Volkswagen, Enel X Way unveils Ewiva joint venture to build charging network in Italy
Dec 17, 2022 04:29 am UTC| Business Economy
Volkswagen Group and Enel X Way energy company based in Rome have teamed up to form a joint venture that will build a high-power charging (HPC) network throughout Italy. Their JV has been named Ewiva, and each company owns...
LG Display to shut down its LCD TV production line in Paju
Dec 16, 2022 10:41 am UTC| Business Economy
LG Display is halting activities in its production plant in Paju, Gyeonggi Province. This means the company will stop manufacturing LCD TV panels as the factory is shutting down this month. According to The Korea Times,...
Shinsegae, KT ink partnership deal to digitized retail shopping
Dec 16, 2022 08:35 am UTC| Business Economy
Shinsegae Inc. and KT Telecoms have signed a memorandum of understanding (MOU) to digitize shopping, land development, and logistics. This is a three-way cooperation where they will work for the digital transformation of...
LG Electronics, Corning partner to produce premium curved glass for automakers
Dec 16, 2022 08:14 am UTC| Business Economy
LG Electronics and Corning Inc. have come together to work on curved glass displays for vehicles. Through their partnership that was announced this week, they will be developing the said product and planning to supply them...
Mondelez International announces addition of Ann Mukherjee to its Board of Directors
Dec 16, 2022 08:05 am UTC| Business Economy
Mondelez International Inc. made an announcement recently regarding its appointment of a new Board of Directors member. The maker of the Oreo and Cadbury chocolate line said that Ann Mukherjee, the chief executive officer...
Hy Yakult Korea transitions to logistic distribution, threatens Coupang in delivery business
Dec 16, 2022 06:53 am UTC| Business Economy
Hy, a company, formerly known as Korea Yakult, is quickly transitioning and becoming a logistics distribution company. It may seem unthinkable, but it is successful in its transformation due to its vast Yakult sales...
Golden State Warriors valued at $7.56 billion to top NBA franchises
Dec 15, 2022 23:59 pm UTC| Sports Economy Business
The defending NBA champion Golden State Warriors were valued at $7.56 billion by a sports business publication to edge the New York Knicks as the NBAs most valuable franchise. The valuation puts the Warriors just behind...
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