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Reporter : Lee Min-hyung
Thu, November 30, 2023 | 01:15
Asiana employees anxious about job security after cargo unit sale
Employees of Asiana Airlines' cargo business are increasingly concerned about job security following the sale of the unit to facilitate Korean Air's acquisition of the country's No. 2 carrier, officials said on Friday.
Canada's agriculture minister visits Homeplus
Homeplus CEO Lee Jae-hoon, left, poses with Canada’s Minister of Agriculture and Agri-Food Lawrence MacAulay, at Homeplus Mega Food Market’s Gangseo District store in southwestern Seoul, Thursday. MacAulay visited Korea to celebrate the 60th anniversary of the establishment of diplomatic relations between Korea and Canada. Homeplus is a major sales channel for Can...
Asiana's board votes in favor of delayed takeover by Korean Air
Asiana Airlines’ board of directors came to a belated agreement to unload its cargo business and accept a string of other proposals by Korean Air to facilitate a takeover by the country's No. 1 carrier, which has faced considerable delays, according to company officials, Thursday.
Saudi Arabia's World Cup hosting reignites debate over its human rights records
Controversy surrounding Saudi Arabia’s violation of human rights is resurfacing across the globe after the country became the de facto host for the 2034 World Cup, according to human rights groups and news media outlets, Thursday.
Korea-Ireland business roundtable
Korea Enterprises Federation Chairman Sohn Kyung-shik, front row fifth from left, poses with Ireland’s Trade Minister Simon Coveney, front row sixth from left, before holding a meeting with the latter’s delegation to discuss ways of enhancing economic and business ties between the two countries. Courtesy of Korea Enterprises Federation
Asiana Airlines grapples with mounting debt amid delayed acquisition by Korean Air
Asiana Airlines is struggling with worsening finances, as the planned acquisition by Korean Air has hit a snag following an unexpected disruption in the cash-strapped airline’s recent board meeting.
EcoPro, ioneer partner for lithium business
EcoPro Innovation CEO Kim Yoon-tae, right, poses with ioneer Chairman James Calaway at the Korean company’s office in the southeastern port city of Pohang, Oct. 31. Both sides agreed to pursue joint development of lithium in the U.S. state of Nevada, which is home to a lithium mine. Courtesy of EcoPro Innovation
Hankook Tire's iON raises global profile amid booming EV industry
Hankook Tire is expanding its global profile with an electric vehicle (EV)-specific tire brand known as iON, which feature quick responsiveness and noise suppression, the Korean tire maker said Tuesday.
Korean Air delays submission of documents to EC for Asiana takeover
Korean Air will delay submission of ammended documents to the European Commission (EC) for the takeover of Asiana Airlines, after the latter's overnight board meeting ended in stalemate, according to company officials Tuesday.
POSCO Future M rated 'A' for ESG management
POSCO Future M has achieved an environmental, social and corporate governance (ESG) rating of “A,” an upgrade of one level from a year earlier, from Korea’s most influential ESG ratings agency, the company said Monday.
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