
Boeing's 747 prepares for final send-off
Jan 30, 2023 21:23 pm UTC| Life Economy Business
The last commercial Boeing 747 will be delivered to Atlas Air in the surviving freighter version on Tuesday, 53 years after it grabbed global attention as a Pan Am passenger jet. The 747 more than doubled plane capacity...

LG to showcase screen golf solution at PGA Show 2023
Jan 29, 2023 22:14 pm UTC| Sports Life Economy Business
LG Electronics Inc. will showcase customized indoor golf solutions, including its premium commercial-use laser projector, the ProBeam, for four days at the annual global golf industry meetup PGA Show 2023. The LG...

SK Telecom steps into AI coffee robot biz
Jan 29, 2023 22:08 pm UTC| Life Technology Economy Business
SK Telecom is launching an unmanned coffee robot service dubbed AI Barista Robot in collaboration with Doosan Robotics Co. The robot can make about 20 different types of coffee and drinks and offers coffee that...

LVMH’s sales defy downturn as shoppers splurge
Jan 28, 2023 22:54 pm UTC| Life Economy Business
Luxury goods group LVMHs sales jumped 9 percent to $24.65 billion in the fourth quarter as shoppers in Europe and the US splurged over the holiday season, partly offsetting COVID disruptions in China. Analysts were only...

Lotte Duty Free awarded 10-year Melbourne Airport rights
Jan 28, 2023 22:54 pm UTC| Life Economy Business
Lotte Duty-Free has inked a 10-year concession to operate duty-free shops at Melbourne Airport and will begin operating its 592 square-meter store on June 1. The project marks the South Korean travel retail giants...

Levi’s finishes 2022 with 5.7% revenue decline
Jan 27, 2023 22:50 pm UTC| Economy Business Life
Levis has ended a solid year with revenue declining 5.7 percent to US$151 million in the fourth quarter from US$151 million in the same period in 2021. The denim giant posted sales of $1.59 billion in the fourth...

Toyota to develop EV-only car platform to rival Tesla
Jan 26, 2023 23:59 pm UTC| Life Nature Economy Business
Toyota Motor Corp. will develop an EV-only platform to cut costs, and raise production efficiency and competitiveness to directly compete with industry leader Tesla. The strategy is a radical shift gear in how it...