Volkswagen Group focused on reviving sales in S. Korea after ‘Dieselgate’
Dec 07, 2022 23:44 pm UTC| Life Economy Business
Volkswagen Group Korea (VWGK) is focused on reviving sales and regaining consumer confidence, which was hurt by the companys diesel emissions scandal in 2015. In South Korea, Volkswagen voluntarily stopped selling...
Japanese fashion retailer Zozo to open 1st physical outlet offering styling advice
Dec 07, 2022 23:44 pm UTC| Life Economy Business
Japanese online fashion retailer Zozo Inc will open its first physical outlet in Tokyo in mid-December that will not sell clothes but offer free styling advice to customers. Dubbed Niaulab, the store will have...
Jollibee to sell stake in Vietnam’s Highlands Coffee for $800 million
Dec 06, 2022 16:28 pm UTC| Economy Business Life
Jollibee Foods Corp is negotiating to sell 10 percent to 15 percent of its stake in its Vietnamese coffee chain, Highlands Coffee, for around $800 million. If successful, the stake sale could eventually pave the way for...
Malaysian bubble tea chain Tealive penetrates Canadian market
Dec 04, 2022 22:49 pm UTC| Life Economy Business
Malaysian bubble tea chain Tealive has expanded in North America with its first store in Ottawa, Canada. According to Tealive CEO Bryan Loo, North America was not their priority as they were focusing on developing in...
Starbucks opens first signing store in Indonesia
Dec 04, 2022 22:48 pm UTC| Life Economy Business
Starbucks has opened its first signing store in Indonesia and its 17th in the world at Central Jakarta through licensee partner Sari Coffee. Dubbed the Starbucks Tata Puri Community Store, the establishment is manned by...
Samsung to use HDR10+ in IPTV, gaming
Dec 04, 2022 21:51 pm UTC| Business Life Economy
Samsung Electronics Co. will expand the application of HDR10+ to IPTV and video games. HDR10+, a next-generation high dynamic range (HDR) video technology, delivers more vivid color displays by optimizing the level of...
Nike, Adidas to cut order volumes by 40% as sales expected to drop
Dec 03, 2022 13:00 pm UTC| Life Sports Economy Business
Nike and Adidas will reduce their order volumes by 30 percent to 40 percent beginning next summer due to pandemic-related hurdles in China and the pullout of Russia. Both companies have reportedly notified their...
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
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