Korea Bizwire, Author at Be Korea-savvy | Page 2 of 50
Unionized Seoul Bus Drivers to Resume ‘Work-To-Rule’ Protest After Long Weekend

Unionized Seoul Bus Drivers to Resume ‘Work-To-Rule’ Protest After Long Weekend

SEOUL, May 6 (Korea Bizwire) — Unionized bus drivers in Seoul will resume their “work-to-rule” protest this week following a long holiday weekend, city officials said Tuesday. In a press release, the Seoul Metropolitan Government said the union will launch its collective action early Wednesday and the city will take “special steps” to minimize inconveniences [...]

Ingredion Incorporated Reports Strong First Quarter Results and Improves Full-Year Outlook

Ingredion Incorporated Reports Strong First Quarter Results and Improves Full-Year Outlook

Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. (image courtesy of Ingredion Incorporated) First quarter 2025 reported and adjusted* operating income increased 30% and 26% compared to prior year First quarter 2025 reported and adjusted EPS were $3.00 and $2.97, [...]

SK Telecom Suspends New Subscriber Sign-Ups Amid Data Breach Response

SK Telecom Suspends New Subscriber Sign-Ups Amid Data Breach Response

SEOUL, May 5 (Korea Bizwire) — SK Telecom Co., South Korea’s leading wireless services provider, suspended new subscriber sign-ups nationwide Monday as part of its response to a recent data breach involving the company’s network. The suspension came as the company focused on replacing universal subscriber identity module (USIM) chips for mobile phones after detecting [...]

Teva and Alvotech Announce FDA Approval of Interchangeability for SELARSDI™ (ustekinumab-aekn) with Stelara® (ustekinumab)

Teva and Alvotech Announce FDA Approval of Interchangeability for SELARSDI™ (ustekinumab-aekn) with Stelara® (ustekinumab)

Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a global pharmaceutical leader with a category-defying portfolio, harnessing our generics expertise and stepping up innovation to continue the momentum behind the discovery, delivery, and expanded development of modern medicine. (Image from Teva Pharmaceutical Facebook) The U.S. FDA has approved SELARSDI™ (ustekinumab-aekn) as interchangeable with the reference biologic Stelara® (ustekinumab) [...]

TMC CEO Testifies Before Congress: Deep-Sea Minerals Key to U.S. Industrial Future

TMC CEO Testifies Before Congress: Deep-Sea Minerals Key to U.S. Industrial Future

CEO and Chairman Gerard Barron testified before the House Committee on Natural Resources on “Exploring the Potential of Deep-Sea Mining to Expand American Mineral Production” Mr. Barron highlighted the abundant, unattached polymetallic nodule resource as a platform to secure new supplies of critical minerals essential for U.S. infrastructure, defense, energy, and technology—and to drive reindustrialization [...]

S. Korea’s Construction Production Dips by Most in Over 26 Years in Q1

S. Korea’s Construction Production Dips by Most in Over 26 Years in Q1

SEOUL, May 5 (Korea Bizwire) — South Korea’s production in the construction sector declined by the most in more than 26 years in the first quarter amid industry slumps and political uncertainty caused by former President Yoon Suk Yeol’s martial law bid, data showed Monday. The value of construction completed, a measure of production in [...]

CJ ENM Partners with Amazon Prime Video to Expand Global Reach of K-Dramas

CJ ENM Partners with Amazon Prime Video to Expand Global Reach of K-Dramas

SEOUL, May 5 (Korea Bizwire) — CJ ENM, South Korea’s leading media and entertainment company, said Monday it has signed a partnership with Amazon Prime Video to supply its original drama series through the global streaming platform. The two companies signed the strategic deal on May 3 (local time) during the World Audio Visual and [...]