Business, Games, Consumer
467 storiesEx-German chancellor Schröder arrives in Moscow, meets Globus staff, company says
Former German chancellor Gerhard Schröder has arrived in Moscow, according to RBC and RIA Novosti, and Kommersant reports he met employees of the Globus hypermarket in the city. Kommersant reported, citing the company, that Schröder was app…
Former German Chancellor Schröder meets Globus employees in Moscow
Former German Chancellor Gerhard Schröder visited Moscow and met with employees of the Globus hypermarket chain, RBC reported, with TASS citing RBC. According to TASS and Meduza, he gave a welcome speech and then continued in a closed forma…
Japan antitrust watchdog probes four major brewers over alleged price collusion
Japan's Fair Trade Commission has opened an investigation into four of the country's largest brewers — Asahi Breweries, Kirin Brewery, Sapporo Breweries and Suntory Spirits — on suspicion of colluding to raise prices artificially, the compa…
Capital Group secures ADGM licence to expand Middle East operations
Capital Group, which manages $3.6 trillion in assets, has secured a Financial Services Permission from the Financial Services Regulatory Authority of ADGM in Abu Dhabi, allowing it to operate as a regulated investment manager. The approval …
Japan antitrust watchdog raids Asahi, Kirin, Suntory, Sapporo over beer price cartel
Japan's Fair Trade Commission began a forced investigation on Oct 7 into Asahi Beer, Kirin Beer, Suntory and Sapporo Beer on suspicion of an Antimonopoly Act violation over beer prices. The four are suspected of coordinating wholesale price…
Paramount closes Warner Bros. Discovery takeover, creating Skydance
Paramount Skydance closed its acquisition of Warner Bros. Discovery on Tuesday, creating a company named Skydance led by CEO David Ellison and co-CEO Ynon Kreiz. The merged company brings CNN, CBS News, HBO Max and Paramount+ under one roof…
SpaceX seeks $40 billion in loans and bonds to buy Nvidia chips
SpaceX is seeking to raise $40 billion, about 53.5 trillion won, through bank loans and corporate bond issuance to fund purchases of Nvidia's advanced chips, according to Financial Times reporting cited by Yonhap, Newsis and Seoul Economic …
Shinsegae invests $1bn in Warner Bros. deal as Paramount completes takeover
Shinsegae Group said its unit Shinsegae Property will invest $1bn (about 1.4 trillion won) in the takeover of Warner Bros. led by Paramount Skydance, alongside David Ellison and US investment firm RedBird. Paramount completed the acquisitio…
LG Electronics Q3 revenue 23.8 trillion won, operating profit up 13.5% but below consensus
LG Electronics reported preliminary third-quarter revenue of 23.827 trillion won, up 8.9% from a year earlier, and operating profit of 781.8 billion won, up 13.5%. Both figures fell short of the average analyst consensus, and the shares dro…
Boston Dynamics names former Amazon AI executive Rohit Prasad as CEO
Boston Dynamics, described by Korean outlets as Hyundai Motor Group's robot affiliate, said it has appointed Rohit Prasad, a former Amazon executive who led work on the Alexa voice assistant, as its new chief executive. The company said the…
POSCO completes second Argentine lithium plant, eyes 50,000-ton output
POSCO Holdings held a completion ceremony on 6 October local time for the upstream stage of its second brine lithium plant near the Hombre Muerto salt flat in Argentina, the company said on 7 October. The plant has 23,000 tons of annual lit…
Square Enix opens pre-orders for Dragon Quest Weapons Collection Vol.2, out Jan 30, 2027
Square Enix has opened pre-orders for “Dragon Quest Weapons Collection Vol.2,” a second series of 1/12-scale figures of weapons and shields from the Dragon Quest games. The six-item lineup includes “Hayabusa no Ken,” “Tenkuu no Ken,” “Battl…
Paramount Skydance closes $110bn Warner Bros. Discovery acquisition
Paramount Skydance completed its purchase of Warner Bros. Discovery for $110bn, and the combined company is named Skydance. Its shares will trade on the New York Stock Exchange under the ticker SKYD, while WBD shares stopped trading on Nasd…
Hyundai Engineering wins 870bn-won Incheon data centre order with KT Cloud
Hyundai Engineering said on Oct 7 that it won a project worth about 870 billion won to build a 50-megawatt data centre in Incheon, with KT Cloud as joint contractor for MEP works and, according to KT Cloud, design-build-operate partner. Hyu…
Wildberries to test digital procurement platform for Russian schools and kindergartens
Wildberries, part of the RWB group, will launch a digital procurement platform in test mode for state educational institutions, with a maximum single purchase of 5 million rubles, RWB innovation and ecosystem development director Evgeny Eti…
Wildberries launches digital public procurement platform for Russian schools
Wildberries (RWB) is launching a digital procurement platform that lets state educational institutions buy goods directly from marketplace sellers, with a maximum single purchase of 5 million rubles. At the first stage only a test group of …
Suhyup Bank president selection fails again at second committee vote
Suhyup Bank's bank president recommendation committee failed for a second time on Oct 6 to name a final candidate, because no nominee won the required four votes from the five-member panel. The vote again split 3-2 between incumbent preside…
Xbox says GTA 6 will not stream exclusively or to PC, after report of streaming deal
Xbox chief strategy officer Matthew Ball said Grand Theft Auto VI will not be streaming exclusively on Xbox, nor to PC, pushing back on an earlier report that Xbox had secured exclusive cloud streaming rights to the game. The Verge had repo…
Former Yaskawa Electric president Masahiro Ogawa dies at 62
Masahiro Ogawa, former president and vice chairman of Yaskawa Electric, died on Oct. 2 of illness at 62, the company announced on Oct. 5. An engineer who spent most of his career in the industrial robot business and helped open the US marke…
Porsche to cut about 40% of management roles in restructuring
Porsche plans to cut roughly 40% of its managerial and leadership positions in the medium term as part of a new restructuring strategy, according to Russian business and state outlets. The company also targets a 25–30% reduction in total he…