Naver, Coupang under probe for suspected antitrust violations
Jul 14, 2022 07:56 am UTC| Business Economy
Naver and Coupang are two of the leading companies in South Korea, and it was revealed this week that they are under investigation. Based on the reports, the countrys Fair Trade Commission (FTC) launched a probe due to...
Burger King appoints new chief digital officer in US, Canada
Jul 14, 2022 07:46 am UTC| Business Economy
Burger King has a new chief digital officer after hiring Thibault Roux for the job. Starting July 18, he will be the fast-food chains CDO in the United States and Canada. As per Restaurant Dive, Roux will be joining...
Twitter sues Elon Musk to enforce $44 billion purchase deal
Jul 13, 2022 22:34 pm UTC| Law Economy Business
Twitter Inc sued Elon Musk for violating the $44 billion deal to buy the social media platform in a Delaware court, demanding that the worlds richest person complete the merger at the agreed $54.20 per Twitter...
Bank of Korea to conduct CBDC simulations involving at least 10 banks
Jul 13, 2022 22:34 pm UTC| Technology Economy Business
The Bank of Korea will be conducting its retail central bank digital currency (CBDC) simulations involving at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank. Examining user payments and...
Seoul E-Prix will showcase city's futuristic aspects
Jul 13, 2022 22:30 pm UTC| Technology Economy Business
The electric vehicle (EV) racing competition chose Seoul as its next competition venue in August because the capital city fits well with the future-oriented image of the event. Jamie Reigle, CEO of Formula E, which is...
Jul 13, 2022 22:19 pm UTC| Health Economy Business Life
Starbucks denies that its decision to stop selling Chicken, Maple Butter, and Egg Sandwich on June 26, a mere five days after it had been announced as a new permanent menu item, was due to FDA recall or salmonella or...
PepsiCo updates full-year outlook after moderate 5.2% increase in Q2
Jul 13, 2022 22:11 pm UTC| Business Economy
PepsiCo has reported a 5.2 percent increase in net revenue in its second-quarter results of $20.22 billion, compared with $19.22 billion recorded for the same period last year, as it updates its full-year outlook. Ramon...
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