
Toshiba to sell stake in Carrier, split into two entities
Feb 08, 2022 02:14 am UTC| Economy Business
Toshiba plans to sell its joint venture stake in Toshiba Carrier Corp. to US-based Carrier Group for about $877 million as part of efforts for placating unhappy shareholders. The Japanese technology giant is also...

Gyeongju farmers increase the variety of subtropical fruits being produced
Feb 08, 2022 01:15 am UTC| Economy Business
Gyeongju is gaining popularity in growing subtropical fruits adding tangerines and other varieties commonly grown in the southern regions since the early 2010s. Tangerines are grown in greenhouses in Gyeongju, run by 24...

SK Telecom partners with US-based air taxi startup Joby Aviation in developing flying cars
Feb 08, 2022 00:38 am UTC| Economy Business
SK Telecom Co. has partnered with US-based Joby Aviation in developing flying cars to help expand its foothold in urban air mobility (UAM) services. South Koreas top wireless carrier said they would form a regular...

Feb 07, 2022 23:07 pm UTC| Economy Business
MM Agrawal Group (MMG) is debuting its omnichannel digital platform, Moonshot, which would help enable its partners such as Coca-Cola and McDonalds to scale-up distribution and marketing across channels. A diversified...

Samsung reuses discarded fishing nets for its Galaxy S22
Feb 07, 2022 19:08 pm UTC| Economy Nature
Samsung Electronics Co. is repurposing discarded ocean-bound fishing nets as a material in its Galaxy devices as part of its efforts to expand the use of eco-conscious materials. The Galaxy S22, the first device to have...

Nestlé acquires Orgain to expand its plant-based portfolio
Feb 07, 2022 14:06 pm UTC| Business Economy
Nestle has a newly-acquired company, and it is the protein shake maker, Orgain. The latter produces plant-based bars, shakes, and protein powders, and the Swiss multinational food and drink processing company headquartered...

Ford Motor suspends, reduces production at 8 factories over chip shortage
Feb 07, 2022 10:09 am UTC| Business Economy
Ford Motor Company is planning to temporarily stop or reduce production in eight of its plants located in the United States, Canada, and Mexico. The suspensions will run throughout next week, and the automaker cited chip...