Elon Musk ditches plan to join board, Twitter shares remain positive after announcement
Apr 12, 2022 08:39 am UTC| Business Economy
Elon Musk became the largest shareholder in Twitter after purchasing a 9.2% stake in the company. With the acquisition, it was expected for the Tesla and SpaceX owner to join the said social medias company board, but last...
S. Korean food companies discouraged by burden of plastic cup deposit policy
Apr 11, 2022 23:58 pm UTC| Economy Business Nature
South Korean food and beverage manufacturers are complaining about the governments upcoming policy requiring them to pay a deposit for using a designated number of disposable plastic cups as it imposes the cost on the...
Starbucks to ride Japan’s banana drink trend with banana-fi;;ed frappuccinos
Apr 11, 2022 23:58 pm UTC| Economy Business Life
Starbucks Japan will release the Bananana Banana Frappuccino and the Choco Bananana Banana Frappuccino to take advantage of the growing popularity of banana-based drinks. Each of the treats has plenty of real bananas...
Naver Webtoon to release 3 DC Comics original series
Apr 11, 2022 11:27 am UTC| Business Economy
Naver Webtoon is set to release three new webtoon series, and they are quite special because these will be published in partnership with DC Comics. The project is part of the Korean companys expanded deal with the American...
LG Electronics, workers union agreed on pay raise for 2022
Apr 11, 2022 10:54 am UTC| Business Economy
LG Electronics will issue a pay raise after it was able to reach an agreement with its unionized workers. Both sides agreed to an 8.2% average wage hike for this year, and this followed the big increase that was only given...
Hanwha Defense starts building its K9 howitzer plant in Australia
Apr 11, 2022 10:45 am UTC| Business Economy
Hanwha Defense started the construction of its Hanwha Armored Vehicle Center of Excellence (H-ACE) plant in Australia late last week. A ceremony to celebrate the construction was held on Friday, April 8, in Geelong,...
Discovery takes over Warner Bros, CNN, HBO after closing deal with AT&T
Apr 11, 2022 09:13 am UTC| Business Economy
Discovery and WarnerMedia finally closed their transaction for the merger. With the deal, the companies created a new media entity that will house leading media brands and offers unmatched entertainment and streaming...
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