S. Korean fashion label Nerdy opens in Vietnam
Jan 06, 2023 23:03 pm UTC| Life Economy Business
South Korean streetwear brand Nerdyhas opened its first brick-and-mortar store in Vietnam under a partnership with local distributor Maison Retail Management International (MRMI). Housed at Vincom Dong Khoi, in downtown...
Burger King’s biggest franchisee Toms King files for bankruptcy
Jan 06, 2023 09:53 am UTC| Business Economy
Burger Kings franchisee, TOMS King Holdings LLC, owns 90 BK fast-food outlets and is considered one of the biggest operators of the brand. However, it was revealed that its revenues continued to plummet recently; thus, it...
Sony, Honda unveil their new car brand at CES 2023
Jan 06, 2023 09:17 am UTC| Business Economy
Honda Motor Co. and Sony Group Corporation have previously signed a joint venture deal to produce electric vehicles. For their project, they have formed Sony Honda Mobility Inc. (SHM) and are now introducing their new...
Bed Bath and Beyond may fail to hold out, reportedly filing for bankruptcy soon
Jan 06, 2023 09:03 am UTC| Business Economy
Bed Bath and Beyond Inc. provided a business update on Thursday, Jan. 5, and revealed some losses. It also hinted that it might not survive in the harsh business industry with the way things are going for the...
General Motors beats Toyota to reclaim No. 1 spot in US with strong 2022 sales
Jan 06, 2023 08:57 am UTC| Business Economy
General Motors recovered its first-place ranking in terms of sales in the United States. The automaker took over the top spot from Toyota Motor Corp. after recording strong sales in 2022. With the 2.5% increase, General...
Apple to raise iPhone battery replacement cost
Jan 06, 2023 08:27 am UTC| Business Economy
Apple Inc. is raising the price of iPhone battery replacements and it will be up by $20. Starting March 1, the new price will be applied to battery replacements for all out-of-warranty iPhone models. Apple confirmed the...
LG Electronics, Magna reveals cooperation to develop autonomous driving solutions
Jan 06, 2023 07:34 am UTC| Business Economy
LG Electronics and Magna International Inc., a global mobility technology company that is also recognized as one of the largest suppliers in the automotive industry, have signed an agreement to work together on the...
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