
S. Korea's imports of recreational water leisure Items up 74%
Sep 04, 2022 23:24 pm UTC| Life Sports Economy Business
South Koreas imports of recreational water leisure items increased 73.8 percent year on year to $59 million during the January to July period. This figure was the highest since the coronavirus started spreading in...

Volvo shutting its plant in China due to new COVID-19 restrictions
Sep 03, 2022 04:17 am UTC| Business Economy
Volvo Cars announced the temporary closure of its production plant in Chengdu, China as the region is in lockdown again. The officials have implemented new strict protocols to control the spread of the coronavirus...

Nvidia, AMD ordered to halt the sale of AI chips to China
Sep 02, 2022 09:47 am UTC| Business Economy
Nvidia software company and Advanced Micro Devices Semiconductor (AMD) company are two of the leading chipmakers in the United States. It was reported that they had been recently ordered by officials to stop the sale of...

PepsiCo’s Gatorade to roll out its new caffeinated sports energy drink
Sep 02, 2022 09:43 am UTC| Business Economy
PepsiCos Gatorade is set to launch its newest drink for athletes under the Fast Twitch brand. The new sports beverage is a caffeinated energy drink that will be officially released nationally after its initial debut in the...

Ford recalls nearly 200,000 vehicles over fire risks
Sep 02, 2022 08:09 am UTC| Business Economy
Ford Motor Company announced a new recall for some of its vehicle models. This time, the affected units are its sports utility vehicles - Ford Expeditions and Lincoln Navigators. As per NBC News, Ford Motor is recalling...

Bed Bath & Beyond shutting 150 stores, to layoff employees
Sep 02, 2022 07:26 am UTC| Business Economy
Bed Bath Beyond Inc. announced it would close 150 stores and cut jobs as a measure to save the company. The American merchandise retail store chain brand is also getting $500 million in financing to overhaul its...

John Lewis hiring 10,000 temporary staff for Christmas, offers free meals and bonus
Sep 01, 2022 10:49 am UTC| Business Economy
John Lewis, the London-based department store company, announced this week that it would begin hiring new employees for the coming holiday season. It is aiming to add around 10,000 temporary staff as it expects a surge of...