SK acquires controlling stake in US’ Atom Power energy solutions company
Aug 18, 2022 08:27 am UTC| Business Economy
SK Group, the second largest company in South Korea, announced on Thursday, Aug. 17, that it has acquired a major controlling stake in Atom Power Inc., a US-based energy solutions firm, to further expand its business in...
Amazon to raise seller fees to cope with soaring inflation
Aug 18, 2022 08:15 am UTC| Business Economy
Amazon is having difficulties due to the soaring inflation, thus it is implementing an increase in seller fees to cope. It was reported that the e-commerce giant would be raising fulfillment fees during the holiday...
HiteJinro unionized cargo drivers occupy the company’s HQ during strike
Aug 18, 2022 08:03 am UTC| Business Economy
HiteJinro delivery drivers continue with their protest to demand a raise in delivery fees. In the groups latest strike, it was reported that the workers became more aggressive and occupied the brewing and distiller...
Jack in the Box offers multi-unit incentive program for US franchisees
Aug 17, 2022 23:28 pm UTC| Life Economy Business
Jack in the Box Inc. is sharing significant financial benefits with those who enter into a minimum three-unit franchise development agreement. The financial incentives of the program focus on discounted royalty fees for...
Cadillac replaces Mercedes as official US Open vehicle
Aug 17, 2022 23:24 pm UTC| Sports Economy Business Life
Cadillac has signed a multi-year partnership with the US Tennis Association to replace Mercedes as the official vehicle of the US Open Grand Slam event. The Detroit-based company will have onsite visibility throughout...
Coke, Pepsi, RC Cola confirm reports of sugar shortage in Philippines
Aug 17, 2022 23:12 pm UTC| Economy Business
The Philippines top soft drink manufacturers confirmed reports of a refined sugar shortage, amid surging commodity prices and a government ban on imports. According to Coca-Cola Beverages Philippines, Pepsi-Cola...
LG Chem to build bioplastic plants in US with food processor
Aug 17, 2022 23:06 pm UTC| Economy Business Nature
LG Chem Ltd. will build two production facilities in Illinois with US agricultural food processor and bio solution company Archer Daniels Midland Co. (ADM), to produce biodegradable plastic for food packaging. Under the...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects