
Renault, Google partner to develop special software for vehicles
Nov 09, 2022 08:25 am UTC| Business Economy
Renault Group has joined forces with Google to make special software for the development of its vehicles. The new agreement is actually an expansion of their previous cooperation, and this time, the tech firm headquartered...

Kohl’s CEO Michelle Gass is leaving to lead Levi’s as its new chief
Nov 09, 2022 08:00 am UTC| Business Economy
Kohls American department store giant announced on Tuesday, May 8, that its chief executive officer, Michelle Gass, is vacating her post. The company said she is leaving for a new opportunity amid the chains dropping...

Tesla is recalling 40,000 Model S and Model X, releases fix to address the problem
Nov 09, 2022 07:30 am UTC| Business Economy
Tesla Inc. has recalled a combined total of 40,000 units of its Model S and Model X electric vehicles. The possible loss of power steering assist has been cited for this latest recall. It was said that owners may...

Twitter reportedly asks terminated employees to return to the office
Nov 09, 2022 07:30 am UTC| Business Economy
Twitter Inc. terminated thousands of employees late last week, and now it was reported that the company wants some of them back. Following the takeover of Elon Musk, about 3.500 staff were said to have been terminated on...
Negative equity is looming for some home owners – but you only need to worry if you need to sell
Nov 09, 2022 03:41 am UTC| Economy Real Estate
It feels like a perfect storm is building. The rising cost of living and higher interest rates are putting household budgets under stress, and falling house prices could push some home owners into negative equity. On...

Luxury kimchi from hotels gains popularity in S. Korea despite high prices
Nov 08, 2022 23:43 pm UTC| Life Economy Business
Kimchi made by luxury hotels, such as Josun Hotels and Walkerhill Hotels, is gaining popularity despite its exorbitant prices. Josun Hotels Resorts, which sells 22 kinds of kimchi, enjoyed a 59 percent jump in kimchi...

Japanese fund secures ¥1 trillion to buy Toshiba
Nov 08, 2022 23:38 pm UTC| Investing Economy Business
Investment fund Japan Industrial Partners Inc. has secured about 1 trillion yen offered by a group of more than 10 Japanese companies, to acquire Toshiba Corp However, Japan Industrial Partners Inc. failed to meet...