Archive / Business - 2021
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LG-GM Joint Venture to Build 2nd Battery Plant in U.S.LG Energy Solution and U.S. carmaker GM will build another electric vehicle battery plant in Tennessee, their second in the U.S.The two companies will pour...Ssangyong Goes Back into ReceivershipSsangyong has gone back to court receivership a decade after the perpetually troubled SUV maker last emerged from hospital because of India's Mahindra.The court appointed...Hyundai to Build Future Car R&D Center in ShanghaiHyundai will setup a future car research center in Shanghai in a bid to boost flagging sales in the world's major market.Hyundai and affiliate Kia...After union vote, Bezos vows to accomplish better for Amazon workersAfter a union battle at an Alabama warehouse, Amazon founder Jeff Bezos acknowledged that Amazon has to do better because of its workers and vowed...Samsung to carry Virtual Unveiling for New LaptopsSamsung will hold its first Unpacked event for notebook computers late this month.The company on Wednesday delivered invitations for the online event titled "Galaxy Unpacked:...Kia Offers Glimpse of Facelifted K3 SedanKia on Wednesday unveiled images of the inside and exterior of its new K3 compact sedan.The car has undergone its first partial facelift in 3...Koreans Trade Record Amount of Foreign StocksKoreans traded a record amount of foreign stocks and bonds in the first quarter of the entire year.In line with the Korea Securities Depository on...40% of Bankers Make 6-Figure SalariesOver 40 percent of bankers in Korea make six-figure salaries or even more than W100 million (US$1=W1,115). That's even more than in brokerages and insurance...Suez Canal chief: Vessel impounded amid financial dispute with Japanese ownerEgyptian authorities impounded an enormous cargo vessel that blocked the Suez Canal previous month amid a economical dispute with its owner, the canal chief and...Hyundai Joins Samsung SDI in Developing Electric Car BatteriesHyundai and Samsung SDI have agreed to develop cutting-edge cylindrical batteries for the automaker's hybrid cars. The decision follows a rare conference this past year...Netflix's Earnings in Korea Double in a YearNetflix earned W400 billion from its streaming service in Korea last year, more than double the total amount it manufactured in 2019 (US$1=W1,125).Sales jumped 123.5...Mercedes, BMW Post Constant Sales in Korea In spite of LockdownMercedes-Benz and BMW posted a good combined earnings of W260 billion in Korea this past year regardless of the coronavirus pandemic (US$1=W1,125).Both German carmakers, which...Federal Reserve head Powell sees U.S. boom ahead, with COVID even now a riskThe U.S. market is poised for a long period of strong development and hiring, the chair of the Government Reserve said within an interview broadcast...Kosdaq Tops 1,000 PointsThe teach-heavy Kosdaq closed above 1,000 points on Mon for the very first time in over two decades.The junior index closed up 1.14 percent or...POSCO Articles Highest Operating Earnings in 10 YearsSteelmaker POSCO achieved the best operating profit in a decade during the first quarter of the year.Sales in the primary three months of this year...One in 10 Franchise Outlets Is DoomedEven well-known franchises aren't immune to the pressures of the marketplace and dwindling demand for identikit goods.Based on the Korea Fair Trade Commission, the closure...Post-COVID era of hybrid work beckons on UKConsultant Rachel Watson enjoys being based at her home that looks onto the London skyline but misses any office vibe. She'll soon get the very...AstraZeneca Jabs Limited to Over-30sThe government has decided to resume AstraZeneca vaccinations on Mon but limit them to persons over 30. Which means 640,000 little people who were to...SK and LG Settle 2-Year Battery DisputeSK and LG have reached a multi-billion settlement to get rid of a legal dispute found in the U.S. which has dragged on for the...Thousands More Koreans Become Stock BillionairesSome 43,800 Koreans owned more than W1 billion worth of stocks this past year, up from just 25,200 in the entire year before, the Korea...Long road in advance for buyout offer up, Toshiba board chair warnsA Uk hedge fund's buyout offer for Toshiba faces a long road, including trying to find regulatory approval and extra financing, the chairman of japan...After Amazon: Labor tries to regroup in wake of Alabama lossRegardless of the strongest public assist and the many sympathetic president in years, the American labor activity just experienced a stinging defeat -- again.Amazon warehouse...Middle East and Africa M&A good activity jumps 52% on Q1 2021Merger and acquisition bargains targeting the Middle East and Africa rose 52 per cent in the first one fourth of 2021, led by the tech...Saudi Aramco signs $12.4bn pipeline handle EIG-led groupSaudi Aramco signed a $12.4 billion package for the sales of a 49 per cent stake in a newly formed oil pipeline venture to a...Central banks add 8.8 tonnes of gold to reserves in FebruaryCentral banks increased their gold purchases on February as they added 8.8 tonnes gold to their reserves through the month, according to the World Gold...In regards to S$370 million in payouts erroneously credited to companies under Jobs Support Scheme in OctoberRoughly S$370 million in government payouts beneath the Jobs Support Scheme (JSS) were erroneously credited to about 5,400 companies in October this past year, after...Korean Shipbuilders Claim above 50 % of Global Vessel Orders on MarchKorean shipbuilders won over fifty percent of all global orders on March.Korea netted orders of 63 vessels or 2.86 million compensated gross tons in March,...Samsung, LG Content Record EarningsSamsung and LG have published record first-quarter earnings.Samsung's first-quarter sales totaled W65 trillion, while LG achieved a good first-quarter operating profit of W1.52 trillion (US$1=W1,118).The...Delivery-Focused Eateries on the Rise Amid Coronavirus EpidemicRegardless of the prolonged coronavirus epidemic, the quantity of new restaurants in Seoul increased in the earliest 8 weeks of this year.The increase is related...Toshiba receives ¥2 tril acquisition give from global fundTrading in Toshiba stock was halted Wednesday after the Tokyo-based technology conglomerate verified it had received an initial acquisition proposal.Toshiba Corp. explained it possessed asked...Korea's National Credit debt Surpasses GDPKorea's national debt swelled to W1.99 quadrillion this past year, surpassing the country's GDP for the very first time (US$1=W1,122).Last year's GDP was 1.92 quadrillion.The...Online Shopping Frenzy on the WaneThe web shopping frenzy sparked by the coronavirus epidemic is abating as customers go back to physical shops and malls.Online transactions decreased 8.7 percent from...In apology, Amazon admits some drivers in U.S. have to 'pee in bottles'E-commerce giant Amazon has apologized to a U.S. lawmaker after falsely denying that some of its drivers are forced at times to urinate in plastic...Vietnam puts chocolate brand on the world mapChocolate made by French entrepreneurs in Vietnam is embarking on a global expansion after local private equity form Mekong Capital has injected an undisclosed sum...Bankers' Salaries Soar as Jobs DwindleEmployees of major banks earned about W100 million on average last year (US$1=W1,129). At the same time more than 200 bank branches closed nationwide as...LG Gives up on Smartphone BusinessLG has given up trying to sell its money-losing smartphone business and decided to dismantle instead.The decision was made at a board meeting on Monday...Sony announces end of online, PlayStation Store support for PS3 and VitaJust like technological advances are continually extending human lifespans, they’re doing the same for gaming consoles. However in a darker parallel, there comes a period...Tokyo's Imperial Hotel to come to be rebuiltImperial Hotel Ltd said it'll rebuild its renowned luxury hotel on central Tokyo at a price as high as 250 billion yen in anticipation of...COVID-19 cuts jobs, boosts stocks, widening financial gap in JapanThe coronavirus pandemic has taken significant monetary impacts in Japan, with the widening gap between the rich and the poor being truly a prime example.The...Big Businesses Cut 6,300 Jobs in Coronavirus PandemicBig conglomerates cut 6,300 jobs amid the coronavirus pandemic as their earnings dropped.Analysis of the business reports of 74 of Korea's top 100 companies shows...Moon Vows to Start Lunar Landing Module by 2030Korea is set to launch its primary lunar orbiter up coming year with the goal of landing on the moon using its own rocket by...WeWork to go public, valued at $9 bilWeWork announced Friday it plans to enter public markets through a merger transaction that raises $1.3 billion for the office-sharing firm.The move comes two years...Australia threatens WTO actions as China hikes duty on wineAustralia's trade minister threatened to take on China to the World Trade Business on Saturday (Mar 27) above its "unjustifiable" decision to hike duties on...Samsung to Start Drone Delivery Service on IrelandSamsung begins drone delivery of Galaxy smartphones, tablets and other gadgets in Ireland, a first for the company.Samsung signed a good partnership with Manna Drone...Nongshim Posts Record Sales of Prompt Noodles Amid Coronavirus LockdownNongshim raked in over W2 trillion in sales of instant noodles last year, as demand for easy-to-prepare meals has soared amid the coronavirus lockdown (US$1=W1,134).Its...Renesas fire threatens to deepen global chip supply woesJapan's federal government and automakers happen to be lining up to provide support to an integral chip manufacturer following a factory fire that could worsen...Nike sees social press storm in China over Xinjiang statementAnger with Nike Inc erupted on Chinese community media late on Wednesday (Mar 24) after China's netizens spotted a good statement from the sporting goods...Bali could reopen for foreign travelers in JuneIndonesia’s most popular tourism vacation spot of Bali could possibly be reopened as soon as in mid-June or July this season as a way to...NCsoft CEO Is Korea's Fattest CatNCsoft CEO Kim Taek-jin earned the best salary in Korea this past year with W18.4 billion including bonuses (US$1=W1,131).Second was CJ Group chairman Lee Jay-hyun...Vietnam’s dairy industry to become the country’s next growth storyFollowing a electronics assembling sector, a great export-driven textile, seafood and agriculture sector in Vietnam and a great up-and-coming car and electrical vehicle and also...Louis Vuitton Hikes Rates AgainFrench luxury brand Louis Vuitton has marked up rates of some products by five to eight percent in what's already the fourth selling price hike...Korean Consortium Lands Indonesian Airport terminal ProjectA consortium of Incheon AIRPORT TERMINAL Corporation and local companions has won a W600 billion contract to build up and operate an airport in Indonesia...Shareholders from 90 Countries Trade Samsung SharesShareholders from 90 countries trade Samsung Consumer electronics shares amid the latest global inventory frenzy, up from 64 countries in 2019.The globalization trend is not...Korean Investors Buy Even more Tesla Inventory as Price TanksKorean investors owned 1.4 percent of Tesla stocks or 13.04 million shares worth around W9.92 trillion by March 10 (US$1=W1,130). Tesla continues to be the...Korea Launches Homegrown Observation SatelliteKorea launched a homegrown observation satellite from the Baikonur Cosmodrome in Kazakhstan on Monday.The satellite separated successfully from the launch rocket 64 minutes after blast-off...Oil unlikely to stay bearish for very long after most severe weekly slump in a good yearOil prices are actually unlikely to remain bearish for long, as fundamentals in crude market segments will adjust soon, analysts say.Crude suffered its worst type...Dubai's Environment Logistics Passport expands global network of trade hubs to 11 countriesThe Community Logistics Passport, a Dubai-led initiative designed to boost trade between producing markets, has expanded its global network of trade hubs to four continents...Japan's malls and eating places brace for Olympics without foreign visitorsStores and restaurants in Japan will miss out on a organization boom, due to Tokyo expects to carry the Olympics without abroad spectators, coping another...G7 agrees to backside growth of IMF financial firepowerThe world's seven greatest advanced economies have decided to support the first expansion of the International Monetary Fund's reserves since 2009, a step meant to...Hyundai Unveils 1st Multipurpose Car or truck in DecadesHyundai on Thursday offered a sneak peek at the Staria, its first multipurpose vehicle in 22 years.The vehicle will come in two models -- standard...Coupang Shares Drop After Bumper IPOE-commerce company Coupang's stock value plummeted for another day on Wednesday just after a bumper listing about the New York Stock Exchange on March 11,...Samsung Family Borrow Money to Pay Inheritance TaxSamsung chief Lee Jae-yong, and his several sisters took out hundreds of billions of won in loans to pay the inheritance taxes on the vast...Huawei Needs Royalties from Samsung and AppleHuawei is demanding royalties from Samsung and Apple for which consists of 5G mobile communication patents.The beleaguered Chinese tech giant had not demonstrated any interest...Jobs Decline for 12th MonthCareers declined for the 12th consecutive month in February. Statistics Korea said Wednesday that the amount of employed people in the united states dwindled by...Digital banks finally arriving at the PhilippinesDigital banks - also known as neobanks - are actually preparing their industry entry in to the Philippines as the country’s central bank is definitely...A sobering technique for pandemic times - brewers lender on alcohol-free beer boomHis social life severely curtailed by the coronavirus pandemic, Tadasu Masuda found himself embracing the possibility to take what in Japan are known as "liver...Genesis Revenue Soar with Let go of New ModelsGenesis' sales increased considerably found in January and February following the launch of new models last year.Hyundai’s luxury brand sold some 18,818 vehicles already in...Korea's Economic Restoration to Lag In back of G20The OECD forecasts global economical restoration from the coronavirus pandemic is "coming," but Korea's will lag substantially behind other members of the G20."Global economic leads...Kia Unveils 1st All-Electric CarKia on Mon unveiled the surface and interior design of its first all-electric power car, the EV6.Boffins expect it to come to be better than...Georgia Governor Warns of Shed Careers If SK Ban Is UpheldThe governor of the U.S. status of Georgia features urged President Joe Biden to veto a ruling by the International Trade Commission banning SK Advancement...Coupang Points Method for More Korean Start-ups to Head out Public in U.S.Coupang might have opened the gates for more Korean start-ups in to the U.S. following the e-commerce organization went consumer in the New York STOCK...Genesis Sales Soar with Let go of New ModelsGenesis' sales increased significantly found in January and February following the start of new models this past year.Hyundai’s luxury brand sold some 18,818 vehicles already...Japan's machinery orders dip as being fresh COVID-19 pandemic measures crimp spendingJapan's main machinery orders fell in January for the very first time in a number of months due to a major drop found in service-sector...British Airways calls for vaccinated people to travel without restrictionsBritish Airways' different boss said vaccinated people should be permitted to travel without restriction and non-vaccinated people with a negative COVID-19 test, as he lay...Services sector to operate a vehicle UAE recovery in 2021, ADCB saysThe UAE's economy will continue steadily to improve this year, motivated by higher oil prices, an instant Covid-19 vaccination campaign and a services sector rebound,...Global IPO market heading towards record earliest quarterThe global market for initial public offerings is headed because of its biggest-ever first quarter, even while scepticism grows about the US-led boom in blank-cheque...Airtime: Flight simulators keep pilots sharp during pandemicThe coronavirus crisis has clipped the wings of airline pilots but those who have kept their jobs are undertaking what they can to stay sharp...Mizuho hit by 4th glitch in 2 weeksMizuho Lender suffered its fourth program glitch in fourteen days Friday, dealing a serious blow to the administration of 1 of Japan's best banks which...Daiichi Sankyo starts AstraZeneca vaccine production in JapanJapanese drugmaker Daiichi Sankyo Co said Fri it has started production the COVID-19 vaccine of Britain's AstraZeneca Plc on Japan, as reports emerged in a...Court ruling suspends US ban on investment found in XiaomiA USA federal judge on Friday (Mar 12) temporarily blocked the Department of Security from forcing American investors to divest holdings in Chinese smartphone maker...Food Delivery Tycoon to Incentive Staff from Own PocketKim Bong-Jin, who founded Korea's greatest food delivery software Baedal Minjok, gives W100 billion worthy of of stock options and various other bonuses to all...Japan's 'solidarity' quake tax may be model to foot pandemic billJapan is spending money on the huge cost of rebuilding areas hit by the March 2011 earthquake and tsunami with a special "solidarity" tax that...Carmakers Desperate to Find Reliable EV Battery SupplyGlobal automakers in the U.S. have sent a petition to the U.S. International Trade Commission seeking leniency for Korean EV battery maker SK Innovation in...Bangladesh’s Apparel Exports to Us Decline by 16% in January: OtexaAccording to OTEXA, Bangladesh’s clothes export to the united states, the country's single major destination, registered over 16 per cent decline in January 2021 year-on-year...Coupang Sets New York IPO Price at Historic $35Seoul-based e-commerce company Coupang has priced its initial public offering at US$35, in line with the Wall Street Journal on Wednesday, ahead of its listing...Ugg launches footwear collection created from plant-based materialsUS footwear brand Ugg has launched a fresh collection made from plant-based materials.The dual-gender Plant Power Collection features three of Ugg’s popular styles reimagined with...Hyundai Offers Sneak Peek of High-Performance SUVHyundai on Wednesday released pictures of the Kona N SUV's exterior. The compact SUV includes a high-performance engine and transmission offering improved driving and handling.The...Women Still Constitute Only 3.6% of CEOsWomen account for just 3.6 percent of CEOs of outlined companies in Korea. Although the ratio keeps growing each year, it continues to be embarrassingly...Nissan recalling 854,000 Sentra cars found in U.S., Canada to repair brake light problemNissan is recalling a lot more than 854,000 cars found in the U.S. and Canada for the reason that brake lights may not come on...Outland Denim Enters Ready-to-wear SegmentOutland Denim is expanding functions by foraying in to the ready-to-wear segment. As per Sourcing Journal, the B Corp-certified organization has launched its Planting season/Summer...Yarn Expo Planting season to spotlight SustainabilityInternational and domestic suppliers at the forthcoming Yarn Expo Planting season will concentrate on sustainable products. The reasonable will now be placed from March 17-19,...Rush to bitcoin? Not so fast, say keepers of corporate coffersWhen Elon Musk's Tesla became the biggest brand to reveal it had added bitcoin to its coffers last month, many pundits were swift to call...The Developing Demand For Versatility, Simplicity And Sustainability In The Innerwear MarketThe outbreak of COVID-19 has changed the lives of consumers around the world, impacting how people live, eat and outfit. As more and more consumers...Asics upcycles second-hand apparel to create new running shoesJapanese sports brand Asics has launched a fresh line of jogging shoes created from recycled second-hand clothing.The Sunrise Reborn Pack features two new shoes in...Reclusive Chinese water tycoon is now Asia's richest personUntil recently, few persons had even heard about the Chinese billionaire with a good gruff standing who built a fortune on China's seemingly unquenchable demand...Over 3 Million Workers Earn Less Than Minimum WageSome 3.19 million personnel in Korea earn less than the minimum wage, the second-highest number on record.The Korea Employers Federation said Monday that 3.19 million...More drivers, a wider selection of services on the horizon for Gojek users in Singapore, says co-CEOA larger pool of drivers and a wider selection of services are a number of the things Gojek users in Singapore can anticipate in the...Top Japanese banker noises alarm above Hong Kong freedomsChina's crackdown in Hong Kong has left Japanese finance organizations "quite definitely afraid" and reconsidering whether to stay in the city, a good senior banker...Cotton Trade Suffers Seeing that India-Pakistan Political Standoff ContinuesThe political standoff between India and Pakistan is leading to India a lack of around 15 lakh bales of cotton exports. India discontinued the Just...Coalo a new online industry for sustainable menswear launchesCoalo, a new online industry Coalo has launched, advertising eco-conscious and ethically produced menswear brands only.The Uk marketplace stocks premium menswear pieces from eight ethical...The denim marketplace is evolving, enter the era of responsible designThe average pair of jeans was once a detriment to the environment, with every stage of production a sustainability hazard. From natural cotton production using...End of the Series for Hyundai's Sonata Sedan?Hyundai has halted creation at its plant in Asan, which has been making the ubiquitous mid-sized Sonata sedan for twenty years.Hyundai said the stoppage in...China exports spike to highest in 2 years after COVID-19 hitChina's export expansion jumped to the best in over two decades, official data showed Sunday, with imports also surging in a good sharp bounceback from...International investment flocks to Ho Chi Minh City despite pandemicVietnam’s southern organization hub of Ho Chi Minh City recorded $337.8 million of foreign investment through the first 8 weeks of 2021, with property attracting...Apparel Supply Chain Needs New Ways of Survive Post-covid-19 EraThe pandemic has plunged fashion and retail sales like nothing you've seen prior. The apparel industry knowledgeable an unprecedented drop popular, impacting its entire supply...More Than 60% of Conglomerates Reluctant to Hire New StaffAmid the prolonged economical recession due to the COVID-19 epidemic, six out of 10 conglomerates either haven't any hiring packages or have yet to finalize...Active Apparel Diplomacy Can Help Bangladesh Survive Between the FittestBangladesh is finally moving from being a least developing country to a developing nation according to United Nations’ Committee for Production Policy (CDP). And according...Swiss approve Indonesia no cost trade dealSwiss voters on Sunday (Mar 7) narrowly backed a free of charge trade package signed with Indonesia, checking a great potential market with the world's...DP Universe and Canada’s CDPQ signal port and logistics park package in IndonesiaDP World, one of the world’s most important port operators, and Canada's Caisse de dépôt et positioning du Québec (CDPQ) signed a long-term agreement with...Deliveroo to provide US$69m of inventory to customers, establish US$22m fund for ridersDeliveroo said shares value £50 million (US$69 million) would be earmarked for customers found in its upcoming flotation, with the give branded "Great foodstuff with...Senate passes Biden's US$1.9 trillion COVID-19 Bill on party-line voteThe US Senate on Saturday (Mar 6) passed President Joe Biden's US$1.9 trillion COVID-19 relief plan in a party-line vote after an all-night session that...Businesses in Tokyo location say state of crisis extension was inevitableBusinesses found in the Tokyo metropolitan location said Friday's extension of the coronavirus point out of emergency declared above japan capital and close by prefectures...Ssangyong Showcases Modified SUV for CampingSsangyong unveiled its Tivoli Air 5-seater camper at a camping fair found in Gyeonggi Province on Thursday.Collaborating with leisure vehicle supplier Roadtrip Camping, Ssangyong provides...Lockdown Devastates Hospitality IndustryThe devastating impact of lockdown on the hospitality industry has been thrown into sharp relief by the most recent credit-card spending data.Card spending on restaurants...Hyundai, LG Consent to Split Expense of Kona RecallHyundai and LG Strength Solution on Thursday decided to split the price of replacing the Kona electric power SUV's batteries 30:70 after a good spate...Wine Imports Spike found in LockdownKorea imported record levels of wine this past year as more persons opted to drink at home amid the coronavirus epidemic.According to data by the...Innovations, Cost-management Will Raise Bangladesh Denim SectorAlthough the Bangladesh denim industry has all backward linkage industries such as for example weaving, dyeing, finishing and washing, practically 50 % of its denim...Asian shares advance despite Wall structure Street retreatStocks advanced found in Asia on Wednesday after a wobbly day on Wall structure Road when the S&P 500 gave back most of its gains...How Gulf countries may fully utilize the growing industry for hydrogenA staggeringly fast go up in strength stakeholders’ appetite for hydrogen - potentially the world’s ‘new oil’ - means blueprints in the Gulf countries are...Renault Samsung to Slice Night Shifts due to Losses MountRenault Samsung is minded to prevent night shifts from next week after recording its initial loss found in 11 years this past year and losing...Renault Samsung, Ssangyong Slapped with Massive FinesRenault Samsung and Ssangyong have already been fined around W40 billion each for violating environmentally friendly regulations (US$1=W1,123).That is particularly bad news as Ssangyong is...Japan job availability up, unemployment down in JanuaryJapan's job availability improved and the unemployment rate fell in January, government data demonstrated Tuesday, indicating the immediate impact of the country's second pandemic-related talk...This Silicon Valley fund wants pitches from the center EastWhat do Gigi Hadid, Rami Malek and Ahmed Zewail have as a common factor?Apart from coming to the top of their game - modeling, acting...Craft Beer Boosts Employment found in BreweriesJobs in breweries have increased since regulations in the market were eased in 2012, allowing craft beers to flourish.According to a written report simply by...SK to Invest W18 Trillion found in Hydrogen BusinessSK Group will invest W5 trillion into its hydrogen business more than another five years to be the world's greatest producer of the gas for...Milan Trend Week: Optimistic tendencies for next winterThe curtain fell Mon on another Milan fashion week -- or at least the screen went dark on this season's all-digital affair, in which designers...China Sprints Before Korea in R&DChina is racing ahead of Korea in exploration and production at an alarming pace. The number of Korean businesses in the world's top 2,500 companies...Apple opens all it has the US storesApple said on Mon all its 270 US stores have already been opened, the 1st time in almost a season after it had been forced...China, a Treasure House for Luxury Sportswear CollaborationsChina is getting up to a fresh trend of high end sportswear collaborations. This could be seen from the recent influx of collections for instance,...0.5% of Singapore's workforce are long-term visit complete holdersAbout 0.5 per cent of Singapore’s workforce, or 17,890 workers, are long-term visit move (LTVP) and long-term visit pass plus (LTVP+) holders as of December...Vivobarefoot aims to operate a vehicle change with a renewed concentrate on hero productsVivobarefoot is declaring “our most effective is not good enough” in a proactive approach to the rest of the footwear industry to review and enhance...Ioniq 5 EV Racks up Bumper Pre-OrdersHyundai's new Ioniq 5 electric hatchback is on the right track to become hit since it received 23,760 pre-orders on the first time they became...Public listings on Mena markets set to go up in 2021, EY saysMore companies in the centre East and North Africa are anticipated to go public on 2021 after the number of listings and money raised dropped...Women building inroads on Wall Street, but still quite a distance to goPin-up photographs and smutty jokes have long been commonplace in trading floors, however the finance world is definitely gradually checking to women -- underlined by...Rishi Sunak offers £1.65bn booster shot for UK vaccine get and 'third dose' trialBritain’s finance minister Rishi Sunak will deliver a £1.65 billion ($2.29bn) booster shot for the country’s vaccination programme with £22 million set aside to check...QR Code - The Kingpin Tech for Ethical FashionThe growing demand for sustainable fashion is giving rise to fresh digital and virtual experiences within the world of runway styles and clothing collections. London...How material innovation can change the fashion industryThe fashion industry knows the problems caused by one of the most commonly used fabrics and fibers - particularly those produced from animals. Groupings such...Bitcoin falls 5.84% to US$43,418Bitcoin dropped 5.84 % to US$43,418.02 on Sunday (Feb 28), sacrificing US$2,691.96 from its previous close.Bitcoin, the world's biggest and best-known cryptocurrency, possesses fallen 25.6...US authorises Johnson & Johnson's single-shot COVID-19 vaccineThe United States on Saturday (Feb 27) authorised Johnson & Johnson's COVID-19 vaccine for emergency use, giving the nation a third shot to fight the...I choose you! Pokemon turns 25Twenty-five years just after Pokemon first started delighting children and adults alike, the phenomenon continues to be capturing hearts, with smartphone craze Pokemon Go enjoying...YouTube economical influencers create a trading frenzy found in IndiaIn November, when India was in the middle of a pandemic lockdown, among the country’s top YouTube financial “influencers” was met with an unusually large...Foreign investors re-routing capital from Myanmar to Vietnam, CambodiaThose foreign investors which were positive until recently of a dazzling economic future of a democratic Myanmar have been taught better by the February 1,...BOK Freezes Interest Rate AgainThe Bank of Korea on Thursday froze interest levels at 0.5 percent again, the record-low level these were fixed at last May. It maintained its...Samsung Opens Webpage for Workers' GrievancesSamsung Electronics has opened an anonymous blog on its intranet where management can answer complaints.The move is section of the electronic giant's try to communicate...Gardeur Denim Womenswear FW 2021 CollectionFor the 2021 Autumn/Winter season gardeur underscores its denim competence. To the end, another Denim Lookbook will come to be launched. The focus is on...Vietnam’s smartphone exports reach a lot more than $51 billion in 2020Vietnam, a significant assembler of smartphones for global brands, has reached an export value of phones and parts of $51.18 billion last year, in line...Hyundai to Replace 26,000 EV BatteriesHyundai will replace the rechargeable batteries in every of its electric vehicles after a spate of fires, mainly relating to the Kona SUV.The replacements are...Flexible Labor Laws, Innovations Can Help India Regain Lost Position on Global Textile, Clothing MarketAs per Comtrade statistics, till 2017 India was first the world’s second largest exporter of textiles and apparel after China. However, since 2019, India’s rank...Road to Be Widened Just after Operate on Jackpot Lottery StoreAuthorities in Yongin south of Seoul intend to widen a street before a lottery retail store to relieve traffic congestion after it sold 19 winning...Seoul's Biggest Mall to Open up in YeouidoHyundai Department Retailer opens the capital's major mall on Fri in the economical district of Yeouido.The mall comes with an area of of 89,100 sq.m...