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LG Energy Solution to set up EV battery JV with Stellantis in Canada
SEOUL (Reuters) - South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Canada....
Syndicated Content Mar 23, 2022
U.S. to offer funds of $2.9 billion for major infrastructure projects
By David Shepardson WASHINGTON (Reuters) - The White House will announce on Wednesday a funding opportunity of $2.9 billion earmarked by the Transportation Department for major infrastructure projects...
Syndicated Content Mar 23, 2022
U.S. Republicans want higher defense spending, citing Ukraine and China
WASHINGTON (Reuters) - A group of 40 U.S. Republican members of the Senate and House of Representatives Armed Services Committees urged President Joe Biden to include a 5% increase above inflation for...
Syndicated Content Mar 23, 2022
Indians tighten belts as Ukraine war drives up prices of necessities
By Aftab Ahmed and Rajendra Jadhav NEW DELHI (Reuters) - Many Indians are cutting down on fried food and even vegetables as the Ukraine war inflates the prices of items from edible oils to fuel, threa...
Syndicated Content Mar 23, 2022
VW says its Spanish battery cell plant will be located near Valencia
BARCELONA (Reuters) - Volkswagen's planned battery cell plant in Spain will be located in Sagunto, on the outskirts of Valencia, and will have around 3,000 employees and a production of 40 gigawatt ho...
Syndicated Content Mar 23, 2022
Italy’s Draghi says Europe must increase its chip production
ROME (Reuters) - Italy's Prime Minister Mario Draghi said it was a priority for European countries to increase production of computer chips as part of a wider effort aimed at strengthening the bloc's ...
Syndicated Content Mar 23, 2022
Tencent’s quarterly profit jumps 60%, beats expectations
SHANGHAI (Reuters) - Chinese gaming and social media giant Tencent posted a bigger-than-expected 60% jump in fourth-quarter profit. Net profit for the three months through December rose to 95 billion ...
Syndicated Content Mar 23, 2022
Exclusive-Dutch bank ING ends financing for new oil and gas projects
By Simon Jessop and Toby Sterling LONDON (Reuters) - ING Groep NV will no longer finance new oil and gas projects, its energy chief said, one of the first major global banks to commit to such a step i...
Syndicated Content Mar 23, 2022
UK’s Sunak under pressure to ease cost-of-living squeeze
By William Schomberg LONDON (Reuters) -Finance minister Rishi Sunak will aim to show on Wednesday that he is helping Britons through the worst cost-of-living squeeze in decades while keeping his powde...
Syndicated Content Mar 23, 2022
Dubai firm Cypher Capital says launches $100 million digital asset fund
DUBAI (Reuters) - Dubai-based venture capital firm Cypher Capital on Wednesday announced it was launching a $100 million seed fund aimed at investing in digital assets including crypto currencies. The...
Syndicated Content Mar 23, 2022
Peoria, IL, USA
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