S. Korea’s big 3 shipbuilders to hike newbuilding prices to cover steel cost
Aug 03, 2021 12:06 pm UTC| Economy Business
South Koreas three major shipbuilders will raise new shipbuilding prices to enhance profitability following hefty second-quarter operating losses estimated at a combined 1.5 trillion won due to higher steel...
Japanese firms collaborate facial recognition-based payment platform
Aug 03, 2021 11:44 am UTC| Technology Economy
Panasonic, Resona, credit card firm JCB Co., and Dai Nippon Printing Co. aim to introduce a facial recognition-based payment platform that lets customers deposit, withdraw and transfer money at banks as early as April next...
Whole Foods issues recall for Cahill's cheese brand for listeria risk
Aug 03, 2021 10:04 am UTC| Business Economy
Whole Foods announces a recall for some cheese brands that it sells. It was reported that the American supermarket chain is selling the affected product in its grocery markets in 22 states. According to Fox Business,...
Heavy beer drinkers force Kirin Brewery to charge for factory tours
Aug 03, 2021 09:33 am UTC| Life Economy
Overconsumption of beer during free tastings in factory tours forced Kirin Brewery Co. to charge participants 500 yen beginning Oct. 1. The change is intended to prevent visitors from repeatedly returning for free beer...
Starbucks Korea, Mini collaborate for special drinks and merchandise
Aug 03, 2021 09:22 am UTC| Business Economy
Starbucks Korea and Mini Korea recently teamed up to release special beverages, a new menu, and some merchandise. As per The Korea Herald, the coffee chain company and the Korean unit of the German auto marque announce the...
Foot Locker acquires WSS, atmos shoe stores for $1.1 billion
Aug 03, 2021 08:59 am UTC| Business Economy
Foot Locker is buying two footwear store chains in a strategic deal that cost $1.1 billion. The sportswear and footwear retail company headquartered in New York City is reportedly paying in cash. CNBC reported that the...
Korea’s Netmarble buys SpinX casino game company for $2.1 billion
Aug 03, 2021 08:41 am UTC| Business Economy
Netmarble Corp., South Koreas largest mobile gaming company, revealed its plan to buy SpinX Games, a Hong Kong-based casino game firm. It was shared that the acquisition deal will cost the game developer some $2.1...
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