McDonald's collaboration with BTS; Here’s how much the fast-food chain bet on the Kpop stars
May 31, 2021 08:11 am UTC| Business Economy
McDonalds launched the BTS meal last week as part of its celebrity menu collaborations. This time, the world-famous fast-food chain chose the biggest band in the world, and many are wondering how much the company may have...
SK Innovation, Ford considering Ohio and Texas as sites for their joint battery venture
May 31, 2021 06:55 am UTC| Business Economy
SK Innovation and Ford have joined forces to produce batteries for electric cars. For this joint business venture, it was reported that the two companies are considering setting up their facility for production in either...
Apple luring LG smartphone users to shift to iPhone by launching a trade-in program
May 31, 2021 06:44 am UTC| Business Economy
Apple Korea reportedly launched its trade-in program for people with LG smartphones. The scheme was said to have been designed to lure LG phone users into shifting to Apple. The Apple trade-in details As per The...
Celltrion's Humira Biosimilar approved and set for launch in Europe
May 31, 2021 06:19 am UTC| Business Economy
Celltrion Healthcare will bring its parent companys adalimumab biosimilar called Yuflyma to Europe next month. The company is in charge of Celltrions businesses overseas, and it will be launching the said biosimilar drug...
S. Korea's Posco inks investment deal with Chinese firm in secondary battery recycling
May 29, 2021 23:53 pm UTC| Economy Business
Posco inked a joint investment deal with Chinese cobalt supplier Huayou Cobalt and the government of South Jeolla Province in the secondary battery recycling business. Huayou Cobalt is a Shanghai-listed company...
Hyundai Motor to sell suspended No. 1 Beijing plant site
May 29, 2021 23:46 pm UTC| Economy Business
Hyundai Motor Co. is seeking to sell the site of its suspended No. 1 Beijing plant to the Shunyi administrative district. The plant site has been suspended since April 2019 after Hyundai suffered years of sluggish sales...
Nissan sued by overseas investors for $315 million over former boss's financial misconduct
May 29, 2021 23:40 pm UTC| Economy Business Law
Around 90 non-Japan-based institutional investors have sued Nissan Motor Co for their financial losses caused by former boss Carlos Ghosns financial misconduct cases and asking $315 million in damages. The plaintiffs...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects