Hyundai reveals name of its flying vehicles subsidiary in the U.S.
Nov 10, 2021 11:10 am UTC| Business Economy
Hyundai Motor finally announced the name of its urban air mobility (UAM) unit that is based in the United States. On Tuesday, Nov. 9, the South Korean automaker said it is calling its subsidiary Supernal. Hyundai Motor...
Twitter activates Blue subscription service for US users
Nov 10, 2021 10:48 am UTC| Business Economy
Twitter unveiled its Blue subscription service, and users in the United States and New Zealand can start using the available offers such as access to around 300 news sites without any ads. The microblogging and social...
United Airlines discontinues flights to 11 cities in the US
Nov 10, 2021 10:43 am UTC| Business Economy
United Airlines was revealed to be pulling out from servicing at least 11 minor cities in the United States. The airline has removed the locations from its regional routes and this was said to be one of the negative...
Sony investing $500M in TSMC's new chip factory in Japan
Nov 10, 2021 10:18 am UTC| Business Economy
Sony Group Corp. and Taiwan Semiconductor Manufacturing Co. are cooperating to build a new chip plant in Japan. The Japanese multinational company headquartered in Tokyo is contributing to the project by agreeing to invest...
GE announces its division into three separate companies
Nov 10, 2021 09:51 am UTC| Business Economy
GE is a big company with many divisions and offers a number of products. Now it wants to improve and expand each of these units so it decided to split the company into three separate firms. As per CNBC, General Electric...
Citibank’s exit from S. Korea will cost the company $1.5B
Nov 10, 2021 09:42 am UTC| Business Economy
Citibank is officially pulling out its retail banking business in South Korea, and this move will cost the company around $1.5 billion or 1.76 trillion. The bank needs to settle this amount to make a clean exit and without...
UFC taps TMG to be official sports memorabilia distributor
Nov 09, 2021 23:11 pm UTC| Sports Life Economy
The Ultimate Fighting Championship (UFC) inked a deal to make The Memento Group (TMG) the global distributor of its officially licensed sports memorabilia. The new deal, which was brokered by agency giant IMG, sees TMG...
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