Survey: one in four UK adults plan to switch off heating this winter
A recently conducted survey has reportedly cited the possibility that almost 25% of British adults would keep the heating completely off this winter due to the soaring energy prices. The opposition....
Unilever to invest USD 275 Mn to expand production capacity in Mexico
The FMCG major intends to improve its ability to supply both domestic and foreign markets. A portion of the investment will be used to fund employee training and the development of new products. ....
LG Display to launch new mid-size OLED panels for gaming monitors
South Korean flat panel display producer LG Display is reportedly focusing its efforts on bringing its latest offering of mid-sized organic light emitting diode (OLED) panels into the gaming monitor a....
NAVER Corp becomes the first South Korean internet firm to join RE100
South Korean internet giant, NAVER Corp, has reportedly joined the global renewable energy initiative RE100, becoming the first Korean firm in the sector to do so, in a push towards electricity grids ....
Merck to soon acquire Mecaro’s chemical division for USD 112 million
Pharmaceutical multinational Merck & Co. Inc. has reportedly announced that it is acquiring the chemical business of Korea-based Mecaro Co. Ltd. for a whopping USD 112 million, with USD 76 million....
Ola S1 reintroduced at USD 1,260; electric cars teased for 2024 launch
India’s Ola Electric Mobility has reportedly reintroduced the Ola S1, its latest electric two-wheeler. The company is also set to launch an electric four-wheeler by the year 2024. The founder....
Coca-Cola’s Australian business delivered solid sales performance in Q2
The Coca-Cola Company's business in Australia and New Zealand has reported its highest sales performance during the quarter ending in June, primarily due to the booming sales of Coca-Cola No Sugar....
Siemens Energy’s Russia restructuring may inflict a larger net loss
Siemens Energy, a leading equipment provider for the power sector, issued a warning stating that the reorganization of its business in Russia may result in a loss of around USD 204 million, ....
KFC parent eyeing promotional deals as consumers cut back on spending
U.S.-based fast-food giant Yum! Brands Inc. is reportedly planning to introduce new products and special offers to boost the sales of pizzas and fried chicken products among consumers. For those un....