
Hyundai Oilbank, Air Products to collaborate on hydrogen tech, biz
Apr 06, 2021 23:50 pm UTC| Business Economy
South Korean refiner Hyundai Oilbank Co and Air Products Chemicals Ltd., the worlds leading hydrogen supplier, have signed a memorandum of understanding to develop hydrogen technology and business models. Hyundai...

Poland pursuing more investments from S. Korea
Apr 06, 2021 23:43 pm UTC| Economy Business
Polish minister of finance Tadeusz Koscinski is encouraging South Korean firms to explore business opportunities in Polands transportation and energy sectors. According to Koscinski, he is more than happy with the...

SK Hynix negotiating automotive DRAM supply deal with Bosch
Apr 06, 2021 23:40 pm UTC| Business Economy
South Koreas SK Hynix Inc. is finalizing negotiations to supply its automotive DRAM chips to German multinational tech giant Robert Bosch GmbH. The South Korean chipmaker is pursuing a 10-year supply deal. The potential...

Japan’s Daiei to open unmanned supermarket in Tokyo
Apr 06, 2021 23:35 pm UTC| Business Economy
Japanese supermarket chain Daiei will open an unmanned store in Tokyo in collaboration with Chinese startup Cloudpick. Daiei, an affiliate of Japanese retailer Aeon, will first open in Tokyos Koto area before possibly...

Kraft Heinz struggles to meet demand for single-serve ketchup
Apr 06, 2021 23:33 pm UTC| Business Economy
Kraft Heinz will boost the ketchup production in single-serve packets by 25 percent to meet the increased demand brought about by the popularity of takeout orders during the pandemic. Kraft Heinz will open two new lines...

LG Electronics to focus on mobility after giving up its smartphone business
Apr 06, 2021 10:21 am UTC| Business Economy
LG Electronics confirmed on Monday, April 5, that it has given up on its smartphone business. The company made the decision to close its phone manufacturing division after suffering from years of losses. LG shuts down...

McDonald's adds new treat in its McFlurry dessert lineup
Apr 06, 2021 09:40 am UTC| Business
McDonalds announced that it is adding a new flavor to its McFlurry dessert lineup. The fast-food chain giant stated that the new sweet treat would be available starting this May 3. As per CNN Business, McDonalds added...