McDonald’s Korea is raising menu prices this week as inflation bites
Feb 14, 2022 06:27 am UTC| Business Economy
McDonalds Korea is set to raise prices of food items, and the new rates are taking effect starting Feb. 17. The fast-food chain said that its move comes after other restaurants implemented price hikes not long...
Renault Samsung appoints Stephane Deblaise as CEO
Feb 14, 2022 06:19 am UTC| Business Economy
Renault Samsung announced late last week that it has appointed its new chief executive officer. The South Korean car manufacturer headquartered in Busan named Renault Groups former program director Stephane Deblaise as its...
Coca-Cola pledges 25% reusable packaging amid criticism for plastic pollution
Feb 14, 2022 03:03 am UTC| Economy Nature Business
The Coca-Cola Company is aiming to make 25 percent of its packaging globally to be reusable by 2030 after environmental groups have called it out for worldwide plastic pollution. Consumer, investor, and environmental...
McDonald's temporarily removes Chicken Big Mac from UK menu due to 'incredible' demand
Feb 13, 2022 21:27 pm UTC| Economy Business Life
McDonalds UK is temporarily removing its limited-edition Chicken Big Mac from its restaurants, due to its inability to keep up with the incredible demand for the burger. The Chicken Big Mac had sold out almost...
McDonald’s push into regional Australian areas battling obesity, diabetes alarms health experts
Feb 13, 2022 20:19 pm UTC| Science Economy Business Health
Health experts warned that while McDonalds expansion into regional Australia in the next two years would bode well for local economies, it would not be good for their populations health. About a third of the 100...
Coca-Cola posts $9.5 billion revenue in 4Q boosted by BodyArmor acquisition
Feb 11, 2022 21:49 pm UTC| Economy Business
Coca-Cola posted a 10 percent increase in fourth-quarter revenue to $9.5 billion, boosted by its $5.6 billion acquisition of sports performance and hydration drinks, BodyArmor. The soda companys hydration, sports,...
Hobbled by coffee cup shortages, Starbucks may serve beverages in unbranded cups
Feb 11, 2022 21:49 pm UTC| Economy Business
Starbucks is reeling from the coffee cup shortage caused by labor shortages at domestic paper mills and weather-related resin production delays in Texas, prompting it to plan to serve coffee in unbranded cups. Worker...
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