Starbucks Korea to recycle 100% of its coffee grounds by 2027
May 13, 2022 23:42 pm UTC| Nature Economy Business
Starbucks Korea will conduct a recycling environment assessment on coffee grounds generated by its stores across South Korea with the goal of recycling 100 percent of its coffee grounds by 2027. Coffee grounds were...
Siemens leaving Russian market despite hefty losses
May 13, 2022 10:07 am UTC| Business Economy
Siemens announced on Thursday, May 12, that it has decided to pull out from the Russian market because of the ongoing war in Ukraine. The German multinational engineering and tech firm said that with its decision, it would...
CJ ENM, Naver Webtoon, Studio Dragon to jointly launch drama production in Japan
May 13, 2022 09:50 am UTC| Business Economy
CJ ENM, Naver Webtoon, and Studio Dragon have announced their partnership to form a joint venture in Japan. The companies are planning to launch a drama production venture and expand their business overseas. CJ ENM Co....
Shell selling its retail oil business to Lukoil as it exits Russia
May 13, 2022 09:41 am UTC| Business Economy
Shell oil giant is set to sell its retail business, including more than 400 petrol stations, as it moves to leave Russia. It was revealed that Lukoil Oil Company, a Russian multinational energy corporation headquartered in...
HBO, Paramount streaming platforms to launch in South Korea
May 13, 2022 08:45 am UTC| Business Economy
HBO Max and Paramount Plus are entering the Korean market to offer video streaming services via local OTT players. The US-based streaming platforms will team up with South Korean distributors as they move to do business in...
Adidas ad banned in the UK for exposed breasts
May 13, 2022 08:33 am UTC| Business Economy
Adidas released its advertisement for its new sports bra, and this was banned in the United Kingdom. The countrys Advertising Standards Agency said it has blocked the sports apparel brands ads for sports bras because they...
Naomi Osaka launches own sports agency Evolve after IMG exit
May 12, 2022 22:59 pm UTC| Sports Economy Business
Four-time Grand Slam winner Naomi Osaka has started sports agency Evolve with her agent Stuart Duguid after the Endeavor-owned IMG refused to accommodate her requests for more flexibility in their contract...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects