Jan 20, 2021 06:11 am UTC| Business Economy
Goldman Sachs Group surprised the Wall Street analysts after their prediction for its stock trading was overshadowed by the actual figures for the companys fourth-quarter profit. The American multinational investment bank...
Ford ordered to recall 3 million vehicles in US over deadly Takata airbags
Jan 20, 2021 05:31 am UTC| Economy Business
The National Highway Traffic Safety Administration (NHTSA) has rejected Ford Motor Cos petition against recalling 3 million vehicles with potentially defective Takata airbags. The auto safety agencys decision also will...
Tesla to route investment in India via Netherlands
Jan 19, 2021 23:09 pm UTC| Economy Business
US automaker Tesla has decided to route its investment in India via the Netherlands to avail of a treaty between the two countries that lower capital gains tax. The India-Netherlands treaty stands out because of capital...
Hyundai, Kia capture 7% market share in Europe
Jan 19, 2021 18:49 pm UTC| Business Economy
Hyundai Motor Co. and affiliate Kia Corp. posted a combined market share of a record 7 percent in Europe last year, rising from 6.7 percent in Europe in 2019. However, in line with European market trends, their sales in...
S. Korea's data industry enjoys 14% on-year growth
Jan 19, 2021 10:35 am UTC| Business Economy
A survey revealed that South Koreas data industry grew by 14.3 percent to 19.3 trillion won in 2020 from $17.4 billion in 2019. The survey was conducted by the Ministry of Science and ICT and the Korea Data Agency on...
S. Korean exports to Japan plunge 11.7% to $25 billion in 2020
Jan 19, 2021 07:29 am UTC| Economy
South Korean exports to Japan shrank 11.7 percent to $25.09 billion in 2020 from 2019 due to a pandemic-triggered plunge in petrochemical and steel products shipments, falling export prices, and low oil costs. Japan,...
Debate: A geopolitical reading of fear
Jan 19, 2021 02:59 am UTC| Insights & Views Economy
In his 2009 book The Geopolitics of Emotion, Dominique Mosi divided the world into three emotional regions: the territory of hope (emergent countries), the territory of humiliation (the world of Islam), and the territory...
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