Hyundai Motor wins Red Dot Award's ‘Luminary’ honor for trailer drone
Sep 30, 2022 23:53 pm UTC| Economy Business Life
Hyundai Motor Companys Trailer Drone fully autonomous hydrogen mobility concept won the carmaker its first-ever Luminary honor at Red Dot Award. Germanys Design Zentrum Nordrhein-Westfalen hosts the annual event. The...
Korean Air inks 5-year deal to buy sustainable aviation fuel from Shell
Sep 30, 2022 23:53 pm UTC| Business Economy
Korean Air Lines Co. has signed a five-year deal to purchase sustainable aviation fuel (SAF) from the British firm Royal Dutch Shell plc. beginning in 2026 to help combat climate change. According to Korean Air, it will...
KEPCO to increase Q4 electricity rates due to high costs, losses
Sep 30, 2022 23:53 pm UTC| Business Economy
Korea Electric Power Corp. (KEPCO) will raise fourth-quarter electricity rates for consumer and industrial use due to high energy costs and mounting losses. South Koreas state power utility decided to jack up the...
S. Korean products deal with more import restrictions every year: data
Sep 30, 2022 23:52 pm UTC| Business Economy
The number of import restrictions on South Korean products rose from 187 cases in 2017 to 210 cases in 2021, according to a Korea Trade-Investment Promotion Agency (KOTRA) report. Early this year, 27 countries imposed...
Kappa Sushi president arrested on suspicion of stealing data from rival chain
Sep 30, 2022 23:52 pm UTC| Law Economy Business
Tokyo police arrested Koki Tanabe, the president of the operator of the Kappa Create sushi restaurant chain, on suspicion of fraudulently obtaining confidential information on a rival company. Tanabe, 46, president of...
Japanese beer lovers make bulk purchases ahead of price hikes
Sep 30, 2022 23:52 pm UTC| Life Economy Business
Japanese consumers made last-minute bulk purchases of beer before the October price increases. Beer is one of about 6,500 food products that will cost more, according to a survey by research company Teikoku Databank...
Mitsubishi Heavy partners with 4 utilities to develop new nuke reactor
Sep 30, 2022 23:52 pm UTC| Nature Economy Business
Mitsubishi Heavy Industries Ltd. announced that it will, along with four major Japanese power utilities, develop a next-generation nuclear reactor that will go online in the 2030s. The advanced light water reactor, one...
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