Toss buys Merchant Korea mobile virtual phone network operator
Jul 22, 2022 09:34 am UTC| Business Economy
Toss, a South Korea-based mobile financial service platform operated by Viva Republica fintech startup, has acquired the mobile virtual network operator Merchant Korea. The acquired firm provides wireless communication...
Samsung SDI investing ₩1.7T to build battery plant in Malaysia
Jul 22, 2022 09:10 am UTC| Business Economy
Samsung SDI is building a new facility in Malaysia, and it will be for the companys battery production. The ground-breaking ceremony was already held on Thursday, July 21. Samsung SDI is investing ₩1.7 trillion or...
Hyundai Oilbank scraps IPO plans
Jul 22, 2022 07:59 am UTC| Business Economy
Hyundai Oilbank, a petroleum and refinery company, headquartered in Seosan, South Korea., ditched its plans to go public due to the stagnant stock market. The company, which is the refining arm of Hyundai Heavy Industries...
China’s DiDi fined over $1 billion for data security laws violation
Jul 22, 2022 07:42 am UTC| Business Economy
DiDi, the Chinese vehicle for hire company headquartered in Beijing, has been fined by its countrys own cybersecurity authority. The company is being ordered by the Cyberspace Administration of China (CAC) to pay a hefty...
Goodyear to supply tires to GM, Lockheed Martin mobility vehicle for lunar travel
Jul 22, 2022 07:25 am UTC| Business Economy
Goodyear Tire Rubber Company already has experience in making tires for trips in space. In fact, it has teamed up with the National Aeronautics and Space Administration twice - during NASAs Surveyor Program in 1966 and in...
Nike to release hoops collection under Drake's label
Jul 21, 2022 23:47 pm UTC| Life Economy Business
Nike announced that it is releasing a basketball collection under Drakes sub-label, NOCTA. On July 27, the NOCTA and Nike websites will both offer items from the new NOCTA Basketball collection for fans to...
McDonald’s Egypt raises Big Mac price by 50%
Jul 21, 2022 23:47 pm UTC| Life Economy Business
McDonalds has significantly raised its prices in Egypt, with its Big Mac combo meal up 50 percent to costs 78 Egyptian pounds ($4.12) from its, previous cost of 52 Egyptian pounds ($2.74). The price of various options...
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