Hancom launching S. Korea's historic first private satellite
May 20, 2022 06:40 am UTC| Business Economy
Hancom, an office suite software developer in South Korea, is launching the first private satellite in South Korea. This is a historic moment for the country, and the satellite has been named Sejong-1, which is apparently...
Canon fined $29M as it loses court battle against EU over 2016 acquisition
May 20, 2022 06:14 am UTC| Business Economy
Canon went to court to challenge the EUs sanction related to its acquisition of Toshiba Medical Systems Corporation in 2016 but was defeated. With the decision, the European Unions General Court upheld the 28 million 28...
John Hopkins students invent edible tape that keeps burrito together
May 19, 2022 22:36 pm UTC| Life Economy Business
Chemical and biomolecular engineering students from Johns Hopkins University have created edible tortilla tape dubbed Tastee Tape to hold a burrito together. The project was part of the Whiting School of Engineerings...
Ikea creates Swedish meatball donut in honor of National Donut Day
May 19, 2022 22:36 pm UTC| Life Economy Business
Ohios Travel Butler County is teaming up with Ikea West Chester to create a Swedish meatball donut in honor of National Donut Day on June 3. The unorthodox pastry features a light and fluffy base, lingonberry glaze, and...
Kraft Heinz, Mondelēz agree to pay $16 million fine for grain trading
May 19, 2022 22:36 pm UTC| Law Economy Business
Mondelēz International and Kraft Heinz have reached a settlement with the US Commodity Futures Trading Commission (CFTC) that was approved by a federal judge to pay a $16 million fine to resolve grain futures manipulation...
S. Korea's booming art market boosts auction houses sales
May 19, 2022 22:36 pm UTC| Life Economy Business
South Koreas listed auction houses have seen rising sales in the first quarter as an increasing number of young collectors are leading the booming art market In the first quarter, Seoul Auction, a major auction house...
LG Uplus unveils metaverse platform featuring virtual office and zoo
May 19, 2022 22:35 pm UTC| Business Economy Technology
LG Uplus Corp. unveiled the Uplus Metaverse platform which includes Uplus Virtual Office for office workers and Uplus Kids Zoo for children. To simulate a true office environment, Uplus Virtual Office provides a virtual...
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