Hyundai hosts 2020 Open Innovation Lounge exhibition

The FINANCIAL — Hyundai Motor Group (the Group) organized the 2020 Open Innovation Lounge exhibition at its headquarters in Seoul on Nov. 16-17, featuring inventive new technologies and solutions spawned through joint collaboration between the Group’s staff members and engineers and those…

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Samsung and KT deployed 5G SA and NSA common core network in Korea

The FINANCIAL — Samsung Electronics and KT Corporation (KT) announced they have successfully deployed Korea’s first 5G Standalone (SA) and Non-Standalone (NSA) common core in KT’s commercial network. KT will commercially launch its SA network when 5G SA-capable devices become available in…

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Georgia remains on EU’s updated safe country list

The FINANCIAL — Following a review under the recommendation on the gradual lifting of the temporary restrictions on non-essential travel into the EU, the Council updated the list of countries for which travel restrictions should be lifted. As stipulated in the Council recommendation,…

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Airbnb: 40% drop in bookings and loss of $276.4 million

The FINANCIAL — Airbnb Inc’s bookings in major cities across the world have plunged. People are deciding to cancel travel plans because of the coronavirus outbreak. Also, there is an increasing number of travel restrictions being put in place around the world.…

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Airlines’ shares plunges as coronavirus spreads

The FINANCIAL — Shares of airlines and travel companies around the world plunged Monday due to fears about the spread of the coronavirus. The International Air Transport Association warned last week that the virus would inflict a $1bn hit on airline industry’s…

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Venice Carnival cancelled due to coronavirus fears

The FINANCIAL — The last two days of the Venice Carnival have been cancelled because of an outbreak of coronavirus. Three people in Venice have tested positive for the viral disease. The Middle East was also on high alert as Iran announced…

4 mins read