Aug 17, 2020 23:54 pm UTC| Business
Kratom is a leaf that belongs to the coffee family. Thailand and Indonesia produce a vast amount of kratom. There are many ways of taking kratoms such as chewing, powdered form, a liquid form, or smoking. Mitragynine is...

Diageo acquires gin brand in $610-M deal that requires Ryan Reynolds' services
Aug 17, 2020 23:27 pm UTC| Business
Drinks giant Diageo has bought the gin brand Aviation American and three other spirits as part of a $610 million deal that requires co-owner and Hollywood actor Ryan Reynolds to remain the face of the brand. Under the...

LG Chem garners 24.6% global market share to become largest EV battery supplier
Aug 17, 2020 23:17 pm UTC| Business
South Koreas LG Chem edged Chinas CATL to become the largest electric vehicle (EV) battery supplier in the first half, with a global market share of 24.6 percent based on usage. The companys market share was 10.4...

Court overturns judgment against Costco for allegedly infringing 'Tiffany' rings
Aug 17, 2020 22:54 pm UTC| Business
The 2nd US Circuit Court of Appeals in Manhattan overturned a $21 million judgment in favor of Tiffany Cos against Costco Wholesale Corp over the latters sale of diamond engagement rings bearing the Tiffany name. In a...

IBM taps Samsung to manufacture processor chip
Aug 17, 2020 22:22 pm UTC| Business
Samsung Electronics Co. was tapped by the International Business Machines Corp. (IBM) to manufacture a new processor chip for enterprise hybrid cloud computing dubbed the IBM POWER10. According to IBM, Samsungs...

SK Group posts highest net profit among S. Korean conglomerates in H1
Aug 17, 2020 08:09 am UTC| Business
SK Group posted a net profit of 6.19 trillion won in the first half, jumping 32 percent from 4.69 trillion won last year to edge Samsung Group, which raked in 5.62 trillion won, down 30 percent from 8.05 trillion...

Apollo to invest $265-M in US Wind
Aug 15, 2020 17:20 pm UTC| Business
Apollo Global Management will invest $265 million in offshore wind developer US Wind Inc. to fund the construction of an offshore wind project off the coast of Maryland. Apollos investment in US Wind was made out of its...
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