Hanwha, DL Chemical split Yeochun NCC joint venture as their partnership ends
Nov 28, 2022 15:18 pm UTC| Business Economy
Hanhwa Solutions and Daelim Industrial Co. Ltd. have decided to part ways after being partners for more than two decades, 23 years to be exact. They have set up the YEOCHUN NCC Co., Ltd. chemicals company in 1999 through a...
Louis Vuitton opens its first furniture and homewares store in Shanghai
Nov 28, 2022 11:02 am UTC| Business Economy
Louis Vuitton announced late last week that it has decided to open its first dedicated furniture and homewares outlet in Shanghai. This is the French luxury brands first store of its kind in the world that was built with...
Amazon to close its food delivery biz in India
Nov 28, 2022 08:56 am UTC| Business Economy
Amazon Inc. is set to close down the food delivery business that it is testing in India. The American e-commerce company said Friday last week revealed its decision after its online learning platform for high-school...
Kakao subsidiaries reportedly under investigation for tax evasion
Nov 28, 2022 08:55 am UTC| Business Economy
Kakao is being probed for tax evasion, according to local media reports. To be more exact, the messaging and tech companys key affiliates are the ones involved in this special tax investigation. As per Korea Joongang...
LG H&H discontinues its baby food business for an unexpected reason
Nov 28, 2022 08:22 am UTC| Business Economy
LG Household Health Care decided to pull out its baby food business from the market after only 10 years of operation. The company will be making its exit from the said industry as the demand for infant food has been...
Elon Musk stopped by an Ireland court from firing Twitter executive
Nov 28, 2022 07:44 am UTC| Business Economy
Elon Musk has been laying off employees after taking control of Twitter following his acquisition amounting to $44 billion. The job cuts include many executives of the company, not just in the United States but in global...
Adidas investigating Kanye West’s inappropriate conduct as claimed by employees
Nov 28, 2022 07:01 am UTC| Business Economy
Adidas AG reportedly launched a probe after claims of Kanye Wests toxic behavior surfaced. It was alleged that when the American rapper was still in partnership with the German sneaker, clothing, and accessories...
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