Kogas to supply 1.03 million tons of hydrogen in 2030
Dec 31, 2021 22:38 pm UTC| Economy Business
Korea Gas Corp. (Kogas) broke ground for the construction of its production base in Gwangju in March 2023 that could help it supply 1.03 million tons of hydrogen in 2030. Of that volume, the company will supply 830,000...
South Korea court orders sale of confiscated Nippon Steel assets wartime forced labor lawsuit
Dec 31, 2021 22:38 pm UTC| Law Economy Politics
A South Korean district court branch ordered the sale of confiscated assets of Nippon Steel Corp. to compensate four Korean plaintiffs in a wartime forced labor lawsuit. The court seized the assets located in South...
KEPCO to share CO2 decomposition tech to Korea National Railway
Dec 31, 2021 22:37 pm UTC| Nature Economy Science
Korea Electric Power Corp. (KEPCO) had signed an agreement for joint use of the sulfur hexafluoride (SF6) decomposition technology with the Korea National Railway as part of efforts to limit carbon dioxide...
McDonald's digital efforts, menu innovation help boost shares by 25%
Dec 31, 2021 22:37 pm UTC| Economy Business
Shares of McDonalds have gained 24.6 percent 24.6 percent in the past year, way higher than the fast-food industrys 13.5 percent growth, attributed to its digital efforts, menu innovation, loyalty program, and drive-thru...
POSCO shuts down its oldest blast furnace after 48 years of operations
Dec 31, 2021 22:26 pm UTC| Nature Economy Business
South Korean steelmaker POSCOs No. 1 blast furnace, has shut down after 48 years of service. To commemorate the furnaces important role in South Koreas economic development and steel history, POSCO held a closing...
Star Wars and Adidas collaborate on Boba Fett-inspired NMD_R1
Dec 31, 2021 20:28 pm UTC| Economy Business Life
Adidas Originals and Star Wars have collaborated to offer the predominantly black running shoe NMD_R1 inspired by Boba Fetts armor, which will launch before weeks end. This running shoe has green accents on the...
Burger King jacks up price of its Angus beef burger in Taiwan as part of operating strategy
Dec 31, 2021 13:15 pm UTC| Economy Business
Burger King will slightly increase the prices of some of its products in Taiwan, including the angus beef burger, while dropping the prices of some of its burgers starting on January 11, 2022. The US fast-food chain...
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