
LG Display to step up OLED panel production in China
Jul 21, 2020 02:24 am UTC| Business
LG Display Co. will soon begin mass-producing OLED panels at its factory in Guangzhou, China, after a one-year delay caused by the coronavirus outbreak. It is currently producing 8.5 OLED panels on a small scale in the...

Chevron to become first oil major to enter Israeli market with $13-B deal for Noble Energy
Jul 21, 2020 00:48 am UTC| Business
Chevron Corp would acquire Houston-based oil and gas producer Noble Energy Inc. for about $13 billion, including $5 billion in stock, making it the first oil major to enter the Israeli oil market. The value of the deal...

The Rise of the Foldable Device
Jul 21, 2020 00:28 am UTC| Business
Foldable devices were once a thing of the past, but it turns out theyre making a comeback. The models for smartphones, whether theyre Apple or Android, have remained the same since they were released rectangular, flat...

Oil and gas firms agree on joint targets in reducing greenhouse gas emissions
Jul 20, 2020 15:51 pm UTC| Business
Oil and Gas Climate Initiative (OGCI) members have jointly agreed to reduce their greenhouse gas emissions to not more than 21 kilograms of carbon dioxide equivalent (COE) per barrel of oil equivalent (BOE) by 2025, from...

S. Korea's KB Kookmin Bank raises stake in Indonesia's Bank Bukopin to 67%
Jul 20, 2020 15:10 pm UTC| Business
KB Kookmin Bank would acquire an additional 45-percent stake in Bank Bukopin, raising its share to 67 percent by the end of August to become the largest shareholder in the Indonesian bank. The South Korean bank did not...

Eastar Jet workers blame Jeju Air for botched merger deal
Jul 20, 2020 07:53 am UTC| Business
Unionized workers of Eastar Jet blamed Jeju Air for the botched merger and acquisition deal due to its conscienceless and irresponsible motives. According to the union, Jet Star intends to monopolize the market by...

Cadbury to reduce product weight without price cut
Jul 19, 2020 16:00 pm UTC| Business
Cadbury chocolate Mondelez International was denounced by consumers at Twitter for shrinkflation after announcing that it would reduce its products weight without shrinking the price. A disgruntled customer pointed out...
Tariff Tremors: Trump’s Greenland Fight Rattles Global Markets