Wood Mackenzie has unveiled its comprehensive AI strategy to help energy companies navigate the evolving energy system. Details of Synoptic, the company’s proprietary AI capability, are outlined in Connected, a new book by CEO Jason Liu and Chair and Chief Analyst Simon Flowers, talking about the increasingly interconnected and complex nature of energy, published today. The $117 [...]
BUSAN, Sept. 17 (Korea Bizwire) — Thirty years ago, Busan was a place better known for its shipyards and sun-splashed beaches than for cinema. The notion that South Korea’s second-largest city would one day play host to one of Asia’s premier film festivals seemed far-fetched, if not fanciful. But in 1996, a small band of cinephiles [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s reliance on U.S. pharmaceuticals deepened in 2024, with imports topping $1 billion for the first time, government data showed Tuesday. The trend, fueled by surging demand for cancer treatments and rare disease drugs, has stirred warnings about supply vulnerabilities at a time of heightened trade and tariff tensions [...]
SEOUL, Sept. 17 (Korea Bizwire) — Hanwha Ocean Co. said Wednesday it has clinched a 1.93 trillion-won (US$1.47 billion) order from Taiwan’s YangMing Marine Transport Corp. to build seven liquefied natural gas (LNG) dual-fuel container ships. The vessels, each with a capacity of 15,880 twenty-foot equivalent units (TEUs), will be built at Hanwha’s Okpo Shipyard [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Wednesday it has signed a supply deal with U.S. construction company Century Communities Inc. to provide its artificial intelligence (AI) home appliances to newly built houses. Under the agreement, LG Electronics will supply energy-efficient AI home appliances, including refrigerators, washing machines, [...]
VICTORIA, Seychelles, Sept. 17, 2025 (GLOBE NEWSWIRE) – Bitget, the world’s largest Universal Exchange (UEX), is proud to celebrate its 7th anniversary with the theme of #GearUpTo7, kickstarting a new era of integrated finance. Over the past seven years, strategic partnerships, community initiatives, and steady business growth have driven Bitget’s global expansion. Collaborations with legendary Messi, Juventus FC, MotoGP, LaLiga, [...]
SYDNEY, Sept. 16, 2025 (Korea Bizwire) – Staffbase today announced Employee AI, its foundation for the first truly AI-native employee experience platform. The announcement is part of the company’s drive to revolutionise employee experience and communication by unleashing the power of agentic AI. Staffbase is redefining the future of the intranet through the next generation of its [...]
TEL AVIV, Israel, Sept. 16, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced plans to present data from the completed phase 3 SOLARIS trial at the 2025 Psych Congress Annual Meeting, taking place from September 17 – 21, 2025, in San Diego, California. Teva will also host a conference [...]
CHICAGO, Sept. 16, 2025 (Korea Bizwire) – The Society of Actuaries (SOA), the world’s largest actuarial professional organization, announced today the planned retirement of Greg Heidrich, who has served as chief executive officer (CEO) since 2007. Heidrich is scheduled to retire by summer 2026. The SOA has engaged Heidrick & Struggles to lead an international [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s top electronics makers, Samsung Electronics and LG Electronics, are restructuring their television businesses amid mounting losses and intensifying competition from Chinese rivals. Samsung’s video display unit has expanded its voluntary retirement program to include more senior staff and halted the intake of new employees through internal transfers, [...]