Canopy Growth announces plans to consolidate all U.S. cannabis assets into a single entity, Canopy USA, creating a U.S. holding company and exchangeable share structure designed to enable Canopy USA to trigger full ownership of U.S. cannabis investments and capitalize on U.S. cannabis market opportunities Constellation Brands intends to transition existing common shares ownership interest […]
TORONTO, Oct. 25, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (NEO: EVTG, OTCQB: EVTGF, DE: B96A) announces today that it has filed a preliminary base shelf prospectus (the “Base Shelf Prospectus“) with the securities regulators in the provinces of Alberta, Ontario and British Columbia. The Base Shelf Prospectus […]
SEOUL– The chief of South Korean electric bus maker Edison Motors Co. has been indicted on charges of pocketing illegal profits worth 162.1 billion won (US$113.1 million) after manipulating the company’s stock prices during its attempt to acquire SsangYong Motors Co. The Southern District Prosecutors Office said it has indicted Chairman Kang Young-kwon, with … Read more
SEOUL– Hyundai Doosan Infracore Co. on Tuesday reported its third-quarter net income of 65.1 billion won (US$45.4 million), up 41.8 percent from a year earlier. Operating profit for the July-September period was 74.7 billion won, up 121.7 percent from a year ago, the company said in a regulatory filing. Sales rose 21.1 percent to … Read more
SEOUL– South Korea will host Iceland in their final match at home before the FIFA World Cup in Qatar next month, the national football federation announced Tuesday. The Korea Football Association (KFA) said South Korea will face Iceland at 8 p.m. on Nov. 11 at Hwaseong Sports Complex Main Stadium in Hwaseong, about 40 … Read more
SEOUL– Cigarette maker Philip Morris International Inc. said Tuesday it will launch the new IQOS ILUMA e-cigarette heating device next month, as competition heats up in South Korea’s growing non-combustible tobacco market. The IQOS ILUMA is the latest heatable e-cigarette device from the U.S. tobacco maker in three years. The new product is … Read more
SEOUL– KB Financial Group Inc. on Tuesday reported its third-quarter net income of 1.26 trillion won (US$881.7 million), down 3.2 percent from a year earlier. Operating income for the July-September period was 1.59 trillion won, down 10.5 percent from a year ago, the company said in a regulatory filing. Sales rose 98.8 percent to … Read more
SEJONG– The South Korean currency closed higher against the U.S. dollar Tuesday after plunging to the lowest level in more than 13 years earlier in the session amid the Federal Reserve’s aggressive monetary tightening and the weak Chinese yuan. After soaring to 1,444.2 won shortly after the opening bell — the lowest since 1,488 … Read more