LG Energy, Toyota Ink $3 Billion Deal for EV Batteries in Michigan
Oct 05, 2023 09:28 am UTC| Business Economy
LG Energy Solution and Toyota Motor partner with a $3 billion investment to supply electric vehicle batteries from a Michigan plant, potentially benefiting from the U.S. Inflation Reduction Act. The batteries are set to...
Lotte Chilsung Acquires Majority of Pepsi Philippines, Eyes Southeast Asian Expansion
Oct 05, 2023 09:03 am UTC| Business Economy
Lotte Chilsung Beverage Co., Ltd. has acquired a significant majority in Pepsi Philippines, signaling its intent to expand further in Southeast Asia. The move positions the South Korean brand for growth beyond its home...
Sandoz Begins Independent Trade on SIX Swiss, Promises Growth in Generics
Oct 05, 2023 07:55 am UTC| Economy Health Business
Sandoz launches as an independent entity on the SIX Swiss Exchange, equipped with a robust credit profile and a bright growth trajectory in the generics and biosimilars industry. Dawn of a New Era The separation from...
Popeyes Overtakes KFC for No. 2 Spot in US Chicken Chain Ranking
Oct 05, 2023 07:46 am UTC| Business Economy
Popeyes Louisiana Kitchen, Inc. ascends to second place in the US chicken chain rankings, overtaking long-time rival KFC, a decade after another significant shake-up in the industry hierarchy. Popeyes is now trailing...
How oil and gas company tax reliefs could lose the UK billions
Oct 05, 2023 03:30 am UTC| Economy Business
The recently-approved Rosebank oil field in the North Sea has been touted as a way to boost the UK economy and its energy security. But even with its windfall tax on energy company profits, the project is a good example of...
Please, don't bring back the Commonwealth Employment Service
Oct 05, 2023 03:29 am UTC| Insights & Views Economy
Theres talk of bringing back Australias Commonwealth Employment Service. The Community and Public Sector Union has launched a campaign, the parliament has begun an inquiry into the appropriateness of the present system...
POSCO International to Build US Magnet Factory for EV Business Expansion
Oct 04, 2023 11:21 am UTC| Business Economy
POSCO International Corp. is advancing its U.S. footprint with plans for a permanent magnet factory. While the exact location remains undecided, the Texas, Tennessee, and Arizona state governments are in discussions with...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects