Can Anyone Travel in a Private Jet?
Sep 22, 2020 06:40 am UTC| Business
When we, normal people, hear private jet, we relate it to elites, to the rich, or to important people. We think this kind of transportation is purely for the privileged, and we cannot deny the fact that this is due to it...

Nikola shares plunge 30% after founder resigns
Sep 21, 2020 23:18 pm UTC| Business
Shares of electric-truck maker Nikola Corp plummeted as much as 30 percent on Monday after its founder Trevor Milton stepped down as chairman following allegations of nepotism and fraud by a Wall Street...

Australian space tracking station refuses lease renewal to China
Sep 21, 2020 23:15 pm UTC| Business
China will lose access to a space tracking station in Western Australia when its contract expires, said the facilitys owner, Swedish Space Corporation (SSC) Australia. SSC Space Australia is a subsidiary of SSC, a...

S. Korea's LG Chem to decide on acquiring Nissan factory in Spain within September
Sep 21, 2020 23:10 pm UTC| Business
LG Chem will decide within the month if it will take over Nissans factory in Barcelona and turn it into a battery plant. Since LG Chem is expected to employ 1,500 in the plant, the deal would allow all Nissan factory...

SK Telecom expands into DNA testing
Sep 21, 2020 18:42 pm UTC| Business
SK Telecom Co. has released a mobile app-based DNA testing service dubbed care8 DNA in partnership with its joint venture Invites Healthcare Co. and bio firm Macrogen Inc. The subscription-based setting allows users to...

Samsung drops from 1st to 3rd spot in Indonesian smartphone market
Sep 21, 2020 12:31 pm UTC| Business
Samsung Electronics Co. dropped to the third spot in the Indonesian smartphone market in the second quarter after posting 19.6 percent market share, down from 27 percent last year when it was number one. Chinas Vivo...

Shell to allocate savings on oil and gas biz to renewable energy
Sep 21, 2020 09:35 am UTC| Business
Royal Dutch Shell will allocate the over $4 billion it could save by cutting 30 to 40 percent off the cost of its oil and gas production on renewable energy and power markets. Shells cost-cutting review, dubbed Project...
Tariff Tremors: Trump’s Greenland Fight Rattles Global Markets