Samsung Display to officially shut down its LCD business
May 30, 2022 09:11 am UTC| Business Economy
Samsung Display made the decision to close down its liquid crystal display (LCD) business, and its operations are officially ending in June. It was reported that the declining global competitive edge brought about by...
Elon Musk will only produce Tesla cars in India if the government allows these two things
May 30, 2022 08:41 am UTC| Business Economy
Elon Musk said that Tesla cars would not be manufactured in India unless the government grants its two requests. It was reported that Indian leaders had appealed multiple times to bring the Tesla vehicles to the...
IKEA, SunPower team up to sell solar products in select US stores
May 30, 2022 08:19 am UTC| Business Economy
IKEA has teamed up with SunPower Corp. to make solar energy products easily accessible to customers. Also, the aim of the collaboration is to offer solar solutions in homes in the United States. IKEA made the...
Victoria's Secret to fund $8.3M settlement for terminated Thai workers
May 30, 2022 07:59 am UTC| Business Economy
Victorias Secret agreed to finance the $8.3 million to settle a case related to the layoff of Thai workers last year. They worked at a factory that makes the brands lingerie products being supplied worldwide. According...
Walmart, Kroger, Trader Joe’s organic strawberries linked to Hepatitis A outbreak in US
May 30, 2022 07:21 am UTC| Business Economy
The organic strawberries that are sold in major supermarkets and groceries, including Walmart, Kroger, and Trader Joes, are being investigated by the U.S. Food and Drug Administration (USFDA) for its possible connection to...
Starbucks opens first subway station store in Seoul
May 30, 2022 07:20 am UTC| Business Economy
Starbucks Korea has a new store in Seoul, and it is located in an unusual place. The coffee chain opens the very first cafe in the subway station. As per Pulse News, Starbucks Korea, which is operating under full...
S.Korea’s major conglomerates to hold global strategy meetings to assess biz environment
May 30, 2022 02:42 am UTC| Business Economy
South Koreas major conglomerates such as Samsung Electronics, SK, and LG will conduct business strategy meetings in the first half to examine their respective issues in the domestic and overseas business...
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