Google deletes China-linked YouTube channels for posting fake news
Aug 07, 2020 01:23 am UTC| Business
Google announced it deleted over 2,500 YouTube channels tied to China between April and June to weed out disinformation. The Alphabet-owned company said the move was part of its ongoing investigation into China-linked...

Korean Air posts 162-B won Q2 profit due to cargo business
Aug 07, 2020 01:19 am UTC| Business
Korean Air Lines Co. shifted to a net profit of 162.4 billion won in the second quarter, due to a strong cargo demand that offset a sharp decline in passenger travel. It endured a 380.78 billion won net loss in the same...

Walt Disney garners over 100 million paid subscribers for streaming service
Aug 06, 2020 23:40 pm UTC| Business
Walt Disney Co. picked up 100 million paid subscribers for its streaming service and would continue to grow its global direct-to-consumer businesses. In touting its significant milestone, Disney CEO Bob Chapek affirmed...
Nintendo eyes another increase in Switch production
Aug 06, 2020 23:32 pm UTC| Business
Nintendo Co. increased its production target for Switch to 25 million units this fiscal as the ongoing pandemic keeps boosting demand while component shortages ease. The Kyoto-based company, which previously hiked...
How emerging economies can weather the coronavirus recession
Aug 06, 2020 10:08 am UTC| Business
As the ongoing coronavirus crisis continues to make its presence felt across the globe, developing countries are unsurprisingly experiencing its effects more keenly. Emerging markets such as Brazil, India and South Africa...

S. Korea's Hyundai Mobis taps Israel's Cognata as simulation training partner
Aug 06, 2020 06:52 am UTC| Business
South Korean software provider Hyundai Mobis selected Israels Cognata, a provider of simulation software and training data for driver-assistance systems and autonomous vehicles, to test its offerings. Cognata noted that...

Hyundai CE to develop financial instrument for Southeast Asian construction equipment clients
Aug 06, 2020 06:42 am UTC| Business
Hyundai Construction Equipment Co. will develop a financial instrument to support construction equipment buyers and accelerate its sales in Southeast Asia. The financial instrument would be developed in cooperation with...
Tariff Tremors: Trump’s Greenland Fight Rattles Global Markets