Hyundai Motor is currently in the works to develop a pickup truck model for the U.S. market. Michael O'Brien, vice president in charge of product planning for Hyundai Motor America, said on August 22 in a press conference, "The top management approved a project to develop a pickup truck model." Pickup trucks are highly popular in the United States. There is only one pickup truck model available in Korea, which is Ssangyong Motor's Korando Sports.Hyundai Motor unveiled a pickup truck concept mode...

Despite the record-high results, the R&D investment level of the nation's petrochemical industry is still miserably low. According to industry sources on August 28, the amount of R&D investment of Lotte Chemical, which achieved a record-high sales revenue of 7,849.4 billion won in the first half, fell short of 44.5 billion won. This is only 0.57 percent of the total sales. Even last year when the company posted the highest operating profit (2,547.8 billion won) among all petrochemical...

The volume of welfare budget set aside by local governments has surpassed the 50-trillion-won level for the first time in history to 53 trillion won (US$46.9 billion). This is 59 percent higher than what it was five years ago. According to the 2017 Statistical Yearbook published by the Ministry of the Interior and Safety on September 4, the aggregate welfare budget of local government for the first six months of the year was 52,601.4 billion won, up 6.2 percent (3,081.7 billion won) from the ...

POSCO Daewoo has opened Lotte Hotel Yangon on September 8 in Myanmar's capital Yangon. The five-star hotel, located near Inya Lake in the central business district of the city, consists of a 15-story hotel building (343 rooms) and a 29-story long-term serviced apartment building (315 rooms). POSCO Daewoo is responsible for the overall management while Lotte Hotels and Resorts taking charge of daily management. On the opening day, Myanmar Minister of Hotels and Tourism Ohn Maung, Chief Ministe...

Park Sam-koo, chairman of Kumho Asiana Group, will submit a self-rescue plan for Kumho Tire that includes the sell-off of Chinese plants to the creditors by September 12. In addition, he will sell off a 4.4-percent stake in Daewoo Engineering & Construction worth 130 billion won while asking executives to return their pays as part of the restructuring measures. An industry official familiar with the matter said on September 11, "Kumho Asiana will soon deliver to the creditors a high-inten...

POSCO, Korea's largest steel maker, has completed on September 22 the construction of a steel wire service center in Jeffersonville, Indiana, with an annual capacity of 25,000 tons. The plant will supply steel wire goods to be used for bolts, nuts, and bearings to auto parts companies. Started in April last year, the service center cost the company US$20.9 million to build. The high-quality steel materials produced in the new plant will be supplied to companies like Simplex Korea, Taeyang M...

As Korea and China are set to improve their relationship that was rocked by the controversy over the Terminal High Altitude Area Defense (THAAD) anti-ballistic missile system, Korea's tourism and duty-free shopping industries are raising their hopes of better days.The tourism industry believes that the Chinese government's group tour ban to Korea would be relaxed soon. A travel agency in Hebei posted an Internet ad recently for a group tour program to Korea in November at the price of 1,4...

Beachgoing is not just for the summer. Nothing is romantic than walking on the beach with a loved one. What about the beach in the autumn? Walking on the beach on a cool breeze and sitting in a café with an ocean view may be something you don't want to miss.   If you long for a place where you can see the autumn sea and uninhabited islands, all you need to do is take the Airport Train from Seoul station or Gimpo Airport station. Within one hour, it will take you to Yeongjo...

"Realty Expo Korea 2018 to Unveil in Sept. This Year   Organized by Korea’s No.1 Business News Provider Korea Economic Daily FIABCI KOREA to Sponsor Jointly... Interest of 67 Member Countries Heightened REK 2018 Organizers Start Taking Applications... Foreign Exhibitors to Get Additional Discounts   Realty Expo Korea (REK), the global festival for real estate professionals in the Age of the Fourth Industrial Revolution, will be with you for three days between September 19th and 2...

Practice Statement No. 31: Implications for formal sale processes 1. Introduction On 7 July 2017, the UK Takeover Panel published Practice Statement No. 31, which sets out how the Panel Executive will apply certain aspects of Rules 2.4, 2.6, 21.2 an...

The Stock Exchange of Hong Kong (“SEHK”), wholly owned subsidiary of Hong Kong Exchanges and Clearing, has published a consultation paper last Friday 22 September 2017 which proposed changes to the Main Board Listing Rules (“MB Rules”) and the Rules...

China’s securitisation has been developing rapidly. To date, China’s securitisation market is already the largest in Asia and second largest in the world. Our structured finance partner Kingsley Ong (who is also the Secretary-General of ...

Takeover Panel Public Consultation Paper (PCP) 2017/2: Statements of intention and related matters   1. Introduction On 19 September 2017, the Code Committee (the “Code Committee”) of the UK Takeover Panel (the “Panel”) ...

“Not a Dirty Word”: ESMA revisits the impact of its Opinion on delegation for UK managers if there is a “hard” Brexit In the wake of the draft Agreement on the withdrawal of the UK from the EU, a speech by Steven Maijoor, th...

Employers, the leasing industry, professional advisers and many government departments including the DTI, were taken by surprise when withdrawal of the tax relief on computers supplied to employees was announced in the recent Budget. Numerous re...

The Chancellor has announced some important changes to the capital gains tax (CGT) regime. These changes may have a significant impact on the tax payable by your employees holding shares in your company traded on the full list. Abolition of taper r...

Belarus has announced that the next presidential election will be held on August 9 as the country’s authoritarian President Alyaksandr Lukashenka sought to play down the risks of the coronavirus pandemic.

Six Pakistani security personnel, including an officer, were killed in a roadside bomb attack near the South Asian nation’s border with Iran.

Thousands of people jammed the center of the Belarusian capital to watch soldiers and military units march as part of celebrations marking the defeat of Nazi Germany, celebrations that took place despite serious concerns about the coronavirus.

Thousands of people came out on May 9 to watch soldiers, military vehicles, and aircraft on display in central Minsk as part of celebrations marking the defeat of Nazi Germany 75 years ago. The televised event took place despite concerns about the coronavirus. While most other former Soviet republics, including Russia, canceled their Victory Day parades due to spiking infection and death rates, Belarusian President Alyaksandr Lukashenka has downplayed the pandemic as a "psychosis." In a speech during the event, he said the country “had no other choice” but to go ahead with the celebrations as thousands of war victims were watching, adding that none of today’s hardships can compare to the horrors the country endured during the war.

Police have released the name of the man who died following a crash on State Highway 51, Napier, on Thursday.He was David Allan Trousdell, 37, of Napier.It's understood Mr Trousdell's car collided with a truck at Te Awa. The crash...

A "mass of surfers" have converged on one of Wellington's most popular surf beaches.A Wellington local, who wanted to be known only as Brendan, said he was in the area for work when he decided to stop and see what was happening...

The Warehouse is advising customers on its website deliveries could take up to two weeks to arrive.It said while it was trying to get through orders as quickly as possible, because of the high number of orders it was struggling...

More revelations have been uncovered from the Government's coronavirus document dump, while new cases remain low as Cabinet prepares to decide when to move to alert level 2. Get all the important news and read the full stories in...

Police fear bars will be "swamped" when the country finally drops to level 2.On Monday, Prime Minister Jacinda Ardern will reveal when New Zealand will drop a level in its Covid-19 warning system – with the move potentially coming...

Laba wasiir oo ka tirsan xukuumadda Puntland ayaa todobaadkan laga heley fayraska korona ee caalamka faro ba’an ku haya. Labada wasiir ayaa kamid ahaa dadkii sida weyn ula shaqeynaayey bulshada aadna ugu dhawaa gaar ahaan dhibaatadii ka dhacdey magaalada Qardho. Madaxweynaha Puntland Siciid Cabdullaahi Deni ayaa sheegay in wasiiradan xaaladooda caafimaad aad u wanaagsan tahay, […]

The post Waa sidee xaaladda Wasiirada Puntland ee laga helay COVID-19? appeared first on Horseed Media • Somali News.

Soyo -Quinze citoyens de la R�publique d�mocratique du Congo (RDC) observent, depuis le week-end dernier, une p�riode de quarantaine institutionnelle dans la municipalit� de Soyo, province de Zaire. ......

Alger -Le Pr�sident de la R�publique,...

A l'instar de tous les pays dans le monde affect�s par la pand�mie Covid-19, Madagascar conna�tra �galement une r�cession �conomique. ......

Alger -L'avant-projet de r�vision de la...

Encore un soutien venu de l'ext�rieur...

A free agent after his release from Trabzonspor, what options are there for the 33-year-old ex-Nigeria international ahead of the new campaign? ......

The African football legends provided inspiration for many during their playing days ......

Andre Harrell, the Uptown Records founder who shaped the sound of hip-hop and R&B in the late '80s and '90s with acts such as Mary J. Blige and Heavy D and also launched the career of mogul Sean "Diddy" Combs, has died. He was 59.

A married couple from Maryland ages 85 and 86 were the victims of a deadly shooting at a veterans cemetery in Delaware.

Overview On 28 November 2019, the European Banking Authority (“EBA”) published its final guidelines[1] on information and communication technology (“ICT”) and security risk management (EBA/GL/2019/04) (the “Guidelines&r...

1.1 Which Corona related administrative orders must be differentiated in Germany and what are their effects? The local health departments are, on a case-by-case basis, entitled to prohibit the happening of any kind of event that includes a significa...

The director of cartels in the EU’s antitrust department, Eric Van Ginderachter, stated last week that the food sector in Europe will see increased cartel enforcement activity in 2014 by the European antitrust regulator, the European Commission (“Co...

European Commission aims to level the playing field between suppliers and large customers by introducing recommendations on unfair trade practices The European Commission recently adopted a Communication encouraging EU Member States to look at ways ...

The German Federal Cartel Office (“Bundeskartellamt”, BKartA) has issued a decision stating that attempts by Germany’s largest supermarket, EDEKA, to force suppliers to grant it so called “wedding rebates”, in the form ...

Précis: The Courts have adopted a new test to assess applications for relief from sanctions, which demonstrates a more reasonable approach than used recently.  However, it remains important to ensure compliance. What? During litigation, ...

“We want to ensure that these crimes don’t pay.” Michael Caplan QC, Sentencing Council Member In an era where price fixing and anti-competitive practices attract fines measured in billions, the disparity associated with sentencin...

Starting 13 December 2014, businesses will be required to comply with the great majority of the rules set forth in the EU’s Food Information Regulation (1169/2011). The Regulation went into force on 12 December 2011 but provided for a long, 3-...

Cyber risk is the risk of financial loss, disruption, or damage to reputation as a result of  breaches of data security, including unauthorised disclosure of data, and compromise or failures of IT systems.  Specific examples include: ...

The Smith Commission has today revealed that control of Employment Tribunals in Scotland is to be devolved to the Scottish Parliament.  The move will mean Scotland will be able to decide the level at which fees are set for claims made in Scotla...

President Peter Mutharika, whose win in last year's vote was challenged, had appealed the re-run, which is now to be held July 2

Following the judgment in De Freitas v Chamdor Meat Packers [2015] JOL 33940 (GJ), when a company proposes to its shareholders the adoption of a new Memorandum of Incorporation, the shareholders should carefully consider the provisions of the new Me...