Philip Morris International Eyes Heated Tobacco Market Expansion in the US
Apr 29, 2024 07:46 am UTC| Business
Philip Morris International (PMI), the worlds largest tobacco company by market value, is set to introduce its premier heated tobacco device, IQOS, to the U.S. market in the second quarter. This move is part of PMIs...
Court Documents Unveil $1 Billion Annual Revenue of Shell's Oil Trading Business in US
Apr 29, 2024 06:59 am UTC| Business
In a revealing turn of events, court documents from a lawsuit have shed light on the exorbitant earnings of Shells U.S. crude trading business, marked by annual revenues hovering around the $1 billion mark. This insight...
Tous Les Jours Expands Global Franchise Business, Opening Five Stores in Cambodia
Apr 29, 2024 06:45 am UTC| Business
Tous Les Jours, a South Korean bakery franchise company owned by CJ Foodville, is opening five new stores in Cambodia as part of its global expansion. It was reported that CJ Foodville and the Express Food Group (EFG)...
McDonald's Korea Launches 'Mom's Bed' Campaign Highlighting Caregiver Hardships
Apr 29, 2024 06:06 am UTC| Business
In partnership with Leo Burnett Korea, McDonalds Korea has embarked on a compelling campaign named Moms Bed, drawing attention to the arduous circumstances endured by mothers and caregivers while tending to their...
KT Innovates Media, Content Business Through AI
Apr 29, 2024 05:09 am UTC| Business Technology
KT Group is transforming its media and content business through artificial intelligence (AI). The company is innovating the mentioned units as part of its acceleration strategy. According to Yonhap News Agency, KT said...
Musk Engages China: Baidu’s Data Deal and High-Stakes Hotel Meet with CATL
Apr 29, 2024 05:06 am UTC| Technology Business
Tesla CEO Elon Musk is making headlines with a double play in China: securing critical navigation data from Baidu and engaging in strategic talks with CATL. These moves underline Teslas push to lead in global tech and...
Deutsche Bank Considers Settlement in Postbank Takeover Litigation
Apr 29, 2024 04:53 am UTC| Business
Deutsche Bank, Germanys leading financial institution, has announced its intention to carefully assess settlement options in an ongoing legal battle concerning its acquisition of Postbank. The bank revealed through an...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects