HDC Hyundai Development facing license revocation over Gwanju building collapse accident
Mar 29, 2022 10:24 am UTC| Business Economy
HDC Hyundai Development Companys construction license is at risk of being canceled due to the collapse of the building that it was putting up in Gwanju. The Korean government is recommending the license revocation as the...
Shopee discontinues operations in India just months after launch
Mar 29, 2022 09:41 am UTC| Business Economy
Shopee said it would no longer be operating in India starting March 29. The announcement came as a big surprise as it only began its operations there a few months ago. It was reported that Sea Ltd., which is controlled...
Walmart ends sale of cigarettes in its stores
Mar 29, 2022 09:17 am UTC| Business Economy
Walmart Inc., a leading retail company in the United States, said that it would no longer sell cigarettes in some of its stores in the country. It was noted that the decision comes after years of debate among the companys...
South Korea’s Hankook Tire launches new EV tire brand
Mar 29, 2022 09:01 am UTC| Business Economy
Hankook Tire and Technology, the Seoul, South Korea-based company that is also the seventh-largest tire company in the world, has launched its new tire brand for electric vehicles. Hankook Tires EV tire brand is the...
Heineken, Carlsberg beer companies are leaving Russia
Mar 29, 2022 08:53 am UTC| Business Economy
Heineken and Carlsberg breweries are the latest major names to leave Russia. The companies are making their exit and officially suspending operations in the country that attacked Ukraine. Heineken revealed on Monday,...
FedEx replaces CEO post, Raj Subramaniam named new chief
Mar 29, 2022 06:37 am UTC| Business Economy
FedEx Corp. announced the assignment of a new chief executive officer as its founder Fred Smith is stepping down from the post. The company named Raj Subramaniam as its new chief. Smith established FedEx more than 50...
Fifa signs QatarEnergy as final global partner for 2022 World Cup
Mar 29, 2022 00:00 am UTC| Sports Economy Business
Fifa has agreed to a new deal with QatarEnergy to fill all of its global partnership slots ahead of the 2022 World Cup. The liquified natural gas provider is now the second Qatari company in Fifas global sponsor...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects