
Huawei may be barred in India due to national security scare
Mar 12, 2021 08:12 am UTC| Business
Huawei was once the leading smartphone brand in China, and it also dominated international markets at some point. However, after it was banned by the U.S. under the Trump administration, alleging it is a threat to national...

Amazon workers in Italy planning a company-wide strike on March 22
Mar 12, 2021 07:05 am UTC| Business
Amazon in Italy will have its first company strike in the third week of this month. It was reported that the workers are planning a 24-hour protest after negotiations with headquarter office in the U.S. collapsed. The...

Kroger accused of retaliating against the hazard pay mandate by announcing the closure of its stores
Mar 12, 2021 06:29 am UTC| Business
Kroger is shutting down three of its grocery stores located in Los Angeles. The American retail company stated that the closures would happen in May. The announcement of the discontinuation of three Kroger stores came...

Samsung heir Lee Jae Yong facing another police probe for alleged illegal drug use
Mar 12, 2021 05:31 am UTC| Business
Samsung heir Lee Jae Yong is currently in jail, and yet he has another case coming after it was revealed he is being investigated for drug use too. The former company vice president is allegedly using the banned drug in...

Mar 12, 2021 05:05 am UTC| Business
Woowa Brothers CEO Kim Bong Jin announced his intention to sell some of his stakes in the food delivery company that he owns. He said that he would give up part of his shares in Baedal Minjok, a Seoul-based restaurant...

US imposes more restrictions on Huawei suppliers
Mar 12, 2021 00:00 am UTC| Business
The Biden administration further restricted US companies from selling 5 G-related items to Chinas Huawei Technologies Co by amending their licenses. The amendment would make the licenses more consistent with the tougher...

Boeing selling dozens of 737 MAX 7 to Southwest Airlines
Mar 11, 2021 23:59 pm UTC| Business
Boeing Co is close to selling dozens of its 737 MAX 7 jets to Southwest Airlines Co, that includes potentially significant options. Each 737 MAX 7has a listed price of around $100 million, though it sells for less than...