Woori Bank elevates private banking services to bolster client trust
In a move aimed at bolstering its image as a trustworthy financial institution, Woori Bank, one of South Korea’s largest commercial lender, has announced a [more…]
Category: Business
Japanese corporation Itochu to rescue Bigmotor amidst fraud scandal
In a surprising turn of events, trading giant Itochu has stepped in to provide critical support to Bigmotor, a used car dealer reeling from the [more…]
ASML’s potential departure highlights Dutch immigration policy concerns
In a move to prevent semiconductor equipment maker ASML, the Netherlands’ largest company, from relocating or expanding abroad due to anti-immigration policies, the Dutch government [more…]
JetBlue and Spirit Airlines call off merger
In a twist of fate, JetBlue Airways and Spirit Airlines have officially pulled the plug on their much-anticipated merger. This decision comes hot on the [more…]
PayCargo expands into Asia with Hong Kong as its first stop
PayCargo, a Florida-based logistics payment platform operator backed by private equity firm Blackstone, is setting its sights on Hong Kong as its “first point of [more…]
Toyota announces $2.2 billion investment in Brazil, creating 2,000 jobs
Toyota, the renowned Japanese automaker, has announced a substantial $2.2 billion investment for the coming years in Brazil, as confirmed by the country’s vice-president. This [more…]
Zara prepares to return to Ukraine amidst lingering conflict with Russia
After an extended hiatus due to the conflict in Ukraine, retail giant Zara is gearing up to reopen many of its stores in the country. [more…]
Taiwan Semiconductor’s ambitious hiring spree to fuel innovation and growth
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is gearing up for a significant expansion with plans to recruit 6,000 new employees in [more…]
Germany’s Deutsche Bank gears up for legal battle against a Hong Kong property developer
In a move amidst China’s deepening property sector crisis, Deutsche Bank is reportedly preparing to launch a liquidation lawsuit against Shanghai-based developer Shimao Group in [more…]
Ford powers up EV owners with Tesla supercharger access in the U.S. and Canada
In a move that could send a bolt of electricity through the electric vehicle (EV) market, Ford Motor has announced a groundbreaking partnership with Tesla [more…]