Jun 22, 2021 10:30 am UTC| Business Economy
Amazon chief Jeff Bezos previously announced his plan to travel to the edge of space next month. He said that he would be one of the first few civilians who will be able to go on the very first passenger flight to space...
Steven Spielberg's Amblin Partners teams up with Netflix for feature films
Jun 22, 2021 09:41 am UTC| Business Economy
Steven Spielbergs production company, Amblin Partners, just signed a deal with Netflix for multiple feature films. It was reported that the blockbuster director who is known for his worldwide movie hits including Jurassic...
Jun 22, 2021 09:16 am UTC| Business Economy
The Coupangs warehouse in Gyeonggi province was gutted by fire last weekend. It was said to be one of the e-commerce companys largest warehouses that measure 127,178 square meters. The tragedy caused by the fire The...
S. Korea's exports post 29.5% gain from June 1 to 20
Jun 22, 2021 08:58 am UTC| Economy Business
South Koreas export momentum weakened on base effect, rising 29.5 percent in the first 20 days of the month from a year earlier, which is much less than the 45.6 percent jump for the full month of May. Yoon Yeo-sam, an...
Samsung, LG predicted to sign a deal for the supply of OLED display panels
Jun 22, 2021 08:50 am UTC| Business Economy
Samsung Electronics is reportedly likely to place an order for LG Displays organic light-emitting diode or OLED TV panels. Based on the report, the company is close to signing a deal for the purchase of three to four...
Hyundai is close to sealing the deal for the sale of its Beijing plant
Jun 22, 2021 07:57 am UTC| Business Economy
Hyundai Motor Group is reportedly close to completing the sale of its first plant in Beijing. The South Korean automaker is selling its facility in the said region to Li Motors, a Chinese electric vehicle...
S. Korea's LG, Canada's Magna to launch EV powertrain JV on July 1
Jun 22, 2021 07:35 am UTC| Economy Business
The South Korean tech giant LG Electronics Inc. and Canadian auto parts maker Magna International Inc. are set to launch their electric vehicle (EV) powertrain joint venture LG Magna e-Powertrain Co. on July 1. Magna...
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