Samsung Electronics welcomes the appointment of the first female president in the company
Dec 06, 2022 09:32 am UTC| Business Economy
Samsung Electronics announced the appointment of its very first female president, as its chairman Lee Jae Yong is, strongly intending to break the glass ceiling in the organization. The new female president was revealed...
Kimchi US exports hit a record high this year as the popularity of K-food spikes
Dec 06, 2022 09:21 am UTC| Business Economy
Kimchi, the favorite side dish of Koreans, is getting more popular as the interest in it continues to grow around the world. The popularity was also attributed to the boom in K-food, leading to the spike in demand in the...
POSCO Chemical signs six-year battery supply deal with GM-LG Ultium Cells joint venture
Dec 06, 2022 07:44 am UTC| Business Economy
POSCO Chemical inked a six-year deal with Ultium Cells LLC, the US-based company that was established via the joint venture between General Motors and LG Energy Solution. The contract is for the supply of synthetic...
Dec 06, 2022 07:30 am UTC| Business Economy
Apple, the maker of iPhones, is reportedly considering moving to either Vietnam or India as the workers protest in China continues to escalate. Riots broke out due to the zero-COVID policies at the iPhone factory in the...
AT&T agrees to $6M penalty for SEC lawsuit settlement over information disclosure to analysts
Dec 06, 2022 06:50 am UTC| Business Economy
ATT Inc. is set to pay a $6.25 million penalty to the U.S. Securities and Exchange Commission as it agreed to settle its lawsuit case over alleged selective leakage of financial information to analysts at Wall...
Formula E signs multi-year extension with and Julius Baer
Dec 06, 2022 05:27 am UTC| Sports Economy Business Nature
Formula E has signed a multi-year extension to retain Julius Baer as a partner until 2026 and expand its role by becoming the title sponsor of the São Paulo round on March 25. Julius Baer was one of the...
Metaverse: Firefox’s Mozilla buys Active Replica for its metaverse push
Dec 05, 2022 10:05 am UTC| Business Economy
Firefoxs Mozilla internet browser announced its acquisition of Active Replica, a company centered on building VR-based virtual event and collaboration technologies. This is a strategic deal for the company to achieve its...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight