AMC Entertainment buys 7 Bow Tie Cinemas, expands US market presence in US
Apr 14, 2022 09:31 am UTC| Business Economy
AMC Entertainment acquired seven Bow Tie Cinemas that will soon be converted to the companys own brand. The move was part of its plans to further expand its presence in the United States. AMC Entertainment signed a deal...
Elon Musk sued by Twitter investors for late disclosure of stake ratio he purchased
Apr 14, 2022 09:03 am UTC| Business Economy
Elon Musk recently bought a 9.2% stake in Twitter and was offered a seat on the companys board, but he turned down the offer at the last minute. Now he is reportedly being sued by investors of the social media platform...
Hyundai to build electrified eco-friendly vehicles in US plant
Apr 14, 2022 05:09 am UTC| Business Economy
Hyundai Motor revealed on Wednesday this week that it will be injecting ₩370 billion or about $300 million for its plant in the United States. The funding will be used to support the companys production of eco-friendly...
Ferrero ordered to temporarily suspend operations at Belgian plant over salmonella link
Apr 13, 2022 23:15 pm UTC| Health Economy Business
Belgiums food safety agency AFSCA-FAVV has ordered Ferrero to suspend production at its plant in Arlon, Belgium due to a link that has been confirmed between more than a hundred cases of salmonella and Kinder chocolate...
Sweden’s Goals raises US$15 million to build NFT-based soccer video game
Apr 13, 2022 23:12 pm UTC| Sports Economy Technology
Swedish startup Goals has raised US$15 million in seed funding for building a non-fungible token (NFT)-based soccer video game that can be an alternative to EA Sports FIFA series. Northzone led the investment, which...
Sales of compact cars in S. Korea up 34.5 % due to sky-high gasoline prices
Apr 13, 2022 23:08 pm UTC| Business Economy
With record-setting gasoline prices, compact cars are regaining popularity in South Korea, with sales by the nations five major carmakers reaching 30,189 units in the first quarter of this year, up 34.5 percent from a year...
BMW Korea collaborates with KEPCO in developing EV charging technology
Apr 13, 2022 23:02 pm UTC| Economy Nature Business
BMW Group Korea and South Koreas state power firm Korea Electric Power Corp. (KEPCO) will jointly develop a next-generation plug-and-charge electric vehicle (EV) charging service. By simply connecting a charging...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects