Philips announces recall for its ventilators and sleep apnea machines over cancer risk
Jun 15, 2021 08:31 am UTC| Business Economy
Philips initiated a voluntary recall for some of its sleep apnea machines and ventilators. The American multinational conglomerate company cited concerns for a foam component that may get detached or degrade and become...
Hyundai Motor halts operations in US plants
Jun 15, 2021 07:18 am UTC| Business Economy
Hyundai Motor Group has stopped operations in its production plants in the United States. It was reported that the reason for the pause was the automotive chip shortage. The unavoidable factory suspension The South...
SBW reportedly the only bidder for the Eastar Jet acquisition
Jun 15, 2021 06:33 am UTC| Business Economy
SBW Inc. reportedly turned out to be the only bidder for the acquisition of Eastar Jet, one of South Koreas low-cost airlines headquartered in Gangseo-gu, Seoul. It was said that the fashion company will not be competing...
S. Korea's strawberry exports up 25% in first five months
Jun 15, 2021 04:41 am UTC| Economy Business
South Koreas strawberry exports reached US$49 million from the January to May period, rising 24.7 percent on-year on the back of robust output and the use of chartered flights for outbound shipments. The country...
Jun 15, 2021 04:20 am UTC| Economy Business
South Koreas food and beverage (FB) sector exported $4.28 billion worth of products last year, growing 14.7 percent from $3.73 billion in 2019, to set a new record. The sector, which is projected to rise even higher...
Mars commits to improving female shea workers’ livelihoods
Jun 15, 2021 03:54 am UTC| Economy Business
Confectionery giant Mars is collaborating with several organizations to improve the livelihoods of 13,000 women working in Ghanas shea supply chain through a public-private partnership dubbed the Women in Shea...
Toshiba blames former CEO for scandal
Jun 15, 2021 03:01 am UTC| Economy Business
The head of Toshiba Corp.s board of directors Osamu Nagayama apologized for and admitted there was an inappropriate exchange between the company and the industry ministry while blaming the former head of Toshiba, Nobuaki...
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