Search results for olive oil
Mobility
China to cut plug-in hybrid exports by 50 percent; EU trades off with tariff cuts
The European Union and China agreed to halve exports of Chinese plug-in hybrid vehicles to the EU over the next four years. In return, China will cut tariffs on some European products and keep export licensing procedures for rare earths and permanent magnets to the EU running smoothly. The deal follows EU tariffs on Chinese electric vehicles and a subsequent rise in Chinese PHEV exports, and both sides said it complies with WTO rules.
People & Appointments
Hecto Healthcare holds VIP private class on gut health
Hecto Healthcare said on Wednesday it held a private health class for VIP customers through its premium probiotics brand De Simone in collaboration with lifestyle brand Iyayiyaa & Friends. The event, held at a private lounge near Dosan Park in Seoul, focused on microbiome-based healthcare and healthy ingredients. It featured a lecture by a doctor, product trials and expert consultations, including a Q&A session.
Industry
Nongshim, Samyang, Ottogi to cut instant noodle prices; cooking oil prices also to fall
Instant noodle and cooking oil makers will cut prices on some products, the industry said. President Lee Jae-myung said he had been briefed that producers will lower shipment prices from next month by up to the double digits. Nongshim, Ottogi, Samyang Foods and Paldo plan to cut prices for noodles, while CJ CheilJedang, Daesang and others will reduce prices for cooking oils. Some snack makers are also considering price cuts.
