Doosan targets increased presence in global hydrogen market

Apr 21, 2021 11:26 am UTC| Business Economy

Doosan Group formed a task force to tap the global hydrogen market by reviewing the production, distribution, and utilization of hydrogen. The market research task force will operate under its holding company Doosan...

S. Korea's domestic flights carry 2.6 million passengers to surpass pre-pandemic level in March

Apr 21, 2021 11:02 am UTC| Business Economy

South Koreas domestic air traffic surpassed the pre-pandemic level last month with local airlines operating 17,166 domestic flights, carrying 2.6 million passengers, higher than pre-pandemic levels in March 2019, when they...

S. Korean homeowners are giving away their homes to relatives due to this reason

Apr 21, 2021 10:00 am UTC| Economy

Homeowners in South Korea who own multiple residential properties in one of Seouls most pricey districts are reportedly rushing to give away their extra homes to relatives or family members. This move was triggered by the...

Home Depot facing boycott over Georgia voting law

Apr 21, 2021 09:54 am UTC| Business Economy

Home Depot was placed in the spotlight after religious groups in Georgia have gathered and called on the people to boycott the company. On Tuesday, April 20, activists have spoken out against the home improvement retailer...

Procter & Gamble to issue price hike on products this September

Apr 21, 2021 09:51 am UTC| Business Economy

Procter Gamble is the latest major company to announce an upcoming price hike for its products. The company also said that this move was to offset higher commodity costs. PG moves to fight steeper commodity cost As...

Moderna mulling on setting up its branch in S. Korea

Apr 21, 2021 09:24 am UTC| Business Economy

Moderna is said to be mulling over creating its manufacturing partner in South Korea. This affiliate will be given the power to handle the production of its COVID-19 vaccines in the country, so there will be a local...

Boeing: Dubai Aerospace places an order of 15 737 MAX jets

Apr 21, 2021 07:04 am UTC| Business Economy

Boeing scored a new order of its 737 Max jets this week as the Dubai Aerospace Enterprise (DAE) was reported to have asked for 15 units from the America planemaker. The purchase was announced on Tuesday, April 20, and the...