Juul vaping company to settle marketing investigation by paying $438.5M
Sep 07, 2022 10:07 am UTC| Business Economy
Juul Labs, the American electronic cigarette company, has settled and agreed to pay almost $439 million to end the probe on its sales and marketing practices concerning the youths. The settlement will conclude the...
Audi Korea unveils its first all-electric Q4 SUV models
Sep 07, 2022 09:27 am UTC| Business Economy
Audi Korea officially released its first line of all-electric sport utility vehicles this week. The Korean unit of the German automotive manufacturer launched two compact SUVs on Tuesday, Sept. 6 and these are the Audi Q4...
McDonald's announces the return of this menu as the fall season arrives
Sep 07, 2022 08:48 am UTC| Business Economy
McDonalds is bringing back one of the customers favorite seasonal food items, and it will be a new addition to the menu this month. As the fall season is here, the fast-food chain announced the return of its Cheese Danish...
Lotte Confectionery inks deal with Canada's Aspire Food for edible insect business collaboration
Sep 07, 2022 08:41 am UTC| Business Economy
Lotte Confectionery has signed a partnership deal with Aspire Food Group to work together on the development of protein alternatives and edible insect products. This is also a strategic collaboration as the South Korean...
SK hynix to build a new M15X Fab chip plant in Cheongju
Sep 07, 2022 08:29 am UTC| Business Economy
SK hynix is set to start the construction of its newest chip production plant in Cheongju, Chungcheongbuk-do. The company is building the M15X extension in the said region to prepare for its future growth, and this was...
Ex-Georgia PM blames Credit Suisse unit in Singapore case for $1.27 billion losses
Sep 06, 2022 23:14 pm UTC| Law Economy Business Investing
Ex-Georgia prime minister Bidzina Ivanishvili blamed Credit Suisse Trust Ltd in Singapore for failing to take steps to prevent him from losing $1.27 billion. His losses were traced back to Patrice Lescaudron, a former...
Volkswagen to float Porsche for IPO
Sep 06, 2022 23:03 pm UTC| Business Economy
Volkswagen published an intention to float the sports car brand Porsche for an initial public offering, which could become one of the worlds largest listings amid record inflation. The IPO is eyed for late September or...
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