Samsung Chief Lee Jae-yong Wraps Up Europe Visit, Includes Vatican and Zeiss
May 03, 2024 19:05 pm UTC| Technology Business
Samsung Electronics Chairman Lee Jae-yong returned to Seoul this Friday after a crucial ten-day European trip, where he met with Pope Francis and explored potential business collaborations. The Korea Herald reported...
Coca-Cola Europacific Partners’ Finance Chief Resigns, Moves to Johnnie Walker’s Diageo Company
May 03, 2024 09:52 am UTC| Business
Coca-Cola Europacific Partners plc revealed that its chief financial officer, Nik Jhangiani, has resigned. The British-American company, formed through the merger of three main bottling companies for The Coca-Cola Company...
Hyundai Motor Scales Up Hydrogen EV Truck Business in the US
May 03, 2024 09:47 am UTC| Business Technology
Hyundai Motor Company is expanding its hydrogen EV truck operations in the United States to take the lead in this line of business in the region. As part of the initiative, South Korean vehicle manufacturers are offering...
Kakao Enhances AI Focus, Merges Kakao Brain Into Core Operations
May 03, 2024 08:16 am UTC| Business Technology
South Koreas Kakao Corporation finally decided to absorb Kakao Brains AI unit. The tech and internet giant is taking over its AI research and development (RD) business, which will include all of the departments staff and...
Indian Coca-Cola Bottler HCCB Eyes IPO Amid Expansion and Growth Opportunities
May 03, 2024 07:52 am UTC| Business
Hindustan Coca-Cola Beverages (HCCB), the formidable bottling associate of Coca-Cola India, is reportedly setting the stage for an initial public offering (IPO) as a strategic move in its expansive endeavors. Inside...
Sony Pictures, Apollo Looking to Jointly Acquire Paramount, Propose $26 Billion Cash Deal
May 03, 2024 07:31 am UTC| Business Entertainment
Sony Pictures and Apollo Global Management finally confirmed their intent to buy Paramount Global by offering a $26 billion all-cash deal. The companies reportedly sent a letter to the New York-based entertainment firm to...
Adidas Strategizes to Sustain Sneaker Sales Surge as Samba, Gazelle Drive Growth
May 03, 2024 06:56 am UTC| Business
Adidas is experiencing a significant surge in demand for its iconic Samba and Gazelle sneakers, propelling the company into a prime market position. These terrace shoes, inspired by 1970s and 80s soccer fan culture, have...
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