Panera Brands Promotes Exec to CEO Post Amid IPO Plans
May 26, 2023 07:23 am UTC| Business Economy
Panera Brands Inc., an American bakery-cafe chain store, revealed it has promoted one of its high-ranking executives to become its new chief executive officer. The promotion comes as the company reportedly plans for an...
LG Electronics Starts EV Charger Production
May 25, 2023 23:37 pm UTC| Economy Business Technology
LG Electronics Inc. has begun mass-producing electric vehicle (EV) chargers at the LG Digital Park in Pyeongtaek to advance into the EV charging solutions business amid the global electrification trend. Last year, it...
Samsung To Invest ₩30 Billion in Advancing Smart Factories for SMEs
May 25, 2023 23:33 pm UTC| Technology Economy Business
Samsung Electronics Co. will invest 30 billion won over the next three years in its Smart Factory 3.0 project which would transform SMEs manufacturing facilities into smart factories usingartificial intelligence (AI) and...
Kakao To Switch To 100% Renewable Energy By 2040
May 25, 2023 23:26 pm UTC| Economy Business Nature
Kakao Corp. said it will join RE100, a global corporate to respond to climate change and other environmental issues, and transition to 100 percent renewable energy by 2040. The South Korean tech giant plans to gradually...
Amcor, Delterra, Mars, P&G Collaborate Against Plastic Pollution
May 25, 2023 23:23 pm UTC| Nature Economy Business
Amcor, Delterra, Mars, and PG have launched a strategic partnership to stem the tide of plastic pollution in the Global South. The companies are jointly committing $6 million over the next five years to scale upstream...
Aeon To Develop 20 More Shopping Centers in Vietnam
May 25, 2023 23:20 pm UTC| Life Economy Business
Japanese giant Aeon will open 20 more shopping centers in Vietnam, with a focus on supermarket business and entertainment. The plan was presented during a meeting between Japanese firms and Vietnam Prime Minister Pham...
Ford To Stop Competing in Over-Served Markets
May 25, 2023 23:17 pm UTC| Economy Business
Ford will stop competing in overserved market segments and instead will place big bets on connected vehicles and digital services. According to CEO Jim Farley, the days of Ford letting complexity overrun its business as...
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