S. Koreans increase reliance on meal kits and food deliveries
Jul 30, 2021 23:38 pm UTC| Life Economy
South Koreas home meal replacement (HMR) market and the food delivery industry collectively grew more than twice from 12 trillion won in 2018 to 25 trillion won in 2021. The countrys HMR market reached 5 trillion won...
Disney sued by Scarlett Johansson over ‘Black Widow’ Disney+ streaming
Jul 30, 2021 10:05 am UTC| Business Economy
Disney has been sued by Marvel star Scarlett Johansson and based on the reports. The actress filed a lawsuit after her movie Black Widow was streamed on Disney+. The 36-year-old actress believed that Disney breached her...
A Twosome Place: South Korean coffee chain was put up for sale
Jul 30, 2021 09:49 am UTC| Business Economy
A Twosome Place is the no. 2 coffee chain brand in South Korea, and recently, it was said to have been put up for sale. It was listed on the market as Anchor Equity Partners, its largest shareholder, decided to sell its...
Nongshim to raise prices of its instant noodle products
Jul 30, 2021 09:27 am UTC| Business Economy
Nongshim, one of the most popular instant noodle brands in South Korea, just announced this week that it will be raising the prices of its products. The food and beverage company said on Thursday, July 19, that it is...
Boeing cancels layoff plans as revenue starts to increase
Jul 30, 2021 08:02 am UTC| Business Economy
Boeing will not lay off its workers anymore and this change of plans stemmed from the fact that the company saw increased revenue in the second quarter. It posted its net income for the first time since COVID-19 brought...
LG Energy, Hyundai join forces to put up an EV battery plant in Indonesia
Jul 30, 2021 07:34 am UTC| Business Economy
LG Energy Solution and Hyundai Motor Group are working together to build an electric battery plant in Indonesia. The plan was revealed on Thursday, July 29, and they will be investing more than $1.1 billion for the...
LG Chem enters battery separator game by acquiring LG Electronics’ CEM for ₩525 billion
Jul 30, 2021 05:52 am UTC| Business Economy
LG Chem revealed on Thursday, July 29, that it has taken over LG Electronics separator business through an acquisition deal. It was mentioned that the chemical company paid ₩525 billion or around $458.5 million for the...
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