Unilever claims it has resolved legal dispute with Ben & Jerry’s
Dec 21, 2022 23:04 pm UTC| Law Economy Business
Unilever announced that it has resolved its litigation with Ben Jerrys independent board over the sale of its Israeli ice cream business. However, Unilever has not detailed how the litigation was resolved. Ben ...
Toshiba to expand production capacity for power semiconductors
Dec 21, 2022 23:01 pm UTC| Technology Economy Business
Toshiba Electronic Devices Storage Corporation will begin constructing a power semiconductor production facility at its Himeji plant in Hyogo Prefecture in June 2024. Production is set to start in spring 2025. The...
Foot Locker partners with Indonesian retailer to expand in Philippines
Dec 21, 2022 22:38 pm UTC| Life Sports Economy Business
US sneaker chain Foot Locker has opened in the Philippines, which is expected to be one of the biggest of its stores in Asia, under a partnership with Indonesian retailer MAP Aktif Adiperkasa. The store, located inside...
Burmese workers to sue Tesco over working conditions at Thai clothing factory
Dec 21, 2022 11:16 am UTC| Law Economy Business
Tesco is being sued by 130 migrant workers from Myanmar for making them work up to 99 hours a week on unlawful wages and in forced labor conditions at the V.K Garments factory in Mae Sot, Thailand, between 2017 and...
Porsche starts e-fuel production, a gas alternative made from water
Dec 21, 2022 10:57 am UTC| Business Economy
Porsche AG, a German car maker, specializing in high-performance sports cars, revealed it has started the production of eFuel in Chile. This is an alternative gas for vehicles that was developed with the aim of becoming a...
Shinhan Bank nominates Han Yong Gu to be its new chief
Dec 21, 2022 10:53 am UTC| Business Economy
Shinhan Financial Group revealed on Tuesday, Dec. 20, that it has recommended Han Yong Gu to be promoted to the chief executive role of its banking business. The company said it nominated Han, who is currently the second...
Activision Blizzard’s president steps down, moving to Yuga Labs
Dec 21, 2022 10:31 am UTC| Business Economy
Activision Blizzards president and chief operating officer, Daniel Alegre, has been confirmed to leave the company. The game publisher already announced his departure last week, citing his contract expiration on March 31,...
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