South Korean health authorities are investigating how the virus spread at a Starbucks outlet in the border city of Paju, and have said infected people were not wearing masks and fresh air may not have been properly circulated.
Starbucks Korea, a joint venture between Starbucks and Korean retail giant E-Mart Inc, said it has reduced seating capacity by more than 30% in all its stores in Seoul and nearby areas after authorities on Sunday reimposed tighter social distancing curbs.
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The 31-year-old said the Covid-19 pandemic transformed the way she treated her finances, explaining: ‘During 2020 I got into a new groove with saving because of the new way of life that the pandemic has forced upon us.
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SEOUL, Oct 25 (Reuters) — Lee Kun-hee, South Korea’s richest person and chairman of Samsung Electronics Co, died on Sunday, leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance tax.
Starbucks’ Korean business was a bright spot for the U.S.
coffee chain, with the joint venture posting a profit surge in the April-June quarter as the country quickly brought the COVID-19 outbreak under control.
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His stock ownership included 4.18% of Samsung Electronics common shares and 0.08% of preferred shares, worth about 15 trillion won in total; a 20.76% stake in Samsung Life Insurance worth about 2.6 trillion won; a 2.88% stake in Samsung C&T worth about 564 billion won; and a 0.01% stake in Samsung SDS worth about 1.67 billion won, according to Reuters calculations based on Fair Trade Commission data.
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