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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Czech Republic about to choose between Korea, France for nuclear plant project

Cautious optimism is growing about the possibility of Korea Hydro & Nuclear Power (KHNP) defeating its French competitor, EDF, in the bid for a 30 trillion won ($22 billion) project to build nuclear power plants in the Czech Republic, as the selection of the preferred bidder has become imminent, according to industry officials, Tuesday.

Jul 16, 2024By Park Jae-hyuk
Czech Republic about to choose between Korea, France for nuclear plant project

Volvo XC40 dominates Korean SUV market with advanced safety features, competitive pricing

Volvo Car Korea’s XC40 premium compact SUV has achieved solid sales in the first half of 2024, driven by its enhanced safety and price competitiveness, the carmaker said, Tuesday.

Jul 16, 2024By Lee Min-hyung
Volvo XC40 dominates Korean SUV market with advanced safety features, competitive pricing

Hanwha Qcells starts building massive solar farm in Colorado

Hanwha Solutions Qcells Division has started constructing a massive solar farm in the United States for a 257-megawatt solar power generation project, the company said, Tuesday.

Jul 16, 2024By Park Jae-hyuk
Hanwha Qcells starts building massive solar farm in Colorado

INTERVIEW INTAKE's meat substitute knowhow now aims at salmon, tuna

Food-tech startup INTAKE has explored ways to substitute salmon, tuna and potentially other fish with seaweed sourced from Korean waters, a challenge that remains unresolved globally, according to the company’s CEO Knox Han and R&D chief David Kim.

Jul 16, 2024By Ko Dong-hwan
[INTERVIEW] INTAKE's meat substitute knowhow now aims at salmon, tuna

Burberry appoints Joshua Schulman, former head of Michael Kors and Coach, as CEO

LONDON (AP) — British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales .

Jul 15, 2024
Burberry appoints Joshua Schulman, former head of Michael Kors and Coach, as CEO

Competition heats up between HD Hyundai, Hanwha in ship engine market

The Fair Trade Commission (FTC) said Monday that it granted a conditional approval for HD Korea Shipbuilding & Offshore Engineering’s (KSOE) acquisition of STX Heavy Industries and its subsidiary, KM Crankshaft (KMCS).

Jul 15, 2024By Park Jae-hyuk
Competition heats up between HD Hyundai, Hanwha in ship engine market

SKT's AI-powered pet health care service to make North American debut

SK Telecom has introduced its artificial intelligence (AI)-powered animal diagnostic service — X Caliber — to North America, the world's largest market for pet-related services, the company said Monday.

Jul 15, 2024By Lee Min-hyung
SKT's AI-powered pet health care service to make North American debut

Trump reelection to pose little impact on trade for Korea: FKI chief

SEOGWIPO, Jeju Island — The bilateral trade relationship between Seoul and Washington will remain solid and unwavering even under the scenario of the potential reelection of former U.S. President Donald Trump, Federation of Korean Industries (FKI) Chairman Ryu Jin said in a press conference, Friday.

Jul 15, 2024By Lee Min-hyung
Trump reelection to pose little impact on trade for Korea: FKI chief

US ambassador visits HD Hyundai Heavy's shipyard in Ulsan

The U.S. ambassador visited a shipyard of HD Hyundai Heavy Industries on Monday and discussed plans on cooperation between the U.S. and the world's largest shipbuilder, company officials said.

Jul 15, 2024By Yonhap
US ambassador visits HD Hyundai Heavy's shipyard in Ulsan

Merger between SK Innovation, E&S hinges on investor persuasion

SK Group's energy units, SK Innovation and SK E&S, are set to merge, with the boards of both companies expected to finalize the plan during their respective meetings scheduled for this week.

Jul 15, 2024By Nam Hyun-woo
Merger between SK Innovation, E&S hinges on investor persuasion
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