Investing.com -- South Korean firm LG Energy Solution (LGES) officially announced on Monday its withdrawal from a substantial electric vehicle (EV) battery manufacturing project in Indonesia, valued at 142 trillion rupiah ($8.45 billion). The project, termed the Indonesia Grand Package, was agreed upon between LGES and the Indonesian government in late 2020. The deal involved investments across th ...
SHANGHAI (Reuters) -More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world’s premier market for electric vehicles and hybrids.Top-selling Chinese brands such as BYD (SZ:002594) and Geely are expected to take centre stage at the show from April 23 to M ...
SEOUL (Reuters) -The vice chief of South Korea’s financial regulatory agency said on Monday there is a high likelihood of the country’s stock market being included in a key developed market index in the near future. "We see a very high possibility of being included soon, if not this time," Kim So-young, vice chairman of the Financial Services Commission, said at a press conference held in Seou ...
Investing.com -- The Vatican on Monday announced the passing of Pope Francis. The news was shared by Cardinal Kevin Ferrell, who serves as the Vatican camerlengo, an official role responsible for managing the affairs of the Holy See in the period between the death of a Pope and the election of his successor. This article was generated with the support of AI and reviewed by an editor. For more info ...