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Lamborghini raises bar of SUVs in S. Korea with Urus Performante launch

Sep 25, 2022 22:24 pm UTC| Economy Business Life

Lamborghini aims to raise the bar to new heights for super SUVs in South Korea with the launch of its super SUV, the Urus Performante. The official sale price of Urus Performante starts at 300 million won , including...

Mitsubishi Outlander wins 2022 Australian Good Design Award

Sep 25, 2022 22:23 pm UTC| Economy Business Life

Mitsubishi Motors Corps all-new Outlander has won the 2022 Australian Good Design Award in the Product Design -- Automotive and Transport segment. This years winners were evaluated by a jury of over 70 international...

NBCUniversal promotes Chucky season 2 with pumpkin beer

Sep 25, 2022 22:23 pm UTC| Business Economy Life

Elysian Brewing and NBCUniversal have collaborated to launch a pumpkin beer with a wheat base dubbed Chucky: A Killer Wit Beer to celebrate the second season of Chuckys TV show. It includes cranberry juice for a 5.3...

McDonald’s tries to catch up with China market leader KFC by creating 'green experiences'

Sep 23, 2022 23:57 pm UTC| Life Economy Business Nature

McDonalds China will embed green experiences throughout the consumer journey to engage young, environmentally focused customers. The marketing strategy aims to provide consumers with green experiences to advocate the...

Japanese brewer Sapporo expands US operations with acquisition of Stone Brewing

Sep 23, 2022 23:57 pm UTC| Business Economy Life

Sapporo Breweries Ltd. gained a couple of bases to expand in the US following its $168 million acquisition of California-based craft beer producer Stone Brewing Co. Sapporos subsidiary, Sapporo U.S.A. Inc., bought Stone...

Shinsegae, Lotte bring rivalry to metaverse

Sep 23, 2022 23:57 pm UTC| Technology Economy Business Life

South Koreas retail giants, Shinsegae and Lotte have ignited their competition in the virtual world, which is emerging as new a future growth engine. The companies believe more people will spend more in virtual...

Forever 21 to re-enter Japanese apparel market

Sep 22, 2022 23:57 pm UTC| Life Economy Business

Forever 21 Inc will re-enter the Japanese market by selling its products online from February and opening stores after April. The Los Angeles-based fashion retailer filed for bankruptcy protection in September 2019...

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Economy

China, the US, and India are expected to bear the brunt of the damage, with costs of $10 trillion, $2.5 trillion, and $850 billion.

Rising levels of obesity are set to cost the world economy 3.3 percent of GDP by 2060, slowing development in lower-income countries, according to a study published in BMJ Global Health. The conditions currently cost...

The acquisition of DSME, the world’s fourth-largest shipbuilder, boosts Hanwha’s key defense and green energy sectors.

Hanwha Group signed a conditional memorandum of understanding to acquire a 49.3 percent stake and managerial control of Daewoo Shipbuilding Marine Engineering Co. (DSME) The acquisition of DSME, the worlds...

Mubadala’s offer for BP Bunge Bioenergia could be worth over $1.7 billion.

Mubadala made the best offer for ethanol joint venture BP Bunge Bioenergia while revoking its tender offer to buy a controlling stake in Brazils Zamp SA, owner of the Burger King Brazil. The Valor Economico newspaper...

McDonald's Japan was forced to raise prices due to rising costs and weakening yen.

McDonalds is raising its menu prices in Japan, and this may affect about 60% of the restaurants offerings. It was reported that the increase is unavoidable due to the rising input costs and the exchange rates that are...

GSK appoints Julie Brown as its new CFO, and she is set to step down from her role in Burberry.

GSK, a British pharmaceutical and biotech firm that was formerly known as Glaxo Smith Kline plc, announced that it had hired Julie Brown to be its new chief financial officer. The company said on Monday, Sept. 26, that the...

Politics

Harris and Kishida stressed the importance of peace and stability in the contested waterway that China claims sovereignty over.

United States Vice President Kamala Harris and Japanese Prime Minister Fumio Kishida condemned China for its continued provocations in the contested Taiwan Strait. This comes as Harris is currently visiting the Asian...

A spokesperson for British PM Liz Truss said the government must control immigration in a way that also works for the country.

The spokesperson for British Prime Minister Liz Truss said this week that the government must control immigration in a way that works for the country. The comments come amidst reported calls by the interior minister for...

The EPA has launched the Office of Environmental Justice and Civil Rights aimed at helping minorities disproportionately affected by water and air pollution.

The United States Environmental Protection Agency unveiled its office for environmental justice over the weekend. The new office would be focused on the needs of minorities that have been heavily affected by...

The Moldovan government is considering revoking citizenship for Moldovans who hold dual citizenship that are joining Russian forces.

Moldovas pro-West president said Monday that the citizenship of its nationals who decide to fight for Russia in its war with Ukraine may be revoked. The move is being considered as part of the countrys sanctions for...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

Report: Apple Pay Later feature could be delayed until spring 2023

Apple Pay users may have to wait longer than anticipated for the buy now, pay later feature. The new payment plan will be released as one of the new features in iOS 16, but a new report suggests the Apple Pay Later might...

A new MacBook Air with a larger 15-inch display is expected to be one of the new Apple devices to enter the market in 2023

Apple is expected to close this year with the announcement of new Mac devices next month. But reports on what products the tech giant plans to unveil in 2023 are already making the rounds online, and it might include an...

Google offers a closer look at Pixel Watch’s design ahead of October 6 event

There is only a little over a week left before Google launches a new slate of Pixel-branded devices, including the Pixel Watch. But thanks to a mix of early teasers and leaks, details about the smartwatchs design and...

Sony says a game’s 'premium release' should come first before it goes to a subscription service

Sony is adamant that subscription services like PlayStation Plus are not the best venue to launch new video games. A company executive said Sony prioritizes a new titles premium release but noted that PS Plus can serve an...
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