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Added on the 20/09/2016 17:36:59 - Copyright : Reuters EN
South Korea's big family-run companies prize loyalty to the company and boss. That might sound like a good thing, but as Ryan Brooks reports, it's hard for loyalty and good corporate governance to co-exist. And it can even lead to tragedy.
Paris Saint-Germain president and beIN Media chief Nasser al-Khelaifi's hearing in front of Swiss prosecutors in a World Cup media rights probe began on Wednesday morning, a spokesman confirmed. IMAGES of the building where Nasser al-Khelaifi's hearing took place
Up, up, and away! Visitors flocked to the recently opened Lotte World Tower to take the world's longest and fastest double-decker elevator, dubbed 'Sky Shuttle', in Seoul, on Wednesday. The elevator whisks passengers from the basement to the 121st-floor in one minute, at an average speed of 33 feet per second. Opened to the public in April after six years of construction, the building, which is the highest in Seoul and the fifth tallest in the world, currently holds three world records; for the world's fastest elevator, the world's tallest glass-bottomed sky walk and the world's highest observation deck. Standing at 1,820 feet tall, the tower, which is said to redefine Seoul's skyline, is nearly a thousand feet above the city's next highest building, the International Finance Centre Office Tower. The double-decker Sky Shuttle, which is basically two elevator cabins stacked on top of each other, can hold a maximum of 52 passengers at one time and connects the ground floor of the Lotte Tower directly with the observation deck. The inside of the cabins keep visitors entertained with 15 separated OLED TV screens, which show breathtaking scenes of the South Korean capital for the short ride. How would you like to zoom to the 121st floor in just 60 seconds?
A top executive at South Korea's Lotte Group is found dead hours before he was due to be questioned by prosecutors conducting a criminal probe into the conglomerate. Ryan Brooks reports
South Korean prosecutors have expanded their investigation into the Lotte Group - with raids on at least ten firms including its biggest listed unit Lotte Chemical. Kate King reports.