
S. Korean Shipbuilders Land 23.6-T Won LNG Vessel Deal from Qatar
Jun 04, 2020 05:30 am UTC| Business
South Koreas three largest shipbuilders have inked a 23.6 trillion won deal to reserve their liquefied natural gas (LNG) ship construction capacity to meet Qatars future orders. According to Qatar Petroleum, the...
Beyond clapping for key workers – here's how to give them the pay rise they deserve
Jun 03, 2020 13:31 pm UTC| Business
At 8pm every Thursday night for the last ten weeks, huge numbers of people across the UK took to their doorsteps or windows and clapped, or banged pots and pans to celebrate the countrys key workers. These are the people...

'Big Three' Luxury Brands Preventing Local Sale of Duty-Free Items
Jun 03, 2020 13:05 pm UTC| Business Law
International luxury brands Hermes, Chanel, and Louis Vuitton, could be violating South Koreas Fair Trade Act by not allowing duty-free firms in the country to sell their products locally. Duty-free firms buy luxury...

US Investigates 'Unfair' Tech Taxes by EU and 9 Countries
Jun 03, 2020 13:04 pm UTC| Business Law
The US will formally investigate new digital taxes it feels is unfairly targetting American tech giants like Facebook. The 10 jurisdictions that the US would examine were the UK, European Union, India, Indonesia, Italy,...

Zoom's Sales Skyrocket During Pandemic
Jun 03, 2020 13:04 pm UTC| Business
Zooms sales jumped 169 percent year-on-year to $328.2 million in the three months to 30 April, as it added over 180,000 customers, each with more than 10 workers since January. It also made a $27 million profit in the...

Grupo Bimbo Touts Use of Renewable Energy in Argentina
Jun 03, 2020 13:04 pm UTC| Business
Grupo Bimbo announced that its five plants in Argentina are now operating with 100 percent electrical energy from renewable sources. Argentina is the seventh country where Grupo Bimbo operates using has 100 percent...

Google Rejects Australia's Demand for Revenue Sharing
Jun 03, 2020 13:03 pm UTC| Business
Google has rejected the Australian governments demands to pay Australian news media hundreds of millions of dollars per year under a revenue-sharing arrangement. Australias leading news publishers are demanding that the...