South Korea to Invest $15 Billion in New EV Battery Technology
South Korea will invest 20 trillion won ($15 billion) by 2030 to deliver the world’s first solid-state batteries in a bid to stay ahead of competitors in the electric-vehicle race.
South Korea will invest 20 trillion won ($15 billion) by 2030 to deliver the world’s first solid-state batteries in a bid to stay ahead of competitors in the electric-vehicle race.
Capita Plc, one of the UK’s biggest outsourcing companies, said that customer data may have been stolen during a recent cyberattack.
Faruk Fatih Ozer, the former CEO of the collapsed cryptocurrency exchange Thodex, has been extradited from Albania to Turkey to face charges of fraud and money laundering. Upon his arrival at Istanbul Airport on Thursday, the 29-year-old was immediately detained by police, according to state-run Anadolu Agency.
Amazon.com Inc. lost its appeal of a move by European Union antitrust regulators to allow for parallel EU and Italian antitrust probes into how the e-commerce giant may have unfairly treated some sellers on its platform.
Ukraine is preparing to sell big government-run firms at distressed prices as it seeks to shore up the aid-dependent budget, according to the head of the nation’s state property fund.
Nokia Oyj reported weaker-than-expected earnings, amid a slowdown in demand for its 5G gear in some of the company’s more mature markets.
Taiwan Semiconductor Manufacturing Co. said it expects a new chip-making facility under construction in Japan to cost about $8 billion and the Japanese government will help cover roughly half that amount.
One quick-witted opportunist bagged $250,000-worth of airline tickets for just $17,000 after fares on an All Nippon Airways website were listed ultra cheaply due to a currency conversion error.
Antofagasta Plc sees “good opportunities” to expand outside of Chile as the hunt for new copper deposits heats up along with global demand for the wiring metal crucial to the transition away from fossil fuels.
The end of pandemic lockdowns didn’t bode well for food delivery firms like Deliveroo, once a promising addition to the London Stock Exchange. Now it’s trying to navigate the cost-of-living crisis, which caused orders to decline in the first quarter. But the great British takeaway lives on, with revenue in the UK and Ireland climbing 11% from January to March. In other news, Israeli billionaire Teddy Sagi sweetened his bid for software solutions firm Kape Technologies.