POSCO to temporarily close factories as truckers’ strike in South Korea continues
Jun 13, 2022 08:12 am UTC| Business Economy
POSCO is the latest major company that is affected by the ongoing truckers strike in South Korea. The union truckers have not returned to work yet, and on Sunday, they have been in a protest for six straight days...
CJ ENM inks agreement deal with Saudi Arabia’s culture ministry
Jun 13, 2022 07:11 am UTC| Business Economy
CJ ENM has partnered with the Saudi Arabian Ministry of Culture to organize cultural events together. The two parties also signed a memorandum of understanding (MOU) to jointly invest in content production, and this was...
Lotte appoints former Samsung Biologics executive to be its bio biz’s CEO
Jun 13, 2022 06:33 am UTC| Business Economy
Lotte Corporation recently formed Lotte Biologics as its newest business unit to venture further into the bio business sector. As the new division starts to operate independently, the company assigned an executive to lead...
Jury rules Reckitt did not steal trade secrets for its premature-ejaculation spray K-Y
Jun 12, 2022 16:07 pm UTC| Law Economy Business Health
UK consumer goods giant Reckitt Benckiser LLC created its K-Y-branded premature ejaculation spray without stealing trade secrets from a small pharmaceutical company, according to a jury in a New Jersey federal...
Tokyo horror-filled restaurant The Lockup to close for good July 31
Jun 12, 2022 15:00 pm UTC| Life Business Economy
Partners Dining announced that the last branch of its The Lockup, in Shinjukus Kabukicho, will close for good on 31 July. While the restaurants operators have not given an official reason for the closure, The Lockup was...
IATA blasts EU's plan to expand emissions rule for flights
Jun 12, 2022 14:31 pm UTC| Nature Economy Business
The International Air Transport Association (IATA) criticized the EUs Parliament for seeking to expand its emissions trading system to all flights departing the 27-nation bloc. The IATA, which claims to represent 290...
Burger King’s Pride Whopper campaign faces backlash for being tone-deaf
Jun 10, 2022 13:00 pm UTC| Business Life Economy
Burger King Austrias unveiling of the Pride Whopper, which it will sell until June 20, received a swift backlash online for being tone-deaf. It is the same as the usual whopper, but with two equal buns, which are the...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects