German brands top S.Korea's imported car sales market
Jun 28, 2021 11:20 am UTC| Economy Business
German automakers sold 187,000 cars in South Korea last year to account for 61.7 and top the countrys imported car market, according to data by the Korean Automobile Manufacturers Association (KAMA). US automakers sold...
Samsung, LG, SK to begin Moderna vaccination of their workers next month
Jun 28, 2021 10:44 am UTC| Business Economy
Samsung, LG Display, and SK Hynix will all start vaccinating their workers next month. It was revealed that they will be using Moderna shots, and the inoculation is also part of the governments efforts to bolster its...
Kimchi market in South Korea recorded $1.4 billion sales
Jun 28, 2021 10:15 am UTC| Business Economy
Kimchi is a known staple in South Korea, and it is one side dish that is always present in any meal. There is no other country that consumes kimchi as much as the Koreans that is why it is not surprising that it raised...
Tesla issues recall on almost 300,000 EV cars in China
Jun 28, 2021 09:15 am UTC| Business Economy
Tesla started to recall more than 285,000 cars in China, and this was announced on Saturday, June 26. It was reported that the main reason for the recall was a feature in the cruise control system. The Tesla defect that...
Hyundai, Naver team up for remote test-drive experience via metaverse interactive driving
Jun 28, 2021 09:00 am UTC| Business Economy
Hyundai Motor is offering something unique to consumers or people who are interested in its vehicles. The South Korean automaker will keep providing interactive experiences to car enthusiasts around the world. In fact,...
Boeing 777X: US FAA will not certify the new plane model before 2023
Jun 28, 2021 07:52 am UTC| Business Economy
Boeing is aiming to officially fly its 777X model soon, but it hit a snag as the U.S. Federal Aviation Administration did not issue permission for it to move forward for its certification. Without the approval, it is...
Volkswagen to resume production in Mexico following halt due to chip shortage
Jun 28, 2021 06:42 am UTC| Business Economy
Volkswagen Mexico revealed on Sunday, June 27, that it would be resuming operations in three of its production units. This is expected to start from next week and in July after the production was forced to stop as the...
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