Nike, other foreign firms not being punished for abusing subcontractors: lawmaker
Oct 04, 2022 22:50 pm UTC| Law Economy Business
Nike and other foreign companies could easily evade the fair trade law in South Korea even if they exploit their dominant position over domestic subcontractors by abusing them, according to a lawmaker. According to Rep....
S. Korean construction firms use metaverse to showcase model houses
Oct 04, 2022 22:50 pm UTC| Technology Economy Business
The South Korean construction industry is using metaverse technology as an option for building and operating expensive real model houses and reaching a wider customer base Lotte Engineering Construction Co. rolled out...
ONE Championship confident of profitability in 3 years after losing $111 million in 2021
Oct 04, 2022 22:50 pm UTC| Sports Economy Business
ONE Championship expects to turn a profit in three years after its losses increase 125 percent on year to US$111 million for 2021. Singapore-based ONEs revenue grew 19.1 percent on year to $67.7 million, with...
Cleveland Cavaliers to cover Bally Sports+ subscriptions for season ticket holders
Oct 04, 2022 22:50 pm UTC| Sports Economy Business
The Cleveland Cavaliers will cover Bally Sports+ subscription streaming costs for Cavs United members with full or half-season tickets. The NBA teams move follows the nationwide US launch of the Bally Sports+...
Apple, Amazon’s $195M antitrust fine scrapped by the Italian court
Oct 04, 2022 09:45 am UTC| Business Economy
Apple and Amazon were previously slapped with a hefty $195 million fine by the Italian anti-trust regulators. However, on Monday, Oct. 3, it was revealed that the administrative court in Italy has thrown out the penalty...
Google removes Google Translate feature service in China
Oct 04, 2022 09:25 am UTC| Business Economy
Google confirmed on Monday, Oct. 3, that it had discontinued its Google Translate service in mainland China. The pullout highlighted the end of operation for one of the companys last remaining services in the...
Amazon introduces ‘Amazon Access’ shopping portal for customers on government assistance
Oct 04, 2022 09:19 am UTC| Business Economy
Amazon debuts its new shopping portal on Monday, Oct. 3. The company named it Amazon Access, and it was specially built for customers who are receiving government assistance. As per CNN Business, Amazon already has...
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