S. Korea aims to nearly double marine shipping sales by 2030
Jun 29, 2021 23:11 pm UTC| Economy Business
South Korea is targetting 70 trillion won in sales by 2030, marking a 75 percent increase from 40 trillion won estimated for this year, said the Ministry of Oceans and Fisheries. The countrys goal is to dominate 50...
S. Korean govt, carriers to test mmWave 5G tech in Seoul subway
Jun 29, 2021 19:44 pm UTC| Economy Technology
South Koreas ICT ministry and its wireless service providers SK Telecom Co., KT Corp., and LG Uplus Corp will test millimeter wave (mmWave) 5G technology in the Seoul subway system to improve network services and speed up...
US federal court dismisses antitrust complaints against Facebook
Jun 29, 2021 15:40 pm UTC| Economy Law Business
A US federal court dismissed the Federal Trade Commissions antitrust complaint against Facebook, as well as a related case brought by 48 state attorneys general in acquiring Instagram and WhatsApp. Following the...
Dole issues recall on its blueberries for possible cyclospora contamination
Jun 29, 2021 10:59 am UTC| Business Economy
Dole just issued a recall for its fresh blueberries after it was found that it could be potentially contaminated with cyclospora, a parasite that, when consumed by people through food or drink, can cause an intestinal...
Playboy to acquire Honey Birdette lingerie retailer for $330 million
Jun 29, 2021 09:41 am UTC| Business Economy
Playboys owner is said to be buying Honey Birdette, a lingerie retailer in Australia. It is a luxury lingerie brand that garnered attention due to its overly provocative marketing strategy, and now the Playboy brand will...
Juul settles vaping lawsuit in North Carolina with $40M payout
Jun 29, 2021 09:19 am UTC| Business Economy
Juul lost its case against the state of North Carolina concerning the vaping lawsuit that the state filed. Now the electronic cigarette maker is settling the case by paying $40 million. The court settlement As per...
Burberry CEO Marco Gobbetti resigns to lead rival Ferragamo
Jun 29, 2021 08:38 am UTC| Business Economy
Burberrys chief executive officer, Marco Gobbetti, has resigned and will be moving back to Italy to lead the companys fashion business rival, Ferragamo. His exit from the British luxury fashion brand comes as the company...
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