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Business: Popeyes set to launch in S. Korea

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Tens of thousands of seafarers are stuck as sea, working beyond their maximum 11-month contracts, as the emergence of omicron hinders cargo ship operators’ ability to change over crews. With the world’s 1.5 million sailors spending long stretches far from land, the Wall Street Journal says only about a quarter of them are fully vaccinated.

OPEC+ is widely expected to stick to its plan to raise monthly crude production by 400,000 barrels per day when they meet today.  Analysts say though omicron cases continue to climb in key geographies, the absence of widespread lockdown restrictions will likely keep near-term oil demand concerns in check.


Popeyes is set to launch in South Korea this year, the latest international move for the chicken brand owned by Restaurant Brands International.

Popeyes has more than 3,600 restaurants in over 25 countries. In 2021, the chain announced plans to enter the U.K., Romania, France and India, and expand in Mexico and Saudi Arabia.