
SK, Joyvio Group to create 100 billion won alternative food fund
Jul 26, 2021 22:57 pm UTC| Economy Business
SK Inc. will invest 18 billion won in a team-up with Chinese food company Joyvio Group to create a 100 billion won fund to invest in alternative foods, such as plant-based meat and fermented protein. The remaining...

US firm HAAH eyes bringing SsangYong Motor SUVs, pickups to US, Canada
Jul 26, 2021 22:47 pm UTC| Economy Business
US-based vehicle importer HAAH Automotive Holdings Inc. is set to submit its letter of intent to acquire SsangYong Motor Co. by Friday, looking to bringing the carmakers SUV models and pickup trucks to the US and...

Top Notch Jerky recalls beef jerky products over undeclared allergens
Jul 26, 2021 10:25 am UTC| Business Economy
Top Notch Jerky issued a recall on its popular beef jerky products due to undeclared allergens and misbranding. According to ABC13 WBKO, the company is recalling around 107 pounds of ready-to-eat beef jerky. Top Notch...

South Korea’s instant noodle exports hit new record-high during the pandemic
Jul 26, 2021 10:10 am UTC| Business Economy
South Korea is a country where instant noodles are very much loved by its citizens. In fact, there is no home in the country that does not have even a pack of instant noodles that they called ramyeon. New record for the...

Australia's Lorna Jane activewear fined AU$5 million over false COVID-19 claims
Jul 26, 2021 09:06 am UTC| Business Economy
Lorna Jane, an Australian activewear company, was recently fined AU$5 million after claiming that its new line of active clothing can stop the spread of COVID-19. The firm said that its clothing could eliminate the virus,...

Cheerios, Harley-Davidson, Kimberly Clark, and other US companies are raising prices
Jul 26, 2021 08:41 am UTC| Business Economy
Cheerios, Harley-Davidson, Kimberly Clark, and Whirlpool are just some of the companies in the United States that are raising the prices of their products. The price increases were said to be due to higher costs of...

GM, Cruise filed a lawsuit against Ford for alleged ‘BlueCruise’ copyright infringement
Jul 26, 2021 07:13 am UTC| Business Economy
GM and its subsidiary Cruise LLC have sued Ford Motor over the use of the BlueCruise name that refers to the hands-free driving technology. The filing of the lawsuit was revealed on Saturday, July 24. Copyright...