Woori Bank vows to cooperate as regulators launch probe over suspicious remittances
Jun 29, 2022 08:02 am UTC| Business Economy
Woori Bank is reportedly being investigated over suspicious money transfers that have already reached the amount of KRW800 billion, which is around $623 million in US dollars. The bank is one of the top five largest in...
Ford issues recall for 2,900 F-150 Lightning trucks
Jun 29, 2022 07:52 am UTC| Business Economy
Ford Motor Co. announced on Monday, June 28, that it would be recalling some units of its F-150 Lightning pickup trucks. The company said the total number of the affected vehicles is 2,900. As per Reuters, out of the...
Starbucks, Samsung launch collaborative Galaxy smartphone and earbuds cases
Jun 29, 2022 07:48 am UTC| Business Economy
Starbucks coffee has teamed up with Samsung Electronics to release limited-edition smartphone cases and True Wireless Stereo (TWS) earbuds. These were specially designed for the latters Galaxy products. The items in the...
Burger King offers the new Southwest Bacon Whopper in 4 versions
Jun 29, 2022 02:09 am UTC| Life Economy Business
Burger King is offering the Southwest Bacon Whoppers in four versions: baseline, double, junior, and impossible. The standard Southwest Bacon Whopper consists of a flame-grilled quarter-pound beef patty, seasoned...
Hyundai Doosan Infracore developing hydrogen combustion engine
Jun 29, 2022 01:02 am UTC| Nature Economy Business
Hyundai Doosan Infracore Co. will develop a hydrogen combustion engine that will be mounted in commercial vehicles, buses, and construction machinery by 2024. The engine will be mass-produced by 2025 after going through...
Jaguar, Volvo -backed blockchain sustainability firm Circulor raises $25 million
Jun 28, 2022 23:43 pm UTC| Technology Economy Business
UK-based blockchain startup Circulor, whose existing investors include Volvo and Jaguar Land Rover, announced a $25 million funding round led by Silicon Valley venture firm Westly Group. The round also adds HG Ventures...
South Africa bans use of meat-like terms to describe plant-based alternatives
Jun 28, 2022 22:31 pm UTC| Health Law Economy Business
South Africa has prohibited the use of meat-like names, such as veggie biltong, plant-based meatballs, and vegan nuggets, to describe plant-based alternatives According to the South African Department of Agriculture,...
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