Coupang accused of negligence and selling over a decade-old expired cooking oil
Nov 02, 2021 10:07 am UTC| Business Economy
Coupang has been trending in South Korea after a customer uploaded photos of the cooking oil she purchased at the e-commerce store. As her story spread, the largest online retailer in the country has been criticized for...
Amazon seeking approval to launch its own internet satellites in 2022
Nov 02, 2021 07:21 am UTC| Business Economy
Amazon is planning to launch and operate its own internet satellites next year, and it has already asked the U.S. Federal Communications Commission for approval. The e-commerce and tech company is applying for two...
KT Telecom is paying ₩35 to ₩40 billion for massive network outage
Nov 02, 2021 06:25 am UTC| Business Economy
KT Telecom is set to pay its subscribers as compensation for the massive network outage last week. The company will have to shell out from ₩35 to ₩40 billion or $29 to $33 million for this issue. As per The Korea...
Popeyes announces expansion of its fast-food chain to Romania
Nov 01, 2021 10:02 am UTC| Business Economy
Popeyes is expanding and bringing its brand of Louisiana fried chicken to Romania. The fast-food company inked a deal with Sterling Cruise, a food and beverage operations and management company, to launch the brand in the...
Chick-fil-A announces the return of its Peppermint Chip Milkshakes
Nov 01, 2021 09:54 am UTC| Business Economy
Chick-fil-A is getting ready for the holiday season this year, and it is starting its preparations by bringing back one of the favorite menu items in its restaurants. It was announced that the fast-food chain is releasing...
GameStop COO ditches post just months after appointment
Nov 01, 2021 09:51 am UTC| Business Economy
GameStop lost an executive after Jenna Owens, its chief operating officer, stepped down from her post. It was reported that she left just seven months after joining the company and being appointed as its COO. As per CNN...
Toyota announces $461M investment in its first US plant in Kentucky
Nov 01, 2021 09:38 am UTC| Business Economy
Toyota is developing its first plant in the United States, and it was recently reported that it would be investing $461 million to add new technology, boost production flexibility as well as lessen its carbon...
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
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects