
PepsiCo Announces $200M Investment in West Java Snack Factory; Re-enters Southeast Asia
Aug 30, 2023 11:17 am UTC| Economy Life Business
PepsiCo embarks on a $200 million venture in West Java, Indonesia, marking its awaited return to Southeast Asia. Set to launch by 2025, this initiative underscores PepsiCos commitment to Indonesias growth and sustainable...

3M Agrees to Settle Earplugs Case for $6B as It Faces More Lawsuits
Aug 30, 2023 11:09 am UTC| Business Economy
3M is close to ending the massive lawsuit it is currently dealing with. This comes after it announced its agreement to settle the case for $6 billion. 3Ms lawsuit is said to be the largest tort litigation in Americas...

Argo Blockchain Posts Reduced Net Losses in H1 2023 Despite Market Headwinds
Aug 30, 2023 10:59 am UTC| Economy Digital Currency Business
Argo Blockchains half-year 2023 financials show a remarkable decrease in net losses and debt amidst market challenges. With a net loss of $18.8 million, the results display a sharp rebound from the previous years $39.6...

South Korea Begins Export of Premium Hanwoo Beef to Cambodia, Enhancing Bilateral Ties
Aug 30, 2023 10:52 am UTC| Business Economy
In a historic move, South Korea is set to export its premium Hanwoo beef products to Cambodia, marking its debut in the Southeast Asian market. The long-anticipated deal, culminating after eight years of negotiations, is...

Korea’s Mr.Pizza Franchise Gets ₩400M Fine for Unfair Business Practice
Aug 30, 2023 09:03 am UTC| Business Economy Life
Mr. Pizza, a popular pizza franchise in South Korea, was slapped with a fine worth KRW400 million or $302 million. The countrys Fair Trade Commission (FTC) imposed the penalty and explained on Tuesday, Aug. 29, that it...

Mukesh Ambani's Reliance Industries Dives into Blockchain, CBDCs; Partners with BlackRock
Aug 30, 2023 09:01 am UTC| Economy Digital Currency Business
Reliance Industries Ltd., chaired by Asias wealthiest, Mukesh Ambani, is venturing into blockchain and central bank digital currencies (CBDCs) in collaboration with investment titan BlackRock, aiming to revolutionize...