
LG Electronics streamlines overseas auto parts production to enhance efficiency
Mar 08, 2021 23:51 pm UTC| Business Technology
LG Electronics Inc streamlined its overseas auto parts production bases to enhance manufacturing efficiency for future growth. The South Korean company closed its vehicle infotainment parts plant in Kunshan,...

Kirin Brewery to add draft beer in home-delivery subscription service
Mar 08, 2021 23:49 pm UTC| Business
Kirin Brewery Co. will expand its home-delivery beer subscription service in May to include draft beer for home beer dispensers to subscribers twice a month, amid growing demand for its alcohol products at home. Under...

S. Korea vows to fix housing policy amid the escalating land speculation scandal
Mar 08, 2021 13:26 pm UTC| Business
The land speculation scandal in South Korea is intensifying, and for this, South Koreas Finance Minister Hong Nam Ki issued an apology to the public. The wrongdoing involves the employees in the housing company being...

Market Kurly: South Korean grocery company heavily criticized for ostracizing staff
Mar 08, 2021 13:14 pm UTC| Business
Market Kurly, the South Korean local grocery delivery company has been lambasted for allegedly cutting off its temporary workers in its logistics centers. It was further said that it has been firing employees who were...

San Jose Fairmont Hotel kicks out all guests after sudden chapter 11 bankruptcy filing
Mar 08, 2021 10:21 am UTC| Business Economy
The Fairmont Hotel in San Jose, California just closed its doors and will remain locked for about two to three months. This happened after it filed for chapter 11 bankruptcy last weekend. The filing for chapter 11 and...

Dolce & Gabbana filed a $600 million lawsuit against Diet Prada
Mar 08, 2021 10:21 am UTC| Business
Dolce Gabbana sued two bloggers for defamation and seeking over $600 million or around 434 million for damages. The Milan-based fashion conglomerate filed the lawsuit in the Italian court against two US-based fashion...

SK, LG battery dispute to continue after the USITC upheld findings SK stole trade secrets
Mar 08, 2021 10:21 am UTC| Business Economy
SK Innovations and LG Energy have been involved in legal disputes for quite a while now and the case is being heard in the U.S. The International Trade Commission is handling the proceeding since it is about alleged stolen...