Hahn & Co sued Namyang Dairy’s chairman Hong Won Sik and his family again for damages
Nov 25, 2022 09:05 am UTC| Business Economy
Hahn Co. private equity investment firm based in South Korea, has filed a new lawsuit against the owners of Namyang Dairy Products. This is an additional legal action against chairman Hong Won Sik and his family that was...
KT inks deal with Zoom to launch B2B digital services
Nov 25, 2022 08:39 am UTC| Business Economy
KT Telecom, the largest telecom service operator in South Korea, has joined forces with Zoom to provide different business-to-business (B2B) digital services in the country. Taking advantage of the increasing demand for...
Nestlé is investing $1.86B in the food business in Saudi Arabia
Nov 25, 2022 08:07 am UTC| Business Economy
Nestlé is investing in Saudi Arabia for food business and signed a deal with the kingdoms investment ministry. The Swiss food and beverage manufacturer is putting in $1.86 billion or about SAR7 billion over 10...
Amazon UK adds new electric cargo bikes for deliveries in line with its decarbonization push
Nov 25, 2022 08:07 am UTC| Business Economy
Amazon UK revealed it has expanded its electric cargo bike fleet to handle deliveries in London and Manchester areas. The e-commerce company said that using this type of delivery has brought it closer to reaching its goal...
UK hotel chain Dorchester to open in Torch Tower, soon to be Japan's tallest building
Nov 24, 2022 23:28 pm UTC| Life Economy Business
British hospitality chain Dorchester Collection plans to open a hotel at the 390-meter-high Torch Tower, which will be Japans highest building upon its completion in 2028. The tower is currently under construction by...
S. Korean researchers develop wearable OLED that can cure jaundice in infants
Nov 24, 2022 23:27 pm UTC| Health Economy Business Science
Researchers from the Korea Advanced Institute of Science and Technology (KAIST) have developed a wearable green organic light-emitting diode (OLED) with a 470-nanometer (nm) wavelength that can cure jaundice in...
LG Chem teams up with Korea Zinc for battery components supply in North America
Nov 24, 2022 23:27 pm UTC| Business Economy Nature
LG Chem Ltd. forged a partnership with Korea Zinc to work together for a stable supply of electric vehicle (EV) battery components in North America. Korea Zincs smelting technology enables the recovery of metals and the...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects