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Colliers Adds Leading Australian Engineering Firm

Acquisition expands infrastructure capabilities across Australia TORONTO and SYDNEY, Oct. 8 (Korea Bizwire) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that Colliers Engineering & Design Australia (“Colliers Engineering”) has acquired TTM Group Pty Limited (“TTM”), a leading transportation engineering consultancy headquartered in Brisbane, Queensland. The addition will [...]

Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer

ROCHESTER, N.Y., Oct. 8 (Korea Bizwire) – Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced the appointment of E. Yuri Hermida as the company’s new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy [...]

Verisk Estimates Industry Insured Losses in U.S. for Hurricane Helene Will Range Between USD 6 Billion to USD 11 Billion

BOSTON, Oct. 8 (Korea Bizwire) — The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind, storm surge and hurricane precipitation induced flood in the U.S. for Hurricane Helene will range between USD 6 billion to USD 11 billion. Please note [...]

Stark Income Inequality Among South Korea’s Professional Classes

SEJONG, Oct. 8 (Korea Bizwire) – A recent analysis of tax data has revealed significant income disparities within South Korea’s professional sectors, with lawyers and accountants showing particularly pronounced inequality. According to a report released on October 7 by Park Sung-hoon, a lawmaker from the People Power Party, the top 10% of earners in these professions accounted [...]

Warming Waters Push South Korean Fishing Fleet to the Brink

BUSAN, Oct. 8 (Korea Bizwire) – Rising sea temperatures and deteriorating fishing conditions are driving a wave of closures among South Korea’s offshore fishing vessels, with more than half of the fleet considering decommissioning. The National Federation of Fisheries Cooperatives for Large Trawlers announced on October 7 that 74 out of 136 vessels in its fleet have [...]

Rights Watchdog Rules in Favor of Mobile Phone Ban in Schools

SEOUL, Oct. 8 (Korea Bizwire) — The state human rights watchdog has ruled in favor of a high school’s ban on the use of mobile phones by its students on campus, reversing its previous position that such a ban violates their human rights. The National Human Rights Commission of Korea (NHRCK) made the controversial decision [...]

Buddhist Temple Stay Matchmaking Event for 40-Somethings Yields Four New Couples

SEOUL, Oct. 8 (Korea Bizwire) – A Buddhist temple stay program aimed at single adults in their 40s has resulted in four new couples, marking a successful debut for this age-specific iteration of what has become a popular matchmaking initiative. The event, held on October 5 and 6 at Hwagye Temple in Seoul’s Gangbuk district, attracted significant [...]

Babymonster to Release 1st Studio Album Next Month

SEOUL, Oct. 8 (Korea Bizwire) — K-pop rookie Babymonster will roll out its first full-length album on Nov. 1, the group’s agency said Tuesday. The album, titled “Drip,” will consist of nine songs, including the title song of the same name, hip-hop track “Click Clak” and “Love, Maybe,” which features beautiful vocals accompanied by a [...]

Hyundai, Toyota to Co-host Motorsport Festival in S. Korea This Month

SEOUL, Oct. 8 (Korea Bizwire) — Hyundai Motor Co. said Tuesday it will host a unique motorsport event in partnership with Toyota Motor Co. later this month in South Korea featuring high-performance models and racing vehicles from both companies. The Hyundai N x Toyota Gazoo Racing Festival will be held at Everland Speedway in Yongin, [...]

Minus Son, S. Korea Trying to Avenge Asian Cup Loss to Jordan in World Cup Qualifier

SEOUL, Oct. 8 (Korea Bizwire) — South Korea will try to avenge a crushing loss to Jordan in their World Cup qualifying match this week without their captain Son Heung-min. South Korea, world No. 23, will take on 68th-ranked Jordan in a Group B match in the third round of the Asian World Cup qualification [...]