The Politics of Wearing a Mask During a Global Pandemic
Dec 04, 2020 01:43 am UTC| Business
Masks have been a hot topic of contention and controversy during the global pandemic. Since the coronavirus crisis first popped onto the medias radar, towards the latter end of 2019, headlines have been accompanied by...

Samsung leads global smartphone production in Q3
Dec 04, 2020 00:41 am UTC| Business
Samsung Electronics Co. led the global smartphone industry in production with 78 million units in the third quarter, up 42 percent from the previous quarter and accounting for 23.2 percent of the total share. The demand...

Singapore approves sale of lab-grown chicken
Dec 03, 2020 22:47 pm UTC| Business
Singapore granted regulatory approval to San Francisco start-up Eat Just Inc. to sell its laboratory-grown chicken there, thereby becoming the first country to allow the sale of cultured meat. Created from cultured...

Korean Air vows no layoffs in Asiana takeover
Dec 03, 2020 21:56 pm UTC| Business
Korean Airs president, Woo Kee-hong, vowed there would be no layoffs as a result of its takeover of Asiana Airlines as it had no plans to reduce supply. The two South Korean national flag carriers collectively has...

Hyundai unveils platform for producing 23 electric car models by 2025
Dec 03, 2020 21:23 pm UTC| Business
Hyundai Motor unveiled its Electric-Global Modular Platform, or E-GMP, which will serve as the core technology in building 23 battery-electric models (BEVs) and selling over 1 million units worldwide by 2025. The E-GMP...

Doosan, KOEN to collaborate on offshore wind farm projects
Dec 03, 2020 19:01 pm UTC| Business
Doosan Heavy Industries Construction (DHIC) and Korea South-East Power Company (KOEN) will collaborate on 2GW offshore wind farm projects in Gyeongin and Jeju island and on floating offshore wind power systems and...

LG Energy Solution eyes 30 trillion won revenue by 2024
Dec 03, 2020 18:21 pm UTC| Business
LG Energy Solution has been launched as an independent, wholly-owned unit of LG Chem, with a mission to almost quadruple its revenue to 30 trillion won by 2024 from last years 8.2 trillion won. The worlds leading...