
Asiana cuts Q1 net losses on robust cargo demand
May 17, 2021 23:58 pm UTC| Economy Business
Asiana Airlines Inc.s net losses narrowed to 230.4 billion won in the first quarter from 549 billion won a year earlier as increased cargo sales helped offset a slump in passenger travel. The operating loss of South...

Nestlé-owned firm unveils plant-based jerky products
May 17, 2021 23:56 pm UTC| Economy Business
Nestlé-owned Sweet Earth Foods has launched a plant-based jerky snack as its first shelf-stable product. The new offering, which contains 13g of plant protein per serving, is said to provide the same meaty taste...

S. Korea's ICT exports soar 32.6% in April
May 17, 2021 11:02 am UTC| Economy Business
South Koreas exports of information and communication technology (ICT) products were estimated at US$17.06 billion in April, rising 32.6 percent from a year earlier. It was the sharpest rise since April 2010 and marked...

Starbucks Korea's success with collectible giveaways prompts others to follow suit
May 17, 2021 10:16 am UTC| Economy Business
The popularity of Starbucks Koreas collectible merchandise giveaways has prompted other local firms to follow suit, including Lotte Confectionery, local coffeehouse chain A Twosome Place, Dunkin, McDonalds Korea, and...

SpaceX facing $20M lawsuit over fatal car accident in Texas
May 17, 2021 09:51 am UTC| Business Economy
SpaceX was reportedly sued by a family in Texas, claiming that the aerospace company founded by Elon Musk has a role in the death of a family member. They have filed for a $20 million suit, the amount which the plaintiffs...

Google facing anti-trust probe in S. Korea over Android Auto
May 17, 2021 08:53 am UTC| Business Economy
Google is said to be facing an investigation by antitrust regulators in South Korea. The probe was sparked by allegations that the American tech company is not allowing some applications obtained from other app stores to...

AT&T, Discovery to merge media content assets in a new deal
May 17, 2021 07:56 am UTC| Business Economy
ATT is reportedly in discussion with Discovery Inc. for a possible merging of their media content assets. The proposed deal, if sealed, is predicted to create an entertainment company that can compete with the streaming...