Vietnam surpasses South Korea in instant noodle per capita consumption volume
Jul 01, 2022 08:46 am UTC| Business Economy
South Korea has been reigning as the top country with the highest per capita consumption of instant noodles or ramyeon for years. But now Vietnam has taken over the top spot after surpassing Koreas record. As per...
Unilever sold its Ben & Jerry's business in Israel
Jul 01, 2022 00:10 am UTC| Business Economy
Unilever Plc announced on Wednesday, June 29, that it has gotten rid of its Ben Jerrys business in Israel. The British multinational consumer goods firm headquartered in London said it sold the business to the local...
Tesla shutting down its Silicon Valley office, 200 employees to lose jobs
Jun 30, 2022 23:33 pm UTC| Business Economy
Tesla revealed it would be closing down its office in Silicon Valley, and 200 workers will also be laid off. The news comes after the companys chief executive officer, Elon Musk, previously warned about the job cuts...
Japan's Kirin offloads 51% stake in Myanmar beer business for ¥22.4 billion
Jun 30, 2022 23:30 pm UTC| Business Economy Politics
Japanese drinks giant Kirin has agreed to a buyout of its 51 percent stake in the Myanmar Brewery joint venture with junta-linked conglomerate MEHPCL for about 22.4 billion yen, completing its exit from the...
Apple to implement legally-mandated external payment options in S. Korea
Jun 30, 2022 23:30 pm UTC| Business Economy Technology Law
US tech giant Apple Inc. will allow alternative payment options for apps sold in South Korea in compliance with a law that bans app store operators from forcing their in-app payment systems. Developers whose apps a...
Samsung becomes first to mass-produce 3-nanometer nodes beating TSMC
Jun 30, 2022 23:29 pm UTC| Business Economy Technology
South Koreas Samsung Electronics beat Taiwans TSMC in becoming the worlds first chipmaker to begin mass production of 3-nanometer process nodes. Both TSMC and Intel, which have made significant investments in the...
F1 team Alpine pushing for female drivers in equal opportunities program
Jun 30, 2022 23:29 pm UTC| Sports Economy Business
Formula One team Alpine has launched a new program aiming to improve equal opportunities in motorsport by ensuring women drivers compete consistently, and a fund to finance female talent within motorsport. The...
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