 2021 09:36 am UTC| Business
Naver has filed for a trademark right over the use of the term webtoon, which is also the companys name for its digital comic platform. The company coined the word after combining the terms web and cartoon since the...