
Chanel implements new price hike in South Korea
Nov 04, 2022 09:32 am UTC| Business Economy
Chanel is reportedly implementing another round of price hikes for the products being sold in its store outlets in South Korea. The luxury fashion brand was said to have raised the prices of its jewelry items, bags, and...

Lotte, Hyundai Motor establish alliance for expansion of EV charging business
Nov 04, 2022 09:32 am UTC| Business Economy
Lotte Group and Hyundai Motor Group have joined forces to expand their mobility business. The companies said on Thursday, Nov. 2, that through the partnership, they would establish an electric vehicle charging...

Netflix launches its cheapest ad tier plan in several markets
Nov 04, 2022 08:10 am UTC| Business Economy
Netflix has finally launched its newest plan, which is now its cheapest subscription option. The American video-streaming giant activated its ad tier in about 12 countries this week. The debut of this ad tier option has...

PepsiCo’s Tropicana launches special mimosa maker and opens sweepstake promo
Nov 04, 2022 07:30 am UTC| Business Economy
PepsiCos Tropicana beverage brand just announced the release of its mimosa maker. The juice manufacturer said that its spray bottle would make the perfect mimosa drink. As per Fox Business, Tropicana also launched its...

Paramount, Virgin Media sign partnership deal to launch streaming services and channel in the UK
Nov 04, 2022 06:37 am UTC| Business Economy
Paramount Global and Virgin Media announced they had signed a multi-year partnership deal for the distribution of content in the United Kingdom. The agreement will also launch Paramount Plus via Virgin Media in the...

CVS, Walmart, Walgreens to settle opioid lawsuit with $13.8B payout
Nov 04, 2022 06:28 am UTC| Business Economy
CVS Health Corp., Walmart Inc., and Walgreens Boots Alliance Inc. have all agreed to settle their opioid lawsuit in the United States. It was reported that the three companies have tentatively concurred to pay a collective...

Burger King permanently bans drink cups’ plastic lids in the UK
Nov 04, 2022 02:36 am UTC| Business Economy
Burger King is making some changes in its restaurants in the United Kingdom. It announced that it would permanently ban soft drink plastic lids and other single-use plastic in all of its locations across the U.K. Burger...