United Airlines
Scope
Date
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Aerospace & Defense
KAI signs $3 bn fighter jet export contract with Poland
Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, has inked a formal deal worth $3 billion to export light ...
Sep 19, 2022 (Gmt+09:00)
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Venture capital
Growing Korean corporate VCs provide silver lining to startups
South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...
Sep 18, 2022 (Gmt+09:00)
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Airlines
Korea airlines to increase flights on eased COVID-19 rule
South Korean airlines plan to increase international flights by year-end as the country is set to ease the rule on COVID-19 for travelers in a move ...
Aug 31, 2022 (Gmt+09:00)
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Earnings
Lotte Chem swings to red in Q2, hard hit by Malaysian unit's loss
South Korea’s major petrochemical producer Lotte Chemical Corp. faced an earnings shock in the second quarter of 2022, hard hit by the perform...
Aug 21, 2022 (Gmt+09:00)
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Artificial intelligence
LG CNS posts double-digit profit growth ahead of 2023 IPO
South Korea's largest cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...
Aug 16, 2022 (Gmt+09:00)
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Korean food
K-chicken chain BB.Q foresees stores quadrupling in N.America
Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...
Aug 15, 2022 (Gmt+09:00)
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Mergers & Acquisitions
POSCO Int'l to absorb energy unit to move up E&P value chain
POSCO International Corp., the trading unit of Korean steel giant POSCO, will merge with its unlisted affiliate POSCO Energy Co. to reinforce its en...
Aug 14, 2022 (Gmt+09:00)
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Corporate restructuring
Hyundai Mobis to spin off parts, module units amid revamp talk
South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts and modules into sep...
Aug 12, 2022 (Gmt+09:00)
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Food & Beverage
Lotte Chilsung to tie up with startups for vegan drinks
South Korea’s Lotte Chilsung Beverage Co. is set to start the vegan business along with local startups as veganism, or the practice of abstain...
Aug 09, 2022 (Gmt+09:00)
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Earnings
Celltrion logs strong Q2 earnings powered by biosimilars
South Korea’s biopharmaceutical maker Celltrion Inc. on Friday reported strong quarterly earnings thanks to healthy demand for its biosimilar ...
Aug 05, 2022 (Gmt+09:00)
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Bio & Pharma
SK Discovery to control affiliates’ entire biotechnology business
SK Discovery Co., an intermediate holding company of South Korea’s third-largest conglomerate SK Group, will take charge of the entire biotech...
Aug 05, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Zigbang completes Samsung SDS home IoT takeover
Zigbang, a South Korean proptech startup that provides real estate search and transaction services, has completed the acquisition of Samsung SDS Co....
Jul 28, 2022 (Gmt+09:00)
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Airlines
Korean Air, its white knight Naver close ranks in digital partnership
South Korea’s national flag carrier Korean Air Lines Co. and online platform giant Naver Corp. are expanding their business cooperation in dig...
Jul 22, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI targets to sell 1,000 units of FA-50 light attack aircraft worth $30 billion
Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...
Jul 22, 2022 (Gmt+09:00)
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Corporate restructuring
Kolon Global to spin off auto unit, eyes Kolon Mobility IPO in 2023
Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve management efficiency and...
Jul 21, 2022 (Gmt+09:00)
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Beauty & Cosmetics
Korea’s Cosmax to shut Ohio plant to cut losses; shares up
Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, plans to shut its loss-ma...
Jul 14, 2022 (Gmt+09:00)
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Energy
Korea shipbuilders throttle up wind farm business
South Korea’s major shipbuilders are competing to lead the global wind farm industry, an emerging game-changer in the renewable energy sector,...
Jul 04, 2022 (Gmt+09:00)
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Corporate investment
Hyundai Motor to launch investment affiliate in US for further growth
South Korea’s Hyundai Motor Group will establish an investment company in the US state of Delaware to expand its presence in the North America...
Jul 01, 2022 (Gmt+09:00)
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Airlines
Korean Air gears up to normalize international flights
Korean Air Lines Co., the country’s top carrier, is set to take measures to normalize international flights as nations worldwide are opening u...
Jun 29, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Opportunity costs on the rise at Korean shipping firms
South Korea’s leading shipping companies are being used as funding sources for their parent groups’ business expansion or making up for ...
Jun 27, 2022 (Gmt+09:00)
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Energy
SK Ecoplant to inject $100 mn in Korean solar energy firm Topsun
South Korea's top waste management company SK Ecoplant Co., a unit of conglomerate SK Inc., is slated to complete talks to invest 130 billion won ($...
Jun 23, 2022 (Gmt+09:00)
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Airlines
Korea airlines’ race for Mongolian route intensifies
South Korean airlines’ competition for the Mongolian route, one of the most profitable, is heating up as low-cost carriers have joined the rac...
Jun 20, 2022 (Gmt+09:00)
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Venture capital
Temasek VC unit CEO sees recent downturn as investment opportunity
Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...
Jun 19, 2022 (Gmt+09:00)
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Airlines
Korea airlines grounded by oil, currency, interest rates
South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...
Jun 17, 2022 (Gmt+09:00)
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Energy
POSCO to treble natural gas production in Australia by 2025
South Korea’s POSCO International Co. plans to more than treble the natural gas production from the two gas fields of its newly-acquired Austr...
Jun 17, 2022 (Gmt+09:00)
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Corporate restructuring
SK Gas to sell Istanbul tunnel stake to Qatari fund for $111 mn
SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is poised to sell its stake in an operator of the Eurasia Tunnel in...
Jun 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
McDonald’s to sell Korea operation, heating up burger M&As
McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...
Jun 09, 2022 (Gmt+09:00)
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Batteries
LG Chem, Korea Zinc affiliate KEMCO to launch battery precursor JV
South Korea’s top chemicals company LG Chem Ltd. and the world’s largest zinc and lead smelter Korea Zinc Co. have agreed to launch a ba...
Jun 02, 2022 (Gmt+09:00)
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Machinery
Korean agricultural machinery maker to expand US production
South Korea’s major farm machinery maker is set to invest $20 million in manufacturing facilities in the US state of Georgia, to expand its bu...
May 22, 2022 (Gmt+09:00)
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Energy
S-Oil shuts processing units after one killed, nine injured in blast
ULSAN, South Korea -- S-Oil Corp., Saudi Aramco’s refining unit in South Korea, has shut some of its production facilities in a move that will...
May 20, 2022 (Gmt+09:00)