S. Korea earmarks 90 billion won electrofuel research and development
May 28, 2021 03:00 am UTC| Economy Business
South Korea will allocate 90 billion won by next year for electrofuel research and development projects, in pursuance of eliminating its carbon emissions by 2050. The Ministry of Trade, Industry and Energy said that...
Sony hopes to boost entertainment users from 160 million to one billion in 2025
May 28, 2021 02:09 am UTC| Economy Business Technology
Sony Group Corp. will spend about 2 trillion in the next three years to multiply sixfold its number of users globally from 160 million to one billion, according to Sony Group Chairman and CEO Kenichiro Yoshida. The...
Ford targets 40% of sales to be comprised of electric vehicles by 2030
May 27, 2021 23:05 pm UTC| Economy Business
Ford is ramping up investment in electric vehicles from the $22 billion target set in February to over $30 billion by 2025, expecting 40 percent of volume by 2030 to be comprised of fully electric vehicles. The US...
Tokyo Games cancelation to cost $17 billion
May 27, 2021 21:52 pm UTC| Economy Business Sports
The 1.81 trillion yen ($17 billion) that Japan would lose by canceling the Tokyo Olympics and Paralympics this summer is much lesser than the economic loss if another state of emergency is declared, says Takahide Kiuchi,...
BTS Meal becomes McDonald's first celebrity collaboration to go globally on sale
May 27, 2021 21:46 pm UTC| Economy Business
The BTS Meal became McDonalds first celebrity collaboration to go on sale globally, now being offered in South Korea, the US, Malaysia, Austria, and eight other countries. It will be available in almost 50 countries by...
Coupang delivery workers granted 4-week paid leave, free personal health service, and more
May 27, 2021 10:12 am UTC| Business Economy
Coupang just announced some good news for its delivery workers this week. The South Korean company introduced its Coupang Care program package for its delivery drivers for their welfare since their work is physically...
Beyond Meat, KFC China collaborates for plant-based beef wrap
May 27, 2021 09:59 am UTC| Business Economy
Beyond Meat is teaming up with KFC China for the new plant-based Spicy Beef Wrap menu. It was announced that this food item will be sold in the restaurants 2,600 stores in 28 cities in China. However, Market Watch...
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