
Cosmax Opens Perfume Lab in Indonesia as Takes Aim at Halal Perfume Market in Southeast Asia
Feb 07, 2024 06:18 am UTC| Business
Cosmax Inc., a manufacturer and marketer of skincare and makeup products in South Korea, launched its perfume lab in Indonesia. The company said on Wednesday, Feb. 7, that it set up the facility to introduce its products...

Harim Group Drops HMM Acquisition Deal Over Seller’s Management Rights Demand
Feb 07, 2024 05:18 am UTC| Business
Harim Group, the agricultural food processing company, has given up the deal to acquire the HMM container transportation and shipping group. The firm said this resulted in a failed $4.9 billion acquisition as the parties...

Disney, Fox, and Warner Bros. Discovery Team Up for Joint Sports Streaming Service
Feb 07, 2024 04:15 am UTC| Business Sports
Walt Disneys ESPN, Fox, and Warner Bros. Discovery have announced their plan to launch a joint sports streaming service this fall. This collaboration will give consumers a new way to access marquee live sports, marking a...

Vans Parent VF Corporation’s Misses Market Expectations, CFO to Leave
Feb 07, 2024 04:02 am UTC| Business
VF Corporation, the parent company of Vans and Timberland, missed market expectations for the Q3 results amid the slowing demand. This result pushed the share price to dip by nine percent in the extended...

Google Calls Out Surveillance Software Companies Enabling Dangerous Hacking Tools
Feb 07, 2024 03:21 am UTC| Business Technology
In a recent report, Google highlighted the role of surveillance software companies in enabling dangerous hacking tools. The internet giant has urged the United States and its allies to take more decisive action in reining...

Yum China Quashes Estimates as Pizza Hut, KFC Sales Soar
Feb 07, 2024 02:50 am UTC| Business
Yum China Holdings Inc. reported it beat sales estimates in the fourth quarter, raking in more sales in the same period than the previous year. The company launched new deals to entice diners in the country to buy despite...

Prudential Announces Appointment of Yanela Frias as New CFO
Feb 07, 2024 02:42 am UTC| Business
Prudential Financial stated the appointment of Yanela Frias as its new executive vice president and chief financial officer (CFO). She will succeed Ken Tanji, who will step down on Sept. 30. According to Reuters, Frias...