76% of South Korean adults drink over a cup of coffee per day: Survey

Nov 09, 2022 23:54 pm UTC| Health Economy Business

A survey by the YWCA Seoul revealed that 75.8 percent of South Korean adults drink over one cup of coffee per day. The survey of 500 adults between 20 and 59 years of age also revealed that they spent an average of...

‘Project CARS’: EA stops ‘further development and investment’ into the racing franchise

Nov 09, 2022 10:01 am UTC| Technology Business

EA will end the development of Project CARS titles and has decided to no longer invest in the franchise, the company confirmed on Tuesday. The publisher said it is working on moving employees of developer Slightly Mad...

Renault divides business into 5 units to increase profit

Nov 09, 2022 09:48 am UTC| Business Economy

Renault is splitting up its business into five units to grow its profit. This move is part of the Fench automakers overhaul plans. According to Reuters, the Renault Groups goal is to become a Next-Gen automotive firm...

Coupang debuts Rocket Growth Fashion to boost fashion biz

Nov 09, 2022 09:38 am UTC| Business Economy

Coupang Inc., a leading e-commerce company in South Korea, reportedly launched its new Rocket Growth Fashion unit. Sources said this week that the company debuted this in-house division as its rival, Kurly, which is...

Digital Currency Revolution

Metaverse: LG Uplus to build metaverse university campus in tie-up deal with Cheongju University

Nov 09, 2022 08:37 am UTC| Business Digital Currency Investing

LG Uplus, the South Korean mobile network operator, owned by LG Corporation, has teamed up with Cheongju University to build a metaverse campus. The company said that students would be able to take classes in the virtual...

Renault, Google partner to develop special software for vehicles

Nov 09, 2022 08:25 am UTC| Business Economy

Renault Group has joined forces with Google to make special software for the development of its vehicles. The new agreement is actually an expansion of their previous cooperation, and this time, the tech firm headquartered...

Kohl’s CEO Michelle Gass is leaving to lead Levi’s as its new chief

Nov 09, 2022 08:00 am UTC| Business Economy

Kohls American department store giant announced on Tuesday, May 8, that its chief executive officer, Michelle Gass, is vacating her post. The company said she is leaving for a new opportunity amid the chains dropping...