
Victoria's Secret permanently shutting 50 stores
Feb 25, 2021 08:33 am UTC| Business
Victorias Secret is planning to shut down 50 additional stores following the discontinuation of almost 250 shops last year. It was reported that the termination of store operations in this new wave of closures will be...

Alaska Airlines ordered to pay $3 million over the death of a passenger
Feb 25, 2021 07:50 am UTC| Business
Alaska Airlines has been slapped with a huge fine after the court finds it guilty of negligence that resulted in the death of one of its passengers. The lawsuit was against the carriers unit based in Seattle. The jurys...

Facebook is investing $1 billion in the news industry as Australia passes media bargaining code
Feb 25, 2021 07:41 am UTC| Business
Facebook was revealed to have made a $1 billion pledge in news investment for the next three years. Mark Zuckerbergs company made the announcement just a day after its dispute with the Australian government over news...

Hyundai to recall Kona EV and replace LG batteries over fire risk
Feb 25, 2021 07:09 am UTC| Business
Hyundai Motor recalls more than 80,000 Kona electric cars after fire risk has been discovered. The call back has been carried out after the transport ministry in South Korea stated that the cause of the fires is probably...

Foxconn, Fisker collaborate to make the world's most sustainable EVs
Feb 25, 2021 07:05 am UTC| Business
Foxconn and Fisker are collaborating to produce thousands of electric cars two years from now. The united companies shared they are hoping to make over 250,000 EVs per year starting in late 2023. The PEAR collaborative...

eBay Korea: Kakao and MBK Partners eyeing the acquisition of the e-commerce company
Feb 25, 2021 07:00 am UTC| Business
eBay Korea may finally be sold as it was reported that Kakao Corp and MBK Partners are interested in acquiring a controlling stake of the company. It was said that the two firms are the leading candidates that may buy the...

Alshair Fiyaz helps Copenhagen go green with the new sustainable Bellakvarter district
Feb 25, 2021 01:00 am UTC| Business
As the world increasingly recognizes the need for greater action on the environment, major cities are starting to look for ways to reduce their carbon footprint, with real estate developers and city planners prioritizing...