
Hyundai inundated with orders for Ioniq 5 in Europe
Mar 01, 2021 09:49 am UTC| Business
Hyundai is off to a good start with its entrance into the EV market through its Ioniq 5 car model. It was revealed that it is not just in South Korea, but there is a tremendous interest in its all-new electric car in...

AstraZeneca sells Moderna stake for over $1 billion
Mar 01, 2021 06:59 am UTC| Business
AstraZeneca Plc got rid of its 7.7% stake in Moderna, and it was sold for more than $1 billion. The sale happened following the surge of the BritishSwedish multinational pharmaceutical and biopharmaceutical companys shares...

Danone is selling its Chinese asset for $1 billion
Mar 01, 2021 05:47 am UTC| Business
Danone, a Paris-based multinational food-products company that was founded in Barcelona, Spain, announced last weekend that it had taken steps towards the selling of its stake in its partner in China. Danones plans for...

SK Hynix to continue investing in chips-making as exports jump
Mar 01, 2021 05:24 am UTC| Business
SK Hynix will keep on investing in its chips manufacturing business as the need for it becomes more critical today. The South Korean company will also delve into next-generation chips and more investments are planned for...

Nissan claims technological breakthrough in CO2 reduction
Feb 27, 2021 22:48 pm UTC| Business
Nissan Motor Co. claimed having reached a breakthrough in achieving a 50 percent thermal efficiency with its development of e-Power hybrid technology that could further reduce carbon dioxide emissions. The e-Power...

Keurig Dr Pepper Reports 4.5% Net Sales Growth in 2020
Feb 27, 2021 02:16 am UTC| Business
Keurig Dr. Pepper (KDP) reported a 4.5 percent net sales increase to $11.62 Billion in 2020. Its dollar market share advanced in over 90 percent of its cold beverage retail base. This performance reflected the...

Jeju Beer gets Korea Exchange's nod for Kosdaq listing
Feb 27, 2021 01:34 am UTC| Business
Jeju Beer Co. is set to go public in the first half of this year after securing Korea Exchanges approval of its preliminary listing application filed last November. Despite being unable to fulfill Kosdaqs market listing...