
Hyundai Motor Partners with Saudi Sovereign Fund PIF for New Vehicle Plant
Oct 23, 2023 10:00 am UTC| Business
Hyundai Motor revealed its new joint venture deal with the Public Investment Fund (PIF), Saudis sovereign wealth fund, which is also said to be one of the largest state-owned investment funds in the world. Under the...

Nissan Partners with Fortnite to Debut 'Electrify the World,' Timed with Japan Mobility Show 2023
Oct 23, 2023 09:43 am UTC| Business Technology
Nissan Motor Co., Ltd. has recently unveiled an extraordinary universe named Electrify the World within the popular online game Fortnite. The launch, scheduled for October 25 at 1:00 p.m. JST, coincides with the highly...

South Korea, Saudi Arabia Sign MOUs, Agreed to 51 Business Deals Worth $15.6B
Oct 23, 2023 09:35 am UTC| Business
South Korea and Saudi Arabia have agreed to sign a total of 51 deals that are worth a massive $15.5 billion. The business agreements and memorandums of understanding (MOU) were brought up during President Yoon Suk Yeols...

Oct 23, 2023 08:48 am UTC| Business
PepsiCo South Africa has emerged as a vital growth region for the global brand, thanks to its $1.3 billion acquisition of Pioneer Foods in 2020 and a significant expansion of local production capabilities. According to...

Samsung SDI Secures Hyundai Motor EV Battery Supply Deal; Deliveries to Start in 2026
Oct 23, 2023 08:22 am UTC| Business Technology
Samsung SDI Co., Ltd. announced it has signed a battery supply deal with Hyundai Motor. The South Korean battery and electronic materials manufacturer said it will deliver electric vehicle (EV) batteries to the automaker...

SK Telecom, Deutsche Telekom Join Forces to Develop Telco-Specific AI Language Model
Oct 23, 2023 08:18 am UTC| Business Technology
SK Telecom and Deutsche Telekom have signed a partnership deal to develop a Large Language Model designed for artificial intelligence (AI). The two telecom firms will work on creating a telecom-focused LLM that will be...
How secrecy and regulatory capture drove Alberta’s oil and gas liability crisis
Oct 23, 2023 08:14 am UTC| Business Economy
A hustle in the oil patch, a dirty legacy: These are just a couple of the ways that the escalating costs of abandoning and reclaiming non-producing oil wells in Canada have been described. In a new paper, we look back...