Namyang chairman's resignation lifts stock price
Posted : 2021-05-04 16:59
Updated : 2021-05-04 17:42
Namyang Diary Product Chairman Hong Won-sik bows during an apology Tuesday for claims the company made last month, backed by false reports, that its yogurt drink Bulgaris had anti-viral properties making it effective against the coronavirus causing COVID-19. Yonhap
By Kim Jae-heun
Namyang Dairy Product's shares soared 9.52 percent Tuesday following the much-awaited departure of Chairman Hong Won-sik from the top post.
Hong said he took full responsibility for claims made last month, backed by false reports, that the company's yogurt drink Bulgaris had anti-viral properties making it effective against the coronavirus causing COVID-19.
The Latest: Germany eases some limits for those vaccinated
The Associated Press
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1of36Harald Fischer gets a Moderna vaccination in a vaccination mobile on a square at the district Chorweiler in Cologne, Germany, Monday, May 3, 2021. The city of Cologne started a program to bring COVID-19 vaccination to people living in this neighborhood with a high corona incidence.Martin Meissner/APShow MoreShow Less
2of36FILE - In this April 27, 2021 file photo, European Commission President Ursula von der Leyen speaks during a debate on the EU-UK trade and cooperation agreement during the second day of a plenary session at the European Parliament in Brussels. The president of the European Union’s executive arm says a quarter of all EU residents have now received a first dose of coronavirus vaccine. “Vaccination is gaining speed across the EU: we have just passed 150 million vaccinations,” Ursula von der Leyen said in a message posted on Twitter. “(Olivier Hoslet, Pool via AP)Olivier Hoslet/APShow MoreShow Less