AB InBev surpasses pre-pandemic revenue with 27.6% organic growth
Jul 30, 2021 23:48 pm UTC| Economy Business
AB InBev reported organic revenue growth of 27.6 percent to $13.53 billion in the second quarter. The Belgium-based group also posted earnings before interest, taxes, depreciation, and amortization (EBITDA) increase of...
Sports gear maker Win&Win praised for flexible graphene bows after Kim's 2-gold medal Olympic haul
Jul 30, 2021 23:45 pm UTC| Sports Economy
South Korean archer Kim Je-deok recent two gold medal haul at the 2021 Summer Olympics in Tokyo brought praises to South Korean sports equipment manufacturer WinWin for its graphene-enhanced bow. Other than Kims mental...
Samsung unveils progress in developing industry’s first 200-layer NAND
Jul 30, 2021 23:42 pm UTC| Technology Economy
Samsung Electronics Co. has secured driver chips for 200-layer vertical or V-NAND flash memory and is preparing for a production line ramp-up, according to Han Jin-man, senior vice president at Samsungs memory business...
S. Koreans increase reliance on meal kits and food deliveries
Jul 30, 2021 23:38 pm UTC| Life Economy
South Koreas home meal replacement (HMR) market and the food delivery industry collectively grew more than twice from 12 trillion won in 2018 to 25 trillion won in 2021. The countrys HMR market reached 5 trillion won...
Disney sued by Scarlett Johansson over ‘Black Widow’ Disney+ streaming
Jul 30, 2021 10:05 am UTC| Business Economy
Disney has been sued by Marvel star Scarlett Johansson and based on the reports. The actress filed a lawsuit after her movie Black Widow was streamed on Disney+. The 36-year-old actress believed that Disney breached her...
A Twosome Place: South Korean coffee chain was put up for sale
Jul 30, 2021 09:49 am UTC| Business Economy
A Twosome Place is the no. 2 coffee chain brand in South Korea, and recently, it was said to have been put up for sale. It was listed on the market as Anchor Equity Partners, its largest shareholder, decided to sell its...
Nongshim to raise prices of its instant noodle products
Jul 30, 2021 09:27 am UTC| Business Economy
Nongshim, one of the most popular instant noodle brands in South Korea, just announced this week that it will be raising the prices of its products. The food and beverage company said on Thursday, July 19, that it is...
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