Starbucks launches new products to compete with leading fast-food chains
Jun 23, 2022 09:31 am UTC| Business Economy
Starbucks has come up with new menu options that it can use to compete with fast-food chains such as Wendys or Popeyes. The world-renowned coffee announced this week that it has added a new chicken sandwich and...
POSCO inks MOU deal with Australia's Hancock to secure raw materials for EV batteries
Jun 23, 2022 09:15 am UTC| Business Economy
POSCO Holdings is collaborating with Australias Hancock Prospecting for key raw materials used for the production of electric vehicle batteries. The companies signed a memorandum of understanding (MOU) earlier this...
General Motors turns over 150 BrightDrop electric delivery vans to FedEx
Jun 23, 2022 08:38 am UTC| Business Economy
General Motors delivered 150 units of electric delivery vans to FedEx, and this was announced this week. The Detroit, Michigan-headquartered automaker shared that the transport and courier company received its BrightDrop...
Coca-Cola investing $42M to open bottling and distribution center in Canada
Jun 23, 2022 08:19 am UTC| Business Economy
Coca-Cola will be spending $42 million to build its new bottling and distribution facility in South Richmond, Canada. It was reported that the beverage company inked a lease deal for the land where it can expand its...
Jun 23, 2022 08:10 am UTC| Business Economy
Tesla is laying off around 10% of its salaried employees, and Elon Musk, the firms chief executive officer, confirmed this on Tuesday, June 21. While many people are set to lose their jobs, the EV maker said that it is...
Jun 22, 2022 23:35 pm UTC| Business Economy Health
Daewoo Engineering Construction Co. will develop wearable robots that can be worn by construction workers that could help prevent musculoskeletal disorders and maintain productivity. The wearable robots consist of a...
Hyundai Oilbank to sell micro EV Cevo C at gas stations
Jun 22, 2022 23:35 pm UTC| Business Economy Nature
For the first time, Hyundai Oilbank Co. will launch a sales brokerage service partnership with local micro EV manufacturer Cevo Mobility for micro-electric vehicles among South Korean oil refiners. The company will...
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