India's top court rules in favor of Amazon in battle for country's retail market
Aug 07, 2021 23:48 pm UTC| Law Economy
The Supreme Court of India ruled that an international court decision favoring Amazons effort to stop Reliance Industries from buying Future Retail, a local, cash-strapped retailer, for $3.4 billion was...
Bukalapak pulls off Indonesia's biggest-ever IPO
Aug 07, 2021 13:37 pm UTC| Economy Investing
Jakarta-based e-commerce company Bukalapak pulled off Indonesias biggest initial public offering on the Indonesian Stock Exchange, raising about $1.5 billion. With shares priced at about $0.06, it shot up nearly 25...
Coors betting on its loyal beer drinkers to patronize its whiskey
Aug 07, 2021 09:27 am UTC| Life Economy
Molson Coors would produce and sell whiskey, betting on the loyalty of its beer drinkers to patronize its new offering. It describes Coors Whiskey Co.s first product, Five Trail, as an ultra-premium whiskey. It is a...
Aug 07, 2021 01:30 am UTC| Economy Investing
Internet-only bank Kakao Bank Corp. capped its stock market debut at 69,800 won to emerge as South Koreas most valuable financial firm with a market capitalization of 33.2 trillion won. After opening at 53,700 won,...
Hana Bank to lure younger customers with metaverse platforms
Aug 06, 2021 23:42 pm UTC| Economy Technology
South Koreas Hana Bank launched a special task force to better understand the minds of its millennial and Gen Z customers in attracting them to the virtual metaverse. The task force will review building online and...
S. Korea to stock more critical metals for EV batteries, renewable energy projects
Aug 06, 2021 23:41 pm UTC| Economy
South Korea will stockpile more rare metals, such as nickel and cobalt, from a 57-day supply to cover 100 days for key industries such as electric vehicle batteries and renewable energy. Included in the countrys plans...
Kumho Petrochemical to produce eco-friendly rubber compound out of rice bran
Aug 06, 2021 23:40 pm UTC| Science Economy
Kumho Petrochemical Co. will produce an eco-friendly synthetic rubber compound made of rice bran-based bio-silica. Silica improves fuel efficiency, braking power, and wear resistance of synthetic rubber for...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects