All posts tagged "Lotte"

  • (Photo provided by Lotte Corp. / Yonhap)
    New Year’s countdown on Lotte World Tower

    (PHOTO NEWS) — The facade of 123-story Lotte World Tower in southern Seoul is lit up with LED lights on Dec. 29, 2015, practicing for the New Year’s countdown show. Lotte Corp. said it will put on...

    • Posted December 31, 2015
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  • (Graphic: Cha Sang-won, Source: Job Korea)
    Samsung seen as intelligent; Hyundai Motor masculine

    By Yoon Sung-won Korean college students tend to associate the nation’s top conglomerates with conservative and authoritative images, a survey showed Wednesday. According to local recruitment information provider, Job Korea, collegians think Samsung has an intelligent image...

    • Posted December 24, 2015
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  • Lotte Group Chairman Shin Dong-bin apologizes in a press conference at Hotel Lotte in Seoul on Aug. 11, 2015. (Yonhap)
    Lotte founder asks prosecution to investigate his son

    SEOUL (Yonhap) — The Lotte Group founder on Tuesday asked the prosecution to investigate his son for allegedly obstructing business as the family is locked in a bitter succession feud between siblings. Shin Kyuk-ho filed the charges...

    • Posted December 1, 2015
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  • Shin Dong-joo of Lotte (Yonhap)
    Lotte founder’s first son files lawsuit further fueling family feud

    TOKYO (Yonhap) — The eldest son of the Lotte Group founder said Thursday he has sued the chief of Lotte Holdings Co. for the head’s role in driving him out, waging a sideline attack against his younger...

    • Posted November 12, 2015
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  • Samsung workers in a South Korean chemical plant (Yonhap)
    Samsung sells chemical assets to Lotte for $2.63 billion, focus on batteries

    SEOUL (Yonhap) — Samsung Group said Friday it has agreed to sell its chemical assets to Lotte Group for about 3 trillion won (US$2.63 billion), in its latest move to streamline its non-core assets to focus on...

    • Posted October 30, 2015
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  • Shin Dong-joo of Lotte (Yonhap)
    Lotte suffers almost $1 billion loss in China: chairman’s brother

    SEOUL (Yonhap) — Lotte Shopping, a key retail unit of Lotte Group, has racked up a huge loss from its Chinese operations over the past four years, the elder brother of the group chairman claimed Wednesday, demanding...

    • Posted October 28, 2015
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  • In this Tuesday, Aug. 11, 2015 file photo, Lotte group Chairman Shin Dong-bin issues a public apology at Lotte Hotel in Seoul, South Korea. When South Korean Chung Yu-suk read an article about retailer Lotte's chocolate ads featuring a Japanese figure skating star, he was so angered he started an online group urging Koreans to boycott their country's top retailer. Chung is one of a growing number of South Koreans vowing to punish Lotte after a family battle for control of the company spilled out in public and highlighted their deep links to Japan, Korea's former colonizer. (AP Photo/Lee Jin-man, File)
    Lotte founder’s first son wants compromise in sibling rivalry

    SEOUL (Yonhap) — Shin Dong-joo, the Lotte Group founder’s oldest son, said Wednesday that he wants things to return to how they were before the sibling squabble erupted over control of the conglomerate, proposing a compromise with...

    • Posted October 21, 2015
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