Hyundai Mipo wins 80.2 billion won chemicals carrier deal from Europe
Jan 25, 2021 21:09 pm UTC| Economy Business
Hyundai Mipo Dockyard Co. has won an 80.2 billion won order to build two petrochemical carriers for a European company to be delivered by March next year. The mid-sized shipyard is one of three shipbuilders, including...
EU consumes more electricity from renewable sources than fossil fuel for first time in 2020
Jan 25, 2021 14:25 pm UTC| Economy Business
Europeans got 38 percent of their electricity from renewable sources last year, surpassing fossil fuels, which accounted for 37 percent, for the first time. According to an annual report from Ember and Agora...
Huawei's selling of P and Mate brands signals exit from high-end smartphone-manufacturing
Jan 25, 2021 14:14 pm UTC| Economy Business
Huawei Technologies is in talks to sell its premium smartphone brands P and Mate to a group led by Shanghai government-backed investment firms, which could signal the start of the companys exit from high-end...
Taiwan's TSMC vows to prioritize auto chip production amid global shortage
Jan 25, 2021 13:50 pm UTC| Economy Business
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) vowed to increase auto chip production capacity and make the process more efficient, amid a global shortage that has hampered car production. According to TSMC, its...
South Korea: Beauty store outlets gravely suffers amid the COVID-19 pandemic
Jan 25, 2021 10:40 am UTC| Business Economy
South Korea is a well-known region for cosmetics, and in fact, it can be considered as the center for beauty products. The countrys K-beauty industry blossomed, and franchises from the leading local cosmetic companies have...
South Korea: Lotte and Shilla are closing duty-free stores at Incheon Airport
Jan 25, 2021 10:00 am UTC| Business Economy
Lotte and Shilla are two of South Koreas leading major duty-free operators. Both have opened outlets inside the Incheon Airport Terminal 1, but they will be vacating the area next month, according to the reports. The...
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