South Korea’s SPC Group buys Lina’s French sandwich franchise to expand globally
Jun 08, 2022 08:24 am UTC| Business Economy
SPC Group, a South Korean food company, bought Linas, a French sandwich and salad restaurant franchise. The acquisition was revealed by the company on Tuesday, June 7. As per The Korea Times, Linas first landed in South...
Samsung Biologics, Novartis sign $81M CMO deal
Jun 08, 2022 07:45 am UTC| Business Economy
Samsung Biologics and Novartis International AG signed a contract manufacturing organization deal, and this was announced on Tuesday, June 7. The deal is worth $81 million. According to The Korea Herald, the South...
Jun 08, 2022 07:28 am UTC| Business Economy
Nike previously accused StockX, a resale marketplace of various products, of selling fake sneakers, and now it is hitting back at the footwear manufacturing giant. The company responded to the claims by emphasizing it has...
US suspends tariffs on solar panels from Cambodia, Malaysia, Thailand, Vietnam
Jun 07, 2022 23:36 pm UTC| Nature Economy Business
US President Joe Biden lifted tariffs on solar panels from Cambodia, Malaysia, Thailand, and Vietnam for two years and used a key power to compel the domestic production of clean energy technology. The moves are aimed...
Researchers 'mask' cancer drug to spare healthy tissues while killing tumors
Jun 07, 2022 23:33 pm UTC| Health Science Economy
The University of Chicagos Pritzker School of Molecular Engineering has designed a method to keep a promising cancer drug from wreaking havoc until it reaches a tumor. As many cancer drugs often attack both healthy...
PepsiCo to invest $24 million in Indian operations to manufacture Doritos
Jun 07, 2022 23:28 pm UTC| Business Economy Life
PepsiCo India will invest $24 million to expand its manufacturing facility in Kosi Kalan, Mathura, which currently produces Lays potato chips, by introducing a new manufacturing line to produce snacks under its Doritos...
Soaring movie theater attendance causing popcorn shortage
Jun 07, 2022 23:24 pm UTC| Life Economy Business
With theaters dealing with record-breaking attendance for films like Top Gun: Maverick, which drew the highest-grossing Memorial Day weekend crowd ever, the industry is now worried about a popcorn shortage. When 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