SK Telecom steps into AI coffee robot biz
Jan 29, 2023 22:08 pm UTC| Life Technology Economy Business
SK Telecom is launching an unmanned coffee robot service dubbed AI Barista Robot in collaboration with Doosan Robotics Co. The robot can make about 20 different types of coffee and drinks and offers coffee that...
LVMH’s sales defy downturn as shoppers splurge
Jan 28, 2023 22:54 pm UTC| Life Economy Business
Luxury goods group LVMHs sales jumped 9 percent to $24.65 billion in the fourth quarter as shoppers in Europe and the US splurged over the holiday season, partly offsetting COVID disruptions in China. Analysts were only...
Lotte Duty Free awarded 10-year Melbourne Airport rights
Jan 28, 2023 22:54 pm UTC| Life Economy Business
Lotte Duty-Free has inked a 10-year concession to operate duty-free shops at Melbourne Airport and will begin operating its 592 square-meter store on June 1. The project marks the South Korean travel retail giants...
Levi’s finishes 2022 with 5.7% revenue decline
Jan 27, 2023 22:50 pm UTC| Economy Business Life
Levis has ended a solid year with revenue declining 5.7 percent to US$151 million in the fourth quarter from US$151 million in the same period in 2021. The denim giant posted sales of $1.59 billion in the fourth...
Toyota to develop EV-only car platform to rival Tesla
Jan 26, 2023 23:59 pm UTC| Life Nature Economy Business
Toyota Motor Corp. will develop an EV-only platform to cut costs, and raise production efficiency and competitiveness to directly compete with industry leader Tesla. The strategy is a radical shift gear in how it...
Mercedes, Porsche open EV-only sales outlets in Japan
Jan 26, 2023 23:59 pm UTC| Life Economy Business Nature
Mercedes-Benz and Porsche are setting up sales outlets exclusively for electric vehicles in Japan, hoping to take the lead in establishing sales systems at a time when Japanese automakers EV lineups remain limited. The...
China Airlines partners with Toutouan, JIA to upgrade its inflight Japanese cuisine
Jan 26, 2023 23:59 pm UTC| Economy Business Life
China Airlines has partnered with Tokyo restaurant Toutouan to offer Premium Business and Business Class passengers natural style Japanese cuisine on all its Japan routes. Passengers flying Premium Business and Business...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight