
Lotte Confectionery inks deal with Canada's Aspire Food for edible insect business collaboration
Sep 07, 2022 08:41 am UTC| Business Economy
Lotte Confectionery has signed a partnership deal with Aspire Food Group to work together on the development of protein alternatives and edible insect products. This is also a strategic collaboration as the South Korean...

SK hynix to build a new M15X Fab chip plant in Cheongju
Sep 07, 2022 08:29 am UTC| Business Economy
SK hynix is set to start the construction of its newest chip production plant in Cheongju, Chungcheongbuk-do. The company is building the M15X extension in the said region to prepare for its future growth, and this was...

Ex-Georgia PM blames Credit Suisse unit in Singapore case for $1.27 billion losses
Sep 06, 2022 23:14 pm UTC| Law Economy Business Investing
Ex-Georgia prime minister Bidzina Ivanishvili blamed Credit Suisse Trust Ltd in Singapore for failing to take steps to prevent him from losing $1.27 billion. His losses were traced back to Patrice Lescaudron, a former...

Volkswagen to float Porsche for IPO
Sep 06, 2022 23:03 pm UTC| Business Economy
Volkswagen published an intention to float the sports car brand Porsche for an initial public offering, which could become one of the worlds largest listings amid record inflation. The IPO is eyed for late September or...

Amazon mulls entrance to Japanese prescription drug market
Sep 06, 2022 10:04 am UTC| Business Economy
Amazon is reportedly mulling on expanding its business in Japan and entering the prescription drug market there. The e-commerce and tech firm is said to be planning to team up with small to mid-sized pharmacies for the...

Instagram fined by Ireland’s data privacy regulator over children's data
Sep 06, 2022 09:38 am UTC| Business Economy
Instagram was slapped with a 405 million or $402 million fine over childrens data privacy violations. The data privacy regulator in Ireland agreed to impose a record fine against the social media platform after an...

Cryptocurrency: Netflix reportedly bars crypto ads on its ad-based streaming subscription
Sep 06, 2022 09:26 am UTC| Business Economy
Netflix previously announced it would be launching a new subscription option so users can enjoy the service at cheaper rates. However, this is an ad-supported tier, so subscribers who will opt for this can expect...