In the artificial intelligence (AI) market, Korean IT giants compete with global tech titans.

Naver, Kakao, LG, SK Telecom, KT, and other IT firms in South Korea are aggressively launching or planning to launch generative AI services to combat the growing influence of ChatGPT and other AI services introduced by global tech giants.

Local services can outperform those of ChatGPT p...

Moscow requires greater discounts from foreign firms leaving Russia.

According to three people with knowledge of the situation, some foreign companies attempting to exit Russia are confronting a significant increase in costs as Moscow demands greater discounts on the price tags of assets they wish to sell.

Russia has progressively tightened exit requirem...

Adidas receives $565 million in unfulfilled Yeezy shoe orders.

According to a report in the Financial Times, a German sportswear firm has received orders for 4 million pairs of shoes after an antisemitic row.

According to the Financial Times, Adidas got orders for more than 508 million euros ($565 million), which is better than the company's &q...

With indoor trampolines, comics, and underground art spaces, you can stay cool.

The Songeun Art Space is housed in a structure created by the eminent Swiss architectural firm Herzog & de Meuron in the affluent Cheongdam-dong district of southern Seoul. The Songeun Art and Cultural Foundation's first-ever project in South Korea, which was completed in 2021, can be see...

Earnings season is seen by investors as the market's next major test.

For investors wondering if U.S. equities will maintain their recent gains in the face of decreasing profitability, this week marks the beginning of the corporate earnings season, offering the next testing for the market. Financial experts predict that S&P 500 firms will announce another quart...

The stock price of Rail Vikas Nigam has increased by 4%. This is why

After receiving a letter of award from the Ministry of Railways to manufacture and operate Vande Bharat train-sets, shares of Railway PSU firm Rail Vikas Nigam (RVNL) rose by 4% on Friday, closing at Rs 69.6. To produce and maintain Vande Bharat train-sets, as well as to upgrade government manufa...

The W3tr subsidiary in Sweden, EQT Partners, will be purchased by the SK security firm.

SK will maintain its position as the joint operation's second-largest shareholder and has dismissed the possibility of a significant command shift. According to reports from Monday, South Korean security company SK Shield us will be acquired by EQT Partners, a private equity fund managed by S...

At CES 2023, Korean tech titans will concentrate on future breakthroughs and environmental initiatives.

Korean technology firms will exhibit their latest goods and creative innovations at CES 2023, the world's largest consumer electronics show, which will be held in Las Vegas from January 5 to 8. Following the United States, Korean firms comprise the second largest conglomerate at CES 2023. Thi...

A 40% increase in H&M's investment will keep the company's teams busy in 2023, when they will be working on a number of new projects

With revenues up 6% to €19.9 billion but net profit down by two-thirds, the H&M firm recently released mixed results for fiscal 2022 and revealed its strategy for the current year. H&M has decided to take the first step toward this goal by considerably increasing its investment spend...

Part I: The German Tech Firms to Watch in 2023

The technology and information technology market in Germany has been one of the most dynamic in recent years. More than a quarter of Europe's market for innovative technologies like blockchain, IoT, and big data is located in Germany. In 2020, the German software market was predicted to bring...

Creating a bright future for South Korean chemical firms

South Korean chemical firms had a large global presence. They succeeded successfully due to operational excellence, the benefits of strong regional demand, and a conglomerate structure that gave prospects for growth. However, South Korean chemical businesses confront enormous problems today. Mark...

To keep up with the rising demand in healthcare facilities, South Korea places a premium on imaging systems that utilize artificial intelligence.

To fullfill the rising demand in hospitals, a number of South Korean health tech firms are forming partnerships with domestic and international corporations to provide AI-based imaging solutions. In this context, Global Data predicts that between 2023 and 2030, the diagnostic imaging market in So...

Learn more about the judges for the ZS PRIZE healthcare technology competition

The ZS PRIZE is a healthcare competition created by the international management consulting and technology firm ZS to identify and award the most innovative solutions to pressing healthcare problems in India. After going through several rounds of evaluation, the top eight teams will present their...

North Korean leader inspects Hwasong-17 ICBM test launch and promises firm nuclear reaction to threats

North Korean leader Kim Jong-un pledged a firm nuclear reaction to US threats during an on-site inspection of the country's test-firing of a Hwasong-17 intercontinental ballistic missile (ICBM) earlier this week, according to Pyongyang's state media.

According to the Korean Cent...

Under Germany's new plastics law, firms might donate €450 million annually to litter cleanup

Plastic firms in Germany will soon be obliged to pay for rubbish collection.

Wednesday's Cabinet vote requires manufacturers of products using single-use plastic to contribute to a government-managed central fund. In 2025, it will be implemented.

Based on the historical pr...

Don't be duped by the "green" word salads used by the fossil fuel business

According to Stella Levantesi, PR firms working for the fossil fuel sector are taking terminology from the climate movement and using it to support climate denial.

The CEO and president of the American Petroleum Institute (API), Mike Sommers, stated on a recent episode of the Fox Busine...

Singapore's IT and Research Firms Excel

The development of water-related technologies as well as improvements in infrastructure have been of assistance to areas that are deficient in water. The methods that Singapore uses to satisfy its day-to-day water needs are now causing a stir on a worldwide scale due to the rippling effect they a...

Fifty Foreign Firms Have Been Given Invest Approval by Thailand Commerce Ministry in April

On Tuesday, the Deputy Commerce Minister of Thailand, Sinit Lertkrai, said that the Commerce Ministry had given the go-ahead to fifty international companies in April for conducting business in the country under the Foreign Business Act.

He said that these foreign companies had invested...

In the UAE, a new sports and entertainment firm with UK roots has launched

In addition, the firm will assist organisations with experience in the procurement of branded sportswear and footwear.

Expect to see more of the world's greatest sports celebrities in the UAE and around the Gulf, helping local organisations and fans! Sunny Singh has created 'COL...

With €1.5 million, a Berlin-based firm powers a no-code NFT platform for creators

FUEL allows developers to create their own custom-branded NFT store without any technical experience.

FUEL, a Berlin-based technology business, has secured €1.5 million to become the "Shopify for NFTs." Investors in the pre-seed round included NYC-based FintechCollective,...