Ford to temporary halt sale of Mustang Mach-E crossovers due to safety issues
Jun 15, 2022 08:57 am UTC| Business Economy
Ford Motor will stop selling its electric Mustang Mach-E crossover units after finding some potential safety issues. It was announced that the safety defect may cause the EV to become immobile. On Monday, June 13, Ford...
Shopee reportedly planning mass layoffs worldwide after shutting operations in Spain, India
Jun 15, 2022 08:10 am UTC| Business Economy
Shopee is said to be calling for a mass layoff of its employees, and this news emerged as the company is shutting down some of its operations in some regions, including Spain, India, and France. The job cuts will mainly...
Fried chicken prices soar to record high in S. Korea
Jun 15, 2022 07:47 am UTC| Life Economy Business
The price of fried chicken in South Korea jumped 6.6 percent, the highest this year among 39 types of outdoor food, according to data from the Korean Statistical Information Service. A single order of fried chicken in...
Samsung Biologics expands CMO operations, building first production plant in the US
Jun 15, 2022 07:40 am UTC| Business Economy
Samsung Biologics is expanding its CMO or contract manufacturing organization business, and as part of its plans, it is constructing its very first overseas production plant in the United States. On Monday, June 13,...
5 things to know about the Fed's interest rate increase and how it will affect you
Jun 15, 2022 07:37 am UTC| Economy Central Banks
The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....
Heinz and Tesco partner with packaging industry experts to develop recycled soft plastic pots
Jun 15, 2022 06:37 am UTC| Nature Economy Business Life
Heinz and UK supermarket Tesco are collaborating with packaging industry experts Plastic Energy, Sabic, and Berry Globa to develop and trial recycled soft plastic for Heinz Beanz Snap Pots. Heinz Beanz Snap Pots are...
Burberry signs Tottenham Hotspur star Son Heung-Min as brand ambassador
Jun 14, 2022 23:56 pm UTC| Sports Life Economy Business
Tottenham Hotspur star Son Heung-Min has signed an endorsement deal with UK luxury fashion house Burberry. With a combined social media following of more than 12.6 million, Son, a South Korean national team soccer star,...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight