
Beyond Meat unveils new vegan chicken tenders in the US
Jul 09, 2021 09:00 am UTC| Business Economy
Beyond Meat launched a new meatless product, and it is the chicken option for its range of plant-based meat products. On Thursday, July 8, the company announced it has released its meat-free chicken tenders in the United...

Hyundai halting its plant operations in S. Korea to prepare for EV production
Jul 09, 2021 08:47 am UTC| Business Economy
Hyundai Motor Co. revealed on Friday, July 9, that it had ceased operations in seven of its plants in South Korea. The automaker announced that it would be suspending the production of electric vehicles in these factories...

Posco Chemical investing over $500 million for new cathode plant in Pohang
Jul 09, 2021 08:01 am UTC| Business Economy
Posco Chemical is looking to build a new cathode factory that will rise in Pohang, North Gyeongsang province. Once completed, the plant is expected to produce 60,000 metric tons of cathode per year. As per The Korea...

Hyundai Motor: Union threatening to go on strike as pay negotiations failed
Jul 09, 2021 06:50 am UTC| Business Economy
Hyundai Motor may experience its very first company strike in three years as its negotiation with union workers has failed. The employees are asking for better pay as well as an extension for the retirement age, but the...

BMW, Volkswagen, Audi fined $1B by EU over emissions cartel
Jul 09, 2021 05:59 am UTC| Business Economy
BMW and Volkswagen are said to have been fined by the European Commission for conspiring to stop using the emissions cleaning technology they developed. Based on the reports, the German automakers had to pay $1 billion or...

Burger King president leaves as company lags behind rivals
Jul 09, 2021 01:06 am UTC| Business Economy
Burger King was belatedly reported to have lost its president, Chris Finazzo. He was said to have left the company a while ago. The departure of Burger King Americas president was only revealed through a federal filing...

Japan's Z Holdings to pay $1.6 billion for Yahoo brand
Jul 08, 2021 23:52 pm UTC| Economy Business
Z Holdings Inc agreed to buy the rights to the Yahoo name in Japan $1.6 billion to replace an existing licensing agreement. The deal follows the $5 billion sales of Verizon Communications Inc.s media division, which...