Lotte appoints former Samsung Biologics executive to be its bio biz’s CEO
Jun 13, 2022 06:33 am UTC| Business Economy
Lotte Corporation recently formed Lotte Biologics as its newest business unit to venture further into the bio business sector. As the new division starts to operate independently, the company assigned an executive to lead...
Jury rules Reckitt did not steal trade secrets for its premature-ejaculation spray K-Y
Jun 12, 2022 16:07 pm UTC| Law Economy Business Health
UK consumer goods giant Reckitt Benckiser LLC created its K-Y-branded premature ejaculation spray without stealing trade secrets from a small pharmaceutical company, according to a jury in a New Jersey federal...
Tokyo horror-filled restaurant The Lockup to close for good July 31
Jun 12, 2022 15:00 pm UTC| Life Business Economy
Partners Dining announced that the last branch of its The Lockup, in Shinjukus Kabukicho, will close for good on 31 July. While the restaurants operators have not given an official reason for the closure, The Lockup was...
IATA blasts EU's plan to expand emissions rule for flights
Jun 12, 2022 14:31 pm UTC| Nature Economy Business
The International Air Transport Association (IATA) criticized the EUs Parliament for seeking to expand its emissions trading system to all flights departing the 27-nation bloc. The IATA, which claims to represent 290...
Burger King’s Pride Whopper campaign faces backlash for being tone-deaf
Jun 10, 2022 13:00 pm UTC| Business Life Economy
Burger King Austrias unveiling of the Pride Whopper, which it will sell until June 20, received a swift backlash online for being tone-deaf. It is the same as the usual whopper, but with two equal buns, which are the...
Disney fires TV content head, promotes entertainment chair as a replacement
Jun 10, 2022 10:59 am UTC| Business Economy
The Walt Disney Company was said to have fired its TV content chairman in the latest leadership shakeup. It was reported that Peter Rice has been ousted and replaced by the companys television entertainment head, Dana...
Hyundai Motor truckers’ strike in Ulsan affects production, delays shipments
Jun 10, 2022 10:05 am UTC| Business Economy
Hyundai Motors truck drivers are on strike, and it has been more than two days since it started. As the strike continues, it was reported that the production at the automakers plants in Ulsan has been affected. 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