Emart24 launching AI-based alcohol vending machine in unmanned convenience stores
Jul 19, 2021 09:23 am UTC| Business Economy
Emart24 is set to launch its unmanned alcohol vending machine that can be found in its convenience stores. This artificial intelligence machine will be part of the totally unmanned operation of store outlets. How the...
Jul 19, 2021 08:48 am UTC| Business Economy
SK Innovation received 90 million or around $106.2 million subsidy grant from the government of Hungary so it can build its second electric vehicle battery factory in the country. The grant was approved by the European...
Renault Samsung halts Korean plant operations over chip shortage
Jul 19, 2021 08:04 am UTC| Business Economy
Renault Samsung Motors Corp. announced on Monday, July 19, that it would be suspending its plant operations in South Korea. The halt is temporary, and the company will resume production once it has enough parts to use for...
LG Electronics revealed plans to transition to 100% renewable energy by 2050
Jul 19, 2021 06:46 am UTC| Business Economy
LG Electronics announced on Sunday, July 18, that it has plans to shift to renewable energy by the year 2050. The South Korean company said that its target is a full transition to sourcing power generated from natural...
Jul 19, 2021 05:35 am UTC| Business Economy
Impossible Foods is expanding its plant-based meat line with the addition of chicken nuggets. The American company that develops plant-based substitutes for meat products will be releasing its new product via a trade show...
Samsung Heavy's design for offshore floater receives approval
Jul 19, 2021 05:21 am UTC| Economy Business
Samsung Heavy Industries Co. has obtained approval in principle (AIP) for its 9.5-megawatt wind power turbine offshore floater from the Norwegian ship quality assurance and risk management company, DNV. An AIP means its...
S. Korea's top shipbuilders expected to suffer earnings shock in Q2
Jul 18, 2021 20:36 pm UTC| Economy Business
South Korean shipbuilders are expected to report sluggish second-quarter earnings despite brisk orders due to a sharp rise in steel plates prices, analysts said. Chung Dong-ik, an analyst at KB Securities Co.,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects