
Animal rights activists block McDonald’s supplies in UK
May 22, 2021 23:46 pm UTC| Economy Business
Animal rights activists are blocking supplies to some 1,300 McDonalds restaurants in the UK . in persuading the fast-food giant to adopt an entirely plant-based menu. According to Animal Rebellion, about 50 of their...

Netflix monthly users dip in S. Korea due to competition
May 22, 2021 23:41 pm UTC| Economy Business
Netflixs monthly active South Korean users, who interact with an app at least once a month, dipped 1.9 percent to 8.08 million in April from 8.24 million in March, as the platform faces increasing competition from local...

Daewoo Shipbuilding, Hyosung to jointly develop shaft generator motor for ships
May 22, 2021 23:36 pm UTC| Economy Business
Daewoo Shipbuilding Marine Engineering Co. (DSME) will localize a shaft generator motor and has signed a preliminary deal with Hyosung Heavy Industries Corp. for its joint development using a permanent magnet. A shaft...

China begins crackdown on bitcoin mining, illegal trading activities
May 22, 2021 23:32 pm UTC| Economy Digital Currency Law
China announced that it will clamp down on bitcoin mining and trading to fend off financial risks, sharply pulling down bitcoin prices and putting it on course for weekly losses of over 15 percent. The country also...

Tesla eyeing to put up factories in Russia
May 21, 2021 23:15 pm UTC| Economy Business
Elon Musk said Tesla was close to establishing a presence in Russia and was checking on the possibility of putting up factories there. Addressing an event in Russia online, Musk noted that while Tesla already had...

S. Korean fashion platform operator Ably looks to raise 40 billion won
May 21, 2021 23:09 pm UTC| Economy Business
South Korea-based fashion platform operator Ably Corporation is seeking to raise around 40 billion won by attracting a pool of major domestic venture capital firms. The companys valuation is estimated to reach around...

European Commission approves SK hynix's acquisition of Intel's NAND biz
May 21, 2021 23:03 pm UTC| Business Economy
SK hynix Incs acquisition of Intel Corp.s NAND business has been approved by Europes antitrust watchdog. South Koreas second-largest chipmaker received unconditional clearance from the European Commission for its...