S. Korea to import more eggs this month to stabilize prices
Apr 24, 2021 14:38 pm UTC| Economy Business
South Korea plans to import 40 million eggs in April, up from the initially planned imports of 25 million, to help stabilize rising egg prices caused by the bird flu outbreak. The Ministry of Economy and Finance said it...
Honda vows to exclusively make emissions-free vehicles by 2040
Apr 24, 2021 14:24 pm UTC| Business Economy
Honda vowed to exclusively sell battery-electric vehicles and fuel cell electric vehicles by 2040 in its three major markets of North America, China and Japan, said its CEO, Toshihiro Mibe. While the Japanese automaker...
ADM opens plant-based lab in Singapore
Apr 24, 2021 10:10 am UTC| Business Economy
ADM has opened a plant-based innovation lab in its Biopolis research hub in Singapore to develop plant-based products, tailor-made for the Asian consumer palate. It will be staffed by a combination of experts in...
KB posts 1.2 trillion won Q1 net profit to become S. Korea's top banking group
Apr 24, 2021 10:06 am UTC| Economy
KB Financial Group posted a net profit of 1.2 trillion won in the first quarter, up 74.1 percent on-year to outperform the three other major South Korean banking groups. Buoyed by robust earnings from its nonbanking...
Mattel posts record 47% quarterly sales jump as more parents buy Barbie dolls, Hot Wheels
Apr 23, 2021 15:26 pm UTC| Business Economy
Mattel Inc posted a record 47 percent jump in first quarterly sales to $874.2 million as Americans bought more Barbie dolls and Hot Wheels cars to keep kids entertained during the pandemic. Sales are usually slow during...
Inflation: why it could surge after the pandemic
Apr 23, 2021 13:59 pm UTC| Economy
Inflation is rising again in the UK, according to the Office for National Statistics. Prices in March rose 0.7% compared to a year earlier, against a 0.4% rise in February. One of the main drivers was that fuel prices have...
Numbers returning from India cut because of increase in quarantine cases
Apr 23, 2021 11:51 am UTC| Economy
The numbers of Australian citizens and permanent residents allowed to return from India and other COVID high risk countries are to be restricted. With COVID surging in India, the cases in quarantine among people...
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