
Jeju Air joins push to convert passenger planes for cargo delivery
Oct 23, 2020 03:30 am UTC| Business
Jeju Air Co. will convert its B737-800 passenger jet to deliver cargo from Incheon to Bangkok from late Thursday to offset a sharp decline in air travel demand. The company announced that it is considering using...

LG Display posts profit for 1st time since 2018
Oct 23, 2020 03:04 am UTC| Business
LG Display Co. garnered an 11.1 billion won net profit in the third quarter, shifting from a 442.2 billion won loss last year, due to robust demand for displays used IT gadgets and large-size TV panels as people are forced...

McDonald’s Korea starts cooking with healthier, environmentally-friendly sunflower oil
Oct 23, 2020 01:08 am UTC| Business
McDonalds Korea has started utilizing sunflower oil in all its outlets to lower the number of trans fats in the ingredients it was using and for its eco-friendly properties. The move, a first in the quick-service...

Avangrid to absorb PNM in $8.3 billion deal, creating $20 billion US clean energy giant
Oct 23, 2020 00:12 am UTC| Business
Spains Iberdrola will add PNM Resources to its Avangrid business in a deal worth $8.3 billion to create the third-largest US renewable energy operator. By adding PNM, Avangrid will be able to be present in 24 states,...

LG Electronics unveils eye skincare device in S. Korea
Oct 22, 2020 11:30 am UTC| Business
LG Electronics Inc. unveiled an eye skincare device that uses red LED and near-infrared LED lights and a pad with microcurrent therapy technology to improve skin conditions. The device, which carries a price tag of...

LG Electronics launches 100 million won rollable TV in S. Korea
Oct 22, 2020 11:16 am UTC| Business
LG Electronics Inc. released the worlds first rollable TV dubbed LG Signature OLED R in South Korea, priced at 100 million won per unit. The product has a flexible OLED display that leverages self-lighting pixel...
Unibail and activist investors grapple over how to steer a firm through the pandemic
Oct 22, 2020 08:45 am UTC| Business
The stage is set for a November 10 showdown between Unibail-Rodamco-Westfield (URW), Europes biggest property owner, and a consortium of minority shareholders hoping to radically rework the firms strategy. Specifically,...