Chipotle now testing plant-based chorizo as vegan lifestyle continues to get popular
Aug 20, 2021 10:02 am UTC| Business Economy
Chipotle is said to be testing its newest creation which is the plant-based chorizo. It was reported that the American chain of fast-casual restaurants specializing in burritos and tacos have developed a meatless version...
Amazon to open retail outlets akin to a department store: Report
Aug 20, 2021 09:47 am UTC| Business Economy
Amazon is reportedly planning to open a physical retail store, and it will rise in several locations. It was said that it will not be an ordinary outlet as the plan is to build something like a department...
GM integrating AT&T’s 5G connectivity to its vehicle models
Aug 20, 2021 09:28 am UTC| Business Economy
GM or General Motors will be adding the 5G connectivity feature to its vehicle models. The automaker is making this possible through a partnership with ATT. It was reported that starting in 2023, General Motors will be...
Coupang slapped with $2.8M fine by Korea’s FTC over unfair business practices
Aug 20, 2021 09:13 am UTC| Business Economy
Coupang, the South Korean e-commerce company, was slapped with a heavy fine by the Korea Fair Trade Commission (KFTC). It was reported that it was ordered to pay ₩3.29 billion or around $2.81 million over its alleged...
LG Chem investing ₩2.6T to build 10 environmentally-friendly plants in South Korea
Aug 20, 2021 08:55 am UTC| Business Economy
LG Chem will be investing ₩2.6 trillion or around $2.2 billion as part of its plans to scale up its local manufacturing capacity for environmentally safe materials. The South Korean chemical company unveiled this project...
SK Telecom announces plans to globally launch its ifland metaverse platform
Aug 20, 2021 08:51 am UTC| Business Economy
SK Telecom revealed on Thursday, Aug. 19, that it will be offering its metaverse platform called ifland to 80 countries around the world. The South Korean mobile service provider will be launching its virtual meeting...
Samsung ending its vehicle business with Renault via stake sale
Aug 20, 2021 06:15 am UTC| Business Economy
Samsung recently confirmed that it will be making its exit in the auto business. The company was said to have made the decision to end its 26-year venture with Renault. The announcement about its departure from this...
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