
BTS agency Hybe made history with its record-breaking 2021 earnings
Feb 23, 2022 07:39 am UTC| Business Economy
BTS is being managed by Hybe that has made history in the Kpop industry by surpassing the ₩1 trillion mark in annual sales for the year 2021. The company has become the first management agency in South Korea to attain this...

Hyundai Motor shutters key plant in China due to slow-moving sales
Feb 23, 2022 07:14 am UTC| Business Economy
Hyundai Motor recently closed down its primary plant in China, but the company said on Tuesday, Feb. 23, that this is just a temporary setup. It was revealed that the reason for the closure was the slow sales this...

Court favors GM Korea in canceling gov’t order to return technology institute subsidy
Feb 22, 2022 22:38 pm UTC| Law Economy Business
A court has ruled in favor of GM Korea Co. in a lawsuit to annul the governments decision to retrieve its subsidy provided for a facility the carmaker disposed of in 2019, sources said Monday. The suit was filed by the...

Drake’s collaborative Nike Nocta Hot Step to be released on March 3
Feb 22, 2022 22:38 pm UTC| Economy Life Business
Drake will release on March 3 his first collaborative Nike sneaker, the Nocta Hot Step, priced at $180. The upper of the Nike Nocta Hot Step is made of pebbled leather, with bright 3M highlights. It also includes G-Tek...

F1 extends US Grand Prix deal until 2026
Feb 22, 2022 22:37 pm UTC| Sports Economy Business
Formula One has extended the United States Grand Prix until 2026 after the previous deal worth US$25 million expired in 2021. Formula One CEO Stefano Domenicali noted that they are continuing to grow the excitement...

Puma emphasizes mental strength in inking partnership with chess GM Magnus Carlsen
Feb 22, 2022 22:37 pm UTC| Sports Economy Business
Puma inked a long-term with Norwegian Grandmaster Magnus Carlsen that would see the German sportswear brand create content and activations for chess enthusiasts and attract more fans to the game. The agreement also...