Lee Jae Yong: Groups to ask the government to pardon the Samsung heir
Apr 23, 2021 09:58 am UTC| Business Economy
Lee Jae Yong, Samsung heir, and the companys de facto vice-chairman, is currently in prison and serving his two and a half years sentence that was handed down by the Seoul High Court in January. He was found guilty of...
S. Korea's container cargo volume at seaports increase 1.3% in Q1
Apr 23, 2021 09:50 am UTC| Business Economy
South Koreas seaports processed 7.29 million twenty-foot-equivalent units (TEUs) of container cargos in the first quarter, rising 1.3 percent on-year from the previous years 7.19 TEUs, according to the Ministry of Oceans...
Peloton facing a lawsuit over its treadmill's safety
Apr 23, 2021 09:46 am UTC| Business Economy
Peloton has been sued for the first time since the reports on the safety hazard of its Tread+ treadmill started to mount up. Now, a woman from California was said to have filed a lawsuit and complained that the exercise...
Hankook Tire reveals Porsche deal as its tire supplier
Apr 23, 2021 09:03 am UTC| Business Economy
Hankook Tire revealed it had signed a deal to supply tires for a model of Porsche sports car. The South Korean tire maker is the seventh-largest in the world based on sales, and on Thursday, April 22, it confirmed the...
Delta Air Lines buys 25 Airbus A321neo jets as travel biz slowly recovers
Apr 23, 2021 08:17 am UTC| Business Economy
Delta Air Lines revealed on Thursday, April 22, that it placed an order for 25 Airbus A321 jets. The carrier also has an option to buy additional 25 more units later on. Delta Air Lines new orders of jets With its...
Samsung is launching its Bespoke Home products in May
Apr 23, 2021 07:31 am UTC| Business Economy
Samsung Electronics is preparing to launch its Bespoke Home products next month. The company is aiming to boost its sales further by introducing its expanded range of customizable home appliances to customers...
Cathay Pacific Airways shutting its pilot base in Canada, and hundreds of jobs are at risk
Apr 23, 2021 06:32 am UTC| Business Economy
Cathay Pacific Airways is closing down its pilot base in Canada and also mulling on shutting the bases in New Zealand and Australia as well. Apparently, with this move, many employees are at risk of losing their...
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