Hyundai, Kia announce recall for almost 500,000 vehicles in the US
Feb 09, 2022 09:29 am UTC| Business Economy
Hyundai and Kia have issued a recall for some models of their vehicle line this week. Owners were also warned that their vehicles could catch fire even when the engine is turned off. According to Fox Business, customers...
Chanel follows Louis Vuitton in pulling out of S. Korea’s duty-free shops
Feb 09, 2022 09:02 am UTC| Business Economy
Chanel is the next luxury brand to announce pull-out from duty shops in South Korea. The French fashion house will be closing its stores in duty-free shops located in Jeju Island and Busan. As per The Korea Herald, the...
Peloton removes CEO John Foley and 2,800 employees set to lose jobs
Feb 09, 2022 08:24 am UTC| Business Economy
Peloton announced this week that its chief executive officer, John Foley, is stepping down from his post. But unfortunately, it was also revealed that 2,800 employees will have to be laid off as well. As per CNN...
Ferrari, Qualcomm announce strategic partnership for technology collaboration
Feb 09, 2022 07:29 am UTC| Business Economy
\Ferrari N.V. and Qualcomm Technologies revealed on Tuesday, Feb. 8, that they have entered into a partnership deal for future tech projects related to road and racing cars. The companies will be collaborating on the...
Hyundai Motor to reenter Japan 12 years after market withdrawal
Feb 09, 2022 06:48 am UTC| Business Economy
Hyundai Motor revealed its plan to return to Japan after leaving the country 12 years ago. The South Korean automaker was forced to withdraw its business at that time due to low sales. As per Reuters, Hyundai Motor made...
Meta warns of Facebook, Instagram shut down in Europe
Feb 09, 2022 06:38 am UTC| Business Economy
Meta Platforms Inc. may be forced to shut down Facebook and Instagram in Europe. The American tech company headquartered in Menlo Park, California, issued a warning of service pull out in the region if the conflict over...
Pineapple gaining popularity as a pizza topping
Feb 08, 2022 22:19 pm UTC| Economy Business Life
Pizza orders with pineapple surged by 76 percent in 2021, according to the National State of Pizza report from Slice, the food-ordering app that works with 18,000 pizzerias across the US. Abe Nasrallah, an executive...
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