Samsung to launch its upgraded digital wallet in 13 countries
Oct 17, 2022 08:42 am UTC| Business Economy
Samsung Electronics is bringing its digital wallet to 13 additional countries and battle with its rival, Apple Pay. The move comes as Apple Pay is set to arrive in South Korea through its partnership with Hyundai Card next...
SM Entertainment to cancel contract with Lee Soo Man’s Like Planning
Oct 17, 2022 08:08 am UTC| Business Economy
SM Entertainment Co., Ltd. finalized its decision to terminate its contract with its own founder Lee Soo Mans production company called Like Planning. The entertainment firm confirmed late last week that it is cutting its...
Kakao could be probed by government for possible market monopoly, Report
Oct 17, 2022 06:36 am UTC| Business Economy
Kakao may be investigated as the South Korean government would like to check if the company has monopolized the market. The countrys President, Yoon Suk Yeol, told the press that if found to be true, the authorities will...
Kroger acquiring rival Albertsons grocery chain, Bernie Sanders calls deal ‘absolute disaster’
Oct 17, 2022 06:21 am UTC| Business Economy
Kroger is aiming to buy its rival, Albertsons, to form a massive grocery chain in the United States. The former is investing $24.6 billion in the takeover. If Kroger and Albertsons merge, their combined value will be...
Government must find a way to force gas prices down – but how?
Oct 16, 2022 13:43 pm UTC| Insights & Views Economy
Senior ministers this week have dramatically raised the stakes in the Albanese governments face-off with gas producers, amid escalating energy prices and dire warnings of worse to come. The question now is how does the...
UK test for new oil and gas fields' impact on emissions targets is not fit for purpose
Oct 16, 2022 13:37 pm UTC| Economy
Liz Trusss government is expected to fast-track permits for new North Sea gas fields to boost fossil fuel extraction on the UKs continental shelf. In a recent letter, the Committee on Climate Change (an expert body that...
Oct 16, 2022 13:35 pm UTC| Economy
1. How fast is the cost of living rising? The latest data, for September, shows average consumer prices are up 8.2% from a year earlier. The monthly gain of 0.4% was double what economists surveyed by Reuters had...
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
The Mattei Plan: why Giorgia Meloni is looking to Africa
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