Aug 23, 2021 11:59 am UTC| Economy
The European Union is pressing ahead with carbon border levies charges on carbon-intensive goods from countries such as Australia that havent taken strong action to reduce emissions. The EU will impose such measures on a...

Namyang Dairy chairman Hong Won Sik reportedly retracts pledge to resign and holds on to his post
Aug 23, 2021 09:24 am UTC| Business Economy
Namyang Dairys chairman Hong Won Sik previously made a pledge to resign following the scandal involving its Bulgaris yogurt products where the company falsely claimed it could help prevent COVID-19. He made the promise to...

PayPal adding cryptocurrency to its service offerings in the UK
Aug 23, 2021 09:12 am UTC| Business Economy
PayPal is reportedly set to open its own cryptocurrency service in the United Kingdom. The American company operating an online payments system announced on Monday, Aug. 23, that it will allow its users in the region to...

Aug 23, 2021 07:00 am UTC| Business Economy
Facebook is under scrutiny again after the U.S. Federal Trade Commission filed a new antitrust complaint against it. The move is said to be a fresh attempt for Mark Zuckerbergs social media form to sell its other assets -...

GM announces new recall for additional 73,000 Bolt EVs due to fire risks
Aug 23, 2021 05:57 am UTC| Business Economy
GM has expanded its Chevy Bolt electric vehicles recall by announcing the need to fix additional 73,000 units of the said EV model. The new recall affects those that were fitted with LG brand batteries that may cause a...

PepsiCo challenging Coke Zero Sugar fans to shift to its Pepsi Zero Sugar
Aug 22, 2021 13:23 pm UTC| Life Economy
Pepsi challenged Coca-Colas fans to try Pepsis sugar-free soda and even offered to reimburse the cost of a 20-ounce Pepsi Zero Sugar for curious consumers. In a press release, Pepsi said it is welcoming former Coke Zero...

Coca-Cola still the world's top soft drink brand despite decline in brand value to $33.2 billion
Aug 22, 2021 05:58 am UTC| Economy Business
Coca-Colas brand value declined to $33.2 billion but retained its title as the worlds most valuable and strongest soft drink brand, with second place Pepsi posting a much lower brand value of $18.4 billion. The third to...