Hyundai, Kia surpass Suzuki in vehicle sales in India
Jun 18, 2021 16:30 pm UTC| Economy Business
South Koreas for Hyundai Motor Co. and its affiliate Kia Corp. sold a combined 36,501 units in India in May, accounting for 35 percent share of the countrys auto sales, up from 23 percent in April, to claim market...
Supreme Court: Cocoa slaves can’t sue US firms for lack of standing
Jun 18, 2021 15:08 pm UTC| Law Economy Business
The US Supreme Court ruled that Africans enslaved on cocoa farms have no right to sue chocolate processors in the US, such as Nestle and Cargill, reversing lower courts in a 15-year-old case. In an 8 to 1 decision, the...
Coupang founder Kim Bom Seok quits from the company board
Jun 18, 2021 09:42 am UTC| Business Economy
Coupang founder, Kim Bom Seok, was revealed to have stepped down from the companys board. But then again, the move is for the betterment of the business as he is quitting just to have more time to work on overseas...
Hyundai, Kia's Europe sales more than double in May
Jun 18, 2021 09:38 am UTC| Economy Business
Hyundai Motor Co. and affiliate Kia Corp. sold a combined 88,171 vehicles in Europe last month, almost doubling the 42,492 units it sold in the same month a year ago due to robust demand and lower base effect. The...
Mazda to offer 13 new electrified vehicles by 2025
Jun 18, 2021 09:31 am UTC| Economy Business
Mazda Motor Corp. will start launching new electrified vehicle models next year with a goal of offering 13 new variants globally by 2025, including three electric vehicles, five gas-electric hybrids, and five plug-in...
Microsoft announces the appointment of CEO Satya Nadella as chairman of the board
Jun 18, 2021 09:19 am UTC| Business Economy
Microsoft has a new chairman of the board and it is no other than the companys chief executive officer, Satya Nadella. With her assignment at two high posts in the company, it is apparent that he just became even more...
JPMorgan Chase acquires UK’s investment platform Nutmeg
Jun 18, 2021 09:05 am UTC| Business Economy
JPMorgan Chase just purchased Nutmeg, an online investment management company based in London. It was reported that the American investment bank and financial services holding company headquartered in New York City made...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight