DUBAI, United Arab Emirates, Oct. 28, 2024 (Korea Bizwire) – Dubai Billionaire and founder of PFOAA Anosh Ahmed and its foundation announces today that it is donating ten millions of pounds of essential food to Lebanon. “In times of hardship and recovery, no one should face hunger alone. As Lebanon heals from the recent conflict, [...]
SEOUL, Oct. 28 (Korea Bizwire) – Part-time employment among young workers has doubled over the past decade, leading to an unprecedented rise in non-regular employment among South Korea’s youngest workforce. According to data released by Statistics Korea on October 27, as of August, there were approximately 1.46 million workers in their 20s heolding non-regular positions, representing [...]
SEOUL, Oct. 28 (Korea Bizwire) – Police said Monday they are intensively cracking down on the sale and wearing of police officer costumes during the Halloween celebrations. The police have been strengthening online monitoring to prevent the indiscriminate distribution and use of fake police uniforms and equipment since last Friday, the Korean National Police Agency [...]
SEOUL, Oct. 28 (Korea Bizwire) –The government and private sector will invest a combined 3.7 trillion won (US$2.6 billion) in 26 projects within the manufacturing industry to apply artificial intelligence (AI) technologies aimed at improving productivity, the industry ministry said Monday. Nine of the projects will be allocated to conglomerates, with small and medium-sized enterprises [...]
SEOUL, Oct. 28 (Korea Bizwire) – South Korea’s defense authorities approved on Monday a plan to build K2 battle tanks with a homegrown transmission system, the state arms procurement agency said. Under the plan endorsed by the Defense Project Promotion Committee, K2 tanks will be equipped with a locally developed power pack, which comprises the [...]
SEOUL, Oct. 28 (Korea Bizwire) –The national human rights watchdog determined Monday that denying rental spaces for a festival for sexual minorities on the grounds of potential conflicts with opposition groups constitutes a discriminatory act. The National Human Rights Commission (NHRC) issued the decision against the Seoul Museum of History and the Seoul city [...]
SEOUL, Oct. 28 (Korea Bizwire) – South Korea has emerged as the world leader in growth rate of three-dimensional (3D) printing construction technology patent applications over the past five years, according to recent data. The Korean Intellectual Property Office reported on October 27 that an analysis of global patents filed with the IP5 (the five largest [...]
October 28, 2024 Third-quarter highlights Group sales amounted to EUR 4.4 billion, with flat comparable sales growth Income from operations was EUR 337 million Adjusted EBITA margin increased by 160 basis points from 10.2% to 11.8% of sales Operating cashflow of EUR 192 million, with a free cashflow of EUR 22 million Comparable order intake [...]
BUSAN, Oct. 27 (Korea Bizwire) – A crucial wetland habitat known as “Swan Lake and Sky Pond” in Busan has been selected for the 22nd “Let’s Protect This Place!” citizens’ campaign award by the Korea National Trust, just as it faces destruction from a controversial bridge project. The site, located in the Nakdong River estuary, represents [...]
SEOUL, Oct. 27 (Korea Bizwire) – A controversial American YouTuber who goes by the name Johnny Somali, known for his provocative behavior including disruptive acts at convenience stores and inappropriate interactions with comfort women statues, was assaulted during a livestream in Seoul. According to footage shared on online communities on October 27, Somali, whose real name [...]