
Nissan, Hitachi to keep elevators running during blackouts with EV batteries
Jan 30, 2023 09:25 am UTC| Nature Economy Business
Japanese carmaker Nissan Motor Co Ltd and Hitachi Building System plan to utilize an EV battery-powered system to keep elevators running during blackouts. In what appears to be an early attempt in earthquake-prone Japan...

Gucci appoints Valentino senior designer Sabato De Sarno as creative director to revive the brand
Jan 30, 2023 09:10 am UTC| Business Economy
Kering luxury goods company announced that its Gucci fashion brand has a new creative director. The firm said that former Valentino senior fashion designer, Sabato De Sarno, has been appointed to the post. As he moves...

Hana Financial to explore more M&As to become the best financial group in Asia
Jan 30, 2023 08:56 am UTC| Business Economy
Hana Financial Group aims to become the best financial firm in Asia. This goal was revealed after it announced its growth strategies for this year. The third largest financial group in South Korea revealed it would be...

SK On’s SK Battery America to launch an IT center in Georgia
Jan 30, 2023 07:28 am UTC| Business Economy
SK Battery America, which was established by SK On as its production base in the United States in 2019, is set to open its IT facility in Georgia. The state governors office confirmed last week that the centers launch is...

Toss Mobile receives over 100,000 subscription pre-applications before its launch
Jan 30, 2023 07:04 am UTC| Business Economy
Toss Mobile, the telecom unit of Toss finance super app, said it has received about 150,000 pre-applications for service subscriptions. This is considered a big feat because it has not been officially introduced to the...

Samsung recruits former Ericsson executive to step up its network business
Jan 30, 2023 06:54 am UTC| Business Economy
Samsung Electronics reportedly hired two executives who have previously worked for Ericsson, a networking and telecommunications company headquartered in Stockholm, Sweden. They are said to be experts in their line of work...

Lucid’s shares surge 43% on report Saudi PIF to buy remaining stake
Jan 30, 2023 06:24 am UTC| Business Economy Investing
Lucid Groups shares surged 43 percent on Friday after it was speculated that Saudi Arabias Public Investment Fund (PIF) wanted to buy it out. The speculation originated from the website Betaville. The luxury electric...