Amazon pulls out its Kindle store in China
Jun 03, 2022 10:26 am UTC| Business Economy
Amazon runs a Kindle store in China, and people usually buy their e-books here. However, the American tech and e-commerce firm stated on Thursday, June 2, that it would close down the e-bookstore. According to Reuters,...
GM slashing prices of Chevy Bolt EV by 18%
Jun 03, 2022 09:57 am UTC| Business Economy
General Motors Co. revealed on Wednesday, June 1, that it will be slashing the prices of its Chevrolet Bolt electric vehicle model units. The decision came six months after the company halted the sales of its Chevy Bolts...
Coupang added 30,000 jobs in 2021, raises membership fee
Jun 03, 2022 09:23 am UTC| Business Economy
Coupang, the leading e-commerce company in South Korea, was revealed to have topped the list of largest employers for 2021. The company ranks first place after it added nearly 30,000 new jobs in that year...
Samsung, Naver partner to set up Korea’s first private 5G network
Jun 03, 2022 08:41 am UTC| Business Economy
Samsung Electronics and Naver Cloud are joining forces to build South Koreas first-ever private 5G network. On Thursday, June 2, the former announced they had launched the technology for their joint project. As per The...
Posco International reopens grain export terminal in Ukraine to partially resume operation
Jun 03, 2022 07:50 am UTC| Business Economy
Posco International, a South Korean trading company, has resumed its operation in Ukraine after partially reopening its grain export terminal in the war-torn country. The move to return to business comes after months of...
Burger King unveils redesigned BK crown and partnership with Romero Britto as it marks its birthday
Jun 03, 2022 06:19 am UTC| Business Economy
Burger King is celebrating its birthday, and to make this day special, it has unveiled a newly redesigned BK crown that was created in partnership with world-famous artist Romero Britto. The item is set to be offered to...
F1’s Monaco GP draws 2 million viewers on Sky Sports
Jun 02, 2022 22:48 pm UTC| Sports Economy Business
Formula Ones 2022 FormulaOne Monaco Grand Prix achieved an average viewership of 2.01 million to become the first European race to attract an audience of over two million for UK pay-TV giant Sky Sports. The qualifying...
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