
UK's Meatless Farm establishes plant protein facility in Canada
Mar 16, 2021 23:59 pm UTC| Business
Meatless Farm has invested an initial $12 million in the 30,000 square-foot facility in Calgary, Canada for its subsidiary, Lovingly Made Ingredients, for processing textured plant protein. Lovingly Made Ingredients...

S. Korea's LG, SK stung by Volkwagen's battery plan
Mar 16, 2021 23:53 pm UTC| Business
Shares in South Korean battery makers LG Chem Ltd. and SK Innovation Co plunged Tuesday after Volkswagen announced plans to produce its electric vehicle batteries and gradually switch from pouch-type batteries to a new...

Naver, Shinsegae to collaborate against Coupang
Mar 16, 2021 23:49 pm UTC| Business
Portal operator Naver Corp. and retail giant Shinsegae Group will swap shares in a deal valued at 250 billion won to strengthen their foothold in the highly competitive e-commerce sector. Naver will purchase 150 billion...

Danone: Emmanuel Faber kicked out of the company’s board
Mar 16, 2021 10:11 am UTC| Business
Danone confirmed earlier this week that its chief executive officer, Emmanuel Faber, is leaving the company. He will step down as the companys chief and chairman following the mounting requests for him to be ousted. Not...

Alibaba: China ordered Jack Ma’s company to discard its media assets
Mar 16, 2021 09:40 am UTC| Business
Alibaba was hit with a new setback after it was reported that Beijing asked the company to get rid of its media assets. It was said that the issue has been examined since the start of this year and the China government...

US solar power installations expected to more than triple by 2030
Mar 16, 2021 08:49 am UTC| Business
The US solar power sector will install 324 gigawatts (GW) of capacity over the next decade, over three times the nearly 100 GW installed by 2020, according to the US Solar Energy Industries Association (SEIA). The said...

Jaguar Land Rover Korea set to unveil 4 new vehicle models this year
Mar 16, 2021 08:41 am UTC| Business
Jaguar Land Rover Korea is set to release at least four new car models this year. With the launch of these units, the automaker is aiming to bolster its product portfolio. Price cuts for the new car models As per The...