Jack Daniel’s pursues dog toy case in Supreme Court
Nov 24, 2022 22:47 pm UTC| Law Life Economy Business
Jack Daniels will bring to the Supreme Court a dog toy dispute that began in 2014 when it sent a cease-and-desist letter to VIP Products over their Bad Spaniels dog toy. A ripoff of a Jack Daniels bottle, the toy dog...
SK bioscience stops COVID-19 vaccine production due to low demand
Nov 24, 2022 10:36 am UTC| Business Economy
SK bioscience said on Wednesday, Nov. 23, that it has stopped the production of its COVID-19 vaccine called the SKY Covione. The biotechnology wing of the SK Group said that it is a temporary decision that was made because...
Gucci's leading designer Alessandro Michele vacates creative director post
Nov 24, 2022 09:10 am UTC| Business Economy
Gucci, the Italian high-end luxury fashion house based in Florence, Italy, is set to lose its creative director. It was reported that Alessandro Michele, who has been with the company since 2002, is stepping down from the...
Elon Musk considering South Korea as the next location for Tesla factory
Nov 24, 2022 09:00 am UTC| Business Economy
Elon Musk shared on Wednesday, Nov. 23, that South Korea is one of the territories being considered for a new EV investment. The billionaire said that the country could be the next location for its gigafactory in the Asian...
HP reveals global job cut plans that will affect 4,000 to 6,000 employees
Nov 24, 2022 08:59 am UTC| Business Economy
Hewlett Packard Inc. revealed this week that it would have to lay off thousands of employees over the next three years. The tech company said that these job cuts will affect 4,000 to 6,000 people in its offices and...
Samsung to supply chips to IBM, Nvidia, Qualcomm, and Baidu with the aim of surpassing TSMC
Nov 24, 2022 08:13 am UTC| Business Economy
Samsung Electronics has struck a deal with Nvidia, IBM, Qualcomm, and Baidu for the supply of semiconductors. The South Korean memory chipmaker will be producing 3-nanometer process nodes for them. With the new deals...
GM Korea closing its production plant after 60 years
Nov 24, 2022 07:26 am UTC| Business Economy
General Motors Korea is shutting down its vehicle production plant in the country after 60 years of operation. The company said that it made the decision to focus on building compact sports utility vehicles and electric...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight