LG Electronics revealed plans to transition to 100% renewable energy by 2050
Jul 19, 2021 06:46 am UTC| Business Economy
LG Electronics announced on Sunday, July 18, that it has plans to shift to renewable energy by the year 2050. The South Korean company said that its target is a full transition to sourcing power generated from natural...
Jul 19, 2021 05:35 am UTC| Business Economy
Impossible Foods is expanding its plant-based meat line with the addition of chicken nuggets. The American company that develops plant-based substitutes for meat products will be releasing its new product via a trade show...
Samsung Heavy's design for offshore floater receives approval
Jul 19, 2021 05:21 am UTC| Economy Business
Samsung Heavy Industries Co. has obtained approval in principle (AIP) for its 9.5-megawatt wind power turbine offshore floater from the Norwegian ship quality assurance and risk management company, DNV. An AIP means its...
S. Korea's top shipbuilders expected to suffer earnings shock in Q2
Jul 18, 2021 20:36 pm UTC| Economy Business
South Korean shipbuilders are expected to report sluggish second-quarter earnings despite brisk orders due to a sharp rise in steel plates prices, analysts said. Chung Dong-ik, an analyst at KB Securities Co.,...
SK Telecom and Korea University to build metaverse campus
Jul 17, 2021 23:59 pm UTC| Economy Business
SK Telecom will set up a metaverse campus at the Korea University under a partnership to build a connected, smart, and integrated campus using virtual technology. Korea University students will be able to access Ifland,...
S. Korean Airlines to raise fuel surcharges on int'l routes in August
Jul 17, 2021 23:55 pm UTC| Economy Business
South Korean airlines will raise fuel surcharges on international routes starting August 1, which would range from 6,000 won to 54,000 won, for one-way tickets. The current rate ranges from 4,800 won to 36,000...
Netflix to open first directly managed shop in Tokyo, eyes increased real-world exposure
Jul 17, 2021 23:52 pm UTC| Economy Business
Netflix Inc. is preparing to open in the first half of 2022 its first directly managed shop in Tokyo, where scenes from shows and films will be recreated and related goods are sold. It will be the first of its kind in...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects