
Merck Group announces new CFO appointment and named Caroline Litchfield as Robert Davis' replacement
Mar 25, 2021 09:55 am UTC| Business
Merck Group announced on Wednesday, March 24, that it has assigned a new chief financial officer. The company picked Caroline Litchfield to be Robert Daviss replacement and she will assume her post starting April...

Mar 25, 2021 09:10 am UTC| Business
GSK just fired Moncef Slaoui from his post as Galvani Bioelectronics board chairman this week. The executive also served as the chief scientist for the U.S. governments Operation Warp Speed, a coronavirus vaccine...

HiSense, LG Electronics strikes licensing deal after their patent infringement feud
Mar 25, 2021 09:02 am UTC| Business
HiSense, a Chinese electronics company, was revealed to have struck a licensing deal with LG Electronics. The agreement comes after the former lost in the infringement lawsuit filed by the South Korean company. The new...

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...