Apr 20, 2021 09:10 am UTC| Business Economy
Amazon may have won when the warehouse workers in Alabama voted against the formation of a union. However, the Retail, Wholesale, and Department Store Union (RWDSU) is not convinced that it was the real result of the...
Coca-Cola to hike product prices as Q1 sales surpass estimates
Apr 20, 2021 05:38 am UTC| Business Economy
Coca-Cola is set to issue a price hike on its beverages to counter the effect of higher commodity outlays. The company is just one of the leading consumer firms that is raising prices, such as J.M. Smucker. The...
S. Korea's POSCO to cut business ties with Myanmar military-backed firm
Apr 19, 2021 23:33 pm UTC| Economy
POSCO Coated Color Steel Co will terminate the joint venture operation with military-backed Myanmar Economic Holdings Limited (MEHL) following the Myanmar militarys brutal suppression of citizen protests after a coup in...
Nokia to tap S. Korea's indoor 5G equipment market with LG Uplus
Apr 19, 2021 23:30 pm UTC| Economy Business
Nokia Corp. will install its small cell AirScale Indoor systems that allow seamless 5G connectivity between indoor and outdoor locations and can be easily upgraded to accommodate future network expansion for South Korean...
S. Korea to require power firms to use more renewable sources from October
Apr 19, 2021 11:00 am UTC| Economy Business
South Korea has revised the renewable portfolio standards (RPS) system to let power companies raise output from renewable sources from 10 to 25 percent beginning October, in line with the countrys green energy...
Luckin Coffee obtains $250 million investment following bankruptcy filing
Apr 19, 2021 10:59 am UTC| Business Economy
Luckin Coffee received a huge investment from two Chinese private equity firms, and this was revealed last week. The Chinese coffee chain announced on Thursday, April 16, that it secured a $250 million investment from...
Namyang Dairy: Furious investors calling for a boycott over false COVID-19 claims
Apr 19, 2021 10:14 am UTC| Business Economy
Namyang Dairy is in trouble after a number of furious investors have called for a boycott. They urged the consumers to stop buying the companys products. Namyangs COVID-19 claim The root cause of this action from...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects