MONACO, July 07, 2025 (Korea Bizwire) – After four intense days, the Yacht Club de Monaco concluded the 12th edition of the Monaco Energy Boat Challenge. Uniboat-University of Bologna Argonauts Team, supported by Sanlorenzo, was crowned overall champion, and for the fourth time, they won the Energy Class (2021,2022,2023 and 2025) . At the Challenge, [...]
Everett, Washington, July 07, 2025 (Korea Bizwire) – Fluke Corporation today announced the appointment of Parker Burke as President and Group President of Fortive’s Connected Reliability Group effective July 7, 2025. In this dual role, Parker will lead Fluke and Fluke Reliability in delivering technology and services that help customers around the world reduce downtime, increase safety, [...]
HWASUN, July 7 (Korea Bizwire) — In a quiet but groundbreaking shift in South Korea’s public health arsenal, scientists have achieved a global first: the successful development and approval of a recombinant protein-based anthrax vaccine. The move not only secures the country’s long-sought vaccine self-sufficiency but also positions it as a potential exporter of safer, [...]
SEOUL, July 7 (Korea Bizwire) — South Korea’s major conglomerates are scrambling to respond after the National Assembly passed sweeping amendments to the Commercial Act championed by President Lee Jae-myung’s administration. The reform, more aggressive than the version previously vetoed by former President Yoon Suk-yeol, introduces expanded shareholder rights and tighter oversight of corporate boards. At [...]
SEOUL, July 7 (Korea Bizwire) — Seoul is preparing to reintroduce trams to its streets for the first time in nearly six decades, as construction on the Wirye Line, the city’s first modern tram project, approaches completion. According to the Seoul Metropolitan Government, the Wirye tram line is scheduled to open in September 2026, with [...]
SEOUL, July 7 (Korea Bizwire) — Korean restaurants that adopt smart technologies such as delivery apps, kiosks, and table-order systems significantly outperform those that do not, according to a new study by the Korea Foodservice Industry Research Institute. The survey found that restaurant owners using smart tools reported an average monthly revenue of ₩30.86 million and [...]
SEOUL, July 7 (Korea Bizwire) — As digital users increasingly demand more dynamic and personalized online experiences, major platform companies are reshaping the traditional search engine model with artificial intelligence and tailored content delivery. Naver, South Korea’s leading portal, is currently running A/B tests on its mobile platform to provide customized search results based on user [...]
SEOUL, July 7 (Korea Bizwire) — Hyundai Motor and Kia have sold more than 200,000 small cars in Europe in just the first five months of 2025, a milestone that underscores the growing appeal of compact, fuel-efficient vehicles in one of the world’s most urbanized and eco-conscious markets. According to figures released Sunday by the [...]
SEOUL, July 7 (Korea Bizwire) — In the wake of a major cyberattack, SK Telecom has announced it will waive early termination fees for customers who switch mobile carriers—a move that has prompted fierce and controversial marketing tactics from its rivals. On July 4, SK Telecom said it would exempt termination penalties for customers who [...]
SEOUL, July 7 (Korea Bizwire) — Lotte Property & Development announced on Sunday the successful completion of the 2025 Lotte Aquathlon, a unique endurance race that drew more than 800 participants to Seoul’s iconic Songpa District for a combination of open-water swimming and vertical running. Now in its fourth year, the Lotte Aquathlon combines a 1.5-kilometer [...]