
Samsung executive Lee Jae Yong prohibited from working in his own company
Feb 18, 2021 08:24 am UTC| Business
Samsung Electronics vice-chairman Lee Jae Yong has been ordered by the court to refrain from working at his company. The executive has been jailed after he was found guilty of corruption and bribery last...

Ford to invest $1 billion to go ‘all-electric’ in Europe by 2030
Feb 18, 2021 07:23 am UTC| Business
Ford is shelling out $1 billion to achieve its goal of going all-electric in Europe by the year 2030. Part of the fund will be spent on the modernization of its plant in Germany, where the electric cars are set to be...

Google, News Crop strikes a historic deal for global news publication
Feb 18, 2021 05:44 am UTC| Business
Google just signed a deal with the Murdoch familys News Corp this week. The partnership has been labeled as historic since this is the first time that a tech company has joined forces with a news media...

Facebook bans Australian news content and slams the proposed media law
Feb 18, 2021 05:11 am UTC| Business
Facebook announced that it would be blocking Australian news content from its platform. This decision comes after Australia expressed its determination to pass a new media law that will oblige the company to pay for news...
Samruk’s Poor Performance Puts Pressure on Akhmetzhan Yessimov
Feb 18, 2021 01:33 am UTC| Business
Samruk Kazyna, one of the worlds largest investment funds, has produced deplorable results and is an extremely ineffective investor and business manager, according to a leading financing analyst. The damning analysis of...

S. Korea's PC exports up 15.7% in 2020
Feb 17, 2021 23:57 pm UTC| Business Economy
South Koreas personal computer (PC) shipments totaled 5.26 million units in 2020, up 15.7 percent from a year ago, due to the rise of online education and remote working amid the pandemic. According to market researcher...

Hanwha Q Cells attracts 100,000 German households to green electricity service
Feb 17, 2021 23:55 pm UTC| Business Technology
More than 100,000 households in Germany have joined Hanwha Q Cells Q.Energy service so far, which allows customers to purchase electricity generated 100 percent by renewables. The Q.Energy service delivers energy to...