
Mercedes-Benz Korea requests cancellation of fine slapped for emissions manipulation
Feb 02, 2021 23:25 pm UTC| Business
Mercedes-Benz Korea has requested a Seoul court to cancel a 77.6 billion-won fine imposed by the environment ministry for manipulating diesel emissions in the country. The fine was the biggest of its kind imposed by the...

Alibaba's 37% sales surge fails to calm investors worried about intensified crackdown
Feb 02, 2021 23:07 pm UTC| Business Technology
Alibabas 37 percent on-year jump in revenue for the quarter ended December failed to calm investors worried about a regulatory crackdown by China. The quarter included the companys big Singles Day sales blitz, which...

Tesla apologizes to China’s state grid for car damage blame
Feb 02, 2021 21:30 pm UTC| Business
Tesla Inc. publicly apologized to State Grid Corp. of China after one of its employees appeared on a viral video telling a customer that the national grids overload damaged their electric vehicle. According to Tesla, it...

McDonald’s tests Swedish, Danish markets for McPlant burger
Feb 02, 2021 18:02 pm UTC| Business
McDonalds Corp. is testing the market for its pea-based McPlant burger in select Swedish and Danish locations beginning January, giving it insights into customer interest before rolling out the product in more...

ASOS buys TopShop, Topman, and Miss Selfridge brands for $363 million
Feb 02, 2021 14:58 pm UTC| Business
ASOS will be taking over some of the leading fashion brands in the U.K., including TopShop, Miss Selfridge, and Topman. This was possible after the online fashion retailer agreed to purchase them in a $363 million or 295...

Taking care of business: the private sector is waking up to nature's value
Feb 02, 2021 13:17 pm UTC| Business
For many businesses, climate change is an existential threat. Extreme weather can disrupt operations and supply chains, spelling disaster for both small vendors and global corporations. It also leaves investment firms...
We don't know how many COVID-19 cases are linked to travel because we're not tracking effectively
Feb 02, 2021 13:11 pm UTC| Business
Prime Minister Justin Trudeau recently announced new travel restrictions and COVID-19 testing and quarantine rules in an effort to limit the spread of coronavirus Arguments against the adoption of stronger...