Mazda, Toyota to end vehicle production in Russia
Sep 27, 2022 07:59 am UTC| Business Economy
Mazda Motor Corp. is reportedly in talks to end its production in Russia. The Japanese automaker has been building vehicles in Vladivostok as part of its joint venture agreement with the local carmaker called the Sollers,...
Shinhan Bank, Naver join the food delivery market race in South Korea
Sep 27, 2022 07:43 am UTC| Business Economy
Shinhan Bank and Naver may be operating in the financial and technology business areas, but both have jumped into a new industry and are ready to compete with other companies. The two firms are set to heat up the food...
GM announces $760M investment for its Toledo plant upgrade to produce EVs
Sep 27, 2022 07:04 am UTC| Business Economy
General Motors revealed its newest investment plan for its Toledo Propulsion Systems plant in Toledo, Ohio. The automaker is putting in $760 million to upgrade the site to make electric controllers for electric...
Instacart reportedly cutting jobs ahead of IPO
Sep 26, 2022 10:33 am UTC| Business Economy
Instacart Inc., an American firm that operates a grocery delivery and pick-up service in the United States and Canada through its website and mobile app, is reportedly getting rid of its staff as it moves closer to its...
Sep 26, 2022 09:49 am UTC| Business Economy
WeMade is a South Korean video game developer based in Seongnam that is known for its Legend of Mir series of massively multiplayer online role-playing games or MMORPGs. Its most successful titles are The Legend of Mir 2...
Beyond Meat scraps supply chain chief role following Bernie Adcock’s resignation
Sep 26, 2022 09:22 am UTC| Business Economy
Beyond Meat has decided to discard the companys chief supply chain role after Bernie Adcock resigned from his post. He just joined the firm in December 2021 as the chief supply officer after leaving Tyson Foods. The...
Ford announces major management shake-up to boost supply chain, EV division
Sep 26, 2022 08:50 am UTC| Business Economy
Ford Motor Company announced late last week that it would make big changes in its management through a major executive shuffle. The automaker said this move is being made to further bolster the product development of its...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects