LG Electronics announces decision to close its mobile business
Apr 05, 2021 09:55 am UTC| Business Economy
LG Electronics said earlier this year that it has plans to stop producing and selling smartphones. At that time, the company stated it is considering all options for its mobile business because it is not making money...
Hybe acquires Ithaca Holdings; BTS, Justin Bieber, and Ariana Grande together under one roof
Apr 05, 2021 05:43 am UTC| Business Economy
Hybe is a South Korean entertainment label that was formerly known as Big Hit Entertainment, the home of the world-famous BTS boy band. It is expanding and slowly making its way to be a global company by acquiring the...
A better deal for Uber drivers in UK, but Australia's ‘gig workers' must wait
Apr 04, 2021 10:37 am UTC| Economy
Ubers announcement earlier this month it will now treat its drivers in the United Kingdom as workers rather than independent contractors is a significant development for the so-called gig economy. It follows Uber losing...
Britain's betting on buses – but how far will boosting services reduce carbon emissions?
Apr 04, 2021 10:00 am UTC| Economy
A move to make buses the transport of choice, reducing the number of car journeys and improving quality of life for millions has been launched as part of a national bus strategy in the UK. It seeks to make bus services...
Apr 04, 2021 09:53 am UTC| Economy
The six-day blockage of the Suez Canal by a megaship named Ever Given came to an end on March 29 after salvage teams used dredging and tug boats to heave the vessel back into operation. The capacity of a single vessel...
Swaps, options and other derivatives aren't just for the financial elite
Apr 04, 2021 09:36 am UTC| Economy Investing
One of the biggest trends in economics over the past 40 years has been so-called financialisation whereby an increasing proportion of GDP in advanced economies comes from the financial sector. This has involved the...
S. Korean carmakers boost sales by 12% in March
Apr 01, 2021 23:58 pm UTC| Economy
South Koreas five carmakers sold 672,643 vehicles in March, up 12 percent from 601,082 units a year ago, helped by robust overseas demand for SUVs. Overseas sales of Hyundai Motor Co., Kia Corp., GM Korea Co., Renault...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects