BMW Group Korea to seek mutual growth with local community
Aug 30, 2022 21:58 pm UTC| Economy Business Life
BMW Group Korea is making steady efforts to provide distinctive experiences to its customers according to their lifestyles in its bid to seek mutual growth with the community. The efforts are in line with its corporate...
Olympus to sell microscope unit to Bain for $3 billion, focus on medical technology
Aug 30, 2022 21:29 pm UTC| Science Economy Business
Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...
OpenSea's volume plunges 99% in 90 days
Aug 30, 2022 20:46 pm UTC| Technology Economy Business
OpenSea has witnessed a 99 percent drop in volumes in the past 90 days from its record high as fears about a potential market bubble grow. Notably, on August 28, the worlds largest NFT marketplace processed nearly $5...
Ragnarok CEO apologizes for losing 12% of startup capital, vows to compensate treasury
Aug 30, 2022 20:31 pm UTC| Technology Economy Business
Ragnarok Gaming CEO 0xfanfaron apologized publicly for his missteps in leading the company which led to $1.827 million in realized losses. Among his moves was to buy 15.5 million worth of ETH thinking it was an...
US labor agency says it's unlawful for Tesla to prohibit wearing union shirts
Aug 30, 2022 19:06 pm UTC| Law Economy Business Life
The National Labor Relations Board (NLRB) ruled that it was unlawful for Tesla to prohibit employees from wearing shirts bearing a union insignia. In a 3-2 decision on a 2017 dispute between Tesla and the United...
GM to offer cheapest hybrid in the US that only costs $14,500
Aug 30, 2022 16:16 pm UTC| Life Economy Business
The joint-venture company between GM, SAIC Motor, and Liuzhou Wuling Motors revealed the Wuling Asta Hybrid, the cheapest hybrid it could sell in the US for around $14,500. The cheapest hybrid available in the US is now...
Jaguar Land Rover suspends production of several models due to parts shortages
Aug 30, 2022 16:03 pm UTC| Life Economy Business
Jaguar Land Rover is facing parts shortages and will suspend the production of Land Rover Discovery, Evoque, Velar, and Jaguar XE, XF, F-Pace, and I-Pace in September. Production will continue with the Jaguar F-Type,...
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