
Mazda recalling 261,000 cars over emblems that may shatter upon airbag inflation
Jul 09, 2021 23:39 pm UTC| Economy Business
Mazda is recalling nearly 261,000 Mazda 3 cars from the 2004 through 2007 model years due to a plastic emblem on the steering wheel that may shatter if the airbags are inflated. US safety regulators warned that the...

IBM Korea announces the appointment of Won Sung Shik as new chief
Jul 09, 2021 10:05 am UTC| Business Economy
IBM Korea made an announcement on Thursday, July 8, and it was related to a major shake-up in its line of company executives. It was revealed that it has appointed a new country general manager, and the firm chose Won Sung...

National Geographic, Kodak turn into leading fashion brands in S. Korea
Jul 09, 2021 09:39 am UTC| Business Economy
National Geographic and Kodak are popular brands around the world, and each is known to operate in different fields. The former is a popular magazine that features science and explorations, while the latter is a name...

Beyond Meat unveils new vegan chicken tenders in the US
Jul 09, 2021 09:00 am UTC| Business Economy
Beyond Meat launched a new meatless product, and it is the chicken option for its range of plant-based meat products. On Thursday, July 8, the company announced it has released its meat-free chicken tenders in the United...

Hyundai halting its plant operations in S. Korea to prepare for EV production
Jul 09, 2021 08:47 am UTC| Business Economy
Hyundai Motor Co. revealed on Friday, July 9, that it had ceased operations in seven of its plants in South Korea. The automaker announced that it would be suspending the production of electric vehicles in these factories...

Posco Chemical investing over $500 million for new cathode plant in Pohang
Jul 09, 2021 08:01 am UTC| Business Economy
Posco Chemical is looking to build a new cathode factory that will rise in Pohang, North Gyeongsang province. Once completed, the plant is expected to produce 60,000 metric tons of cathode per year. As per The Korea...

Hyundai Motor: Union threatening to go on strike as pay negotiations failed
Jul 09, 2021 06:50 am UTC| Business Economy
Hyundai Motor may experience its very first company strike in three years as its negotiation with union workers has failed. The employees are asking for better pay as well as an extension for the retirement age, but the...