SK Innovation to break off its battery and refining business units
Aug 05, 2021 06:41 am UTC| Business Economy
SK Innovation is set to split up its battery and petroleum refining business divisions. It was revealed on Wednesday, Aug. 4, that the South Korean company will be dividing the units and separate them to become two new...
Aug 05, 2021 05:13 am UTC| Business Economy
Kroger and Kitchen United announced their partnership to build ghost kitchens in some of the formers grocery outlets. The two joined forces to be able to offer takeout and food delivery from restaurants. According to...
Tencent shares plunge 10% after China media calls online gaming 'electronic drugs'
Aug 04, 2021 23:26 pm UTC| Economy Technology
Stocks of Chinas biggest social media and video game firm Tencent tumbled over 10 percent, wiping almost $60 billion from its market capitalization after state-run Economic Information Daily likened online video games to...
Nissan and AESC to build $456 million EV battery plant in Japan
Aug 04, 2021 23:17 pm UTC| Economy Business
Envision AESC and Nissan will build a second car battery factory in two months, set to rise in Ibaraki Prefecture, with an initial investment of $456 million and an annual production capacity of six gigawatt-hours in...
NTT laments lost opportunity to showcase technology at Tokyo Olympics
Aug 04, 2021 23:11 pm UTC| Sports Economy
Japanese companies like Nippon Telegraph and Telephone Corp. lament the missed opportunity for their products to take center stage with the lack of spectators in the Olympic games. NTT wanted to showcase its...
Toss offers free transactions amid growing online bank competition
Aug 04, 2021 22:26 pm UTC| Economy Technology
Viva Republica would eliminate transaction fees for Toss users starting Monday, as it prepares to launch Toss Bank next month and gears up for growing competition with internet-only banks and other fintech firms. The...
S. Koreans complain of discrimination after Tesla suspends sales of Model 3 Long Range
Aug 04, 2021 22:01 pm UTC| Economy Business
South Koreans raised complaints against Tesla Inc. for discriminating against them after the US electric vehicle maker suspended sales of its Model 3 Long Range while continuing to sell it elsewhere. The Model 3 Long...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects