Tag: said
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South Korea’s Samsung SDI to buy out GM’s stake in battery joint venture
Aug 11 : South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in Indiana and acquire the U.S. firm’s 49.99 per cent stake, citing weaker-than-expected electric vehicle demand.Here are some details:• Samsung SDI said in a regulatory filing
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Vietnam’s Sun PhuQuoc Airways to receive 8 Airbus A330 planes by end-April 2027
HANOI, Aug 11 : Vietnam’s Sun PhuQuoc Airways said it will receive its first four Airbus A330 wide-body aircraft this year and another four in 2027 as it seeks to expand to international markets.• The first two A330 aircraft are scheduled to arrive in Vietnam next month and enter service immediately, while
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Bank of Korea likely to raise interest rates further, outgoing deputy chief says
SEOUL, Aug 11 : South Korea’s central bank will raise interest rates further to respond to persistent inflationary pressure, the outgoing deputy chief said on Tuesday. “Unless there is an extraordinary shock or an extraordinary factor, the possibility of an additional rate hike is high,” Bank of Korea Senior
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Australia to roll out bird flu vaccines for most vulnerable native birds
Vulnerable native species will be among the first in line to be protected from the deadly strain.
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The transgender controversy surrounding the WNBA
After the Indiana Fever’s Sophie Cunningham said it was “common sense” to ban transgender women from women’s sports, a row has emerged in the WNBA – with former NBA players saying eligibility rules mean they can enter the 2027 Draft.
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At least 111 killed in Colombia’s largest earthquake in years
The magnitude 7.4 quake had its epicentre in Chocó province, near the Pacific Coast, but could be felt in cities hundreds of kilometres away.
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US officials work to close supply chain gaps as foreign investment grows
PHILADELPHIA, Aug 10 : U.S. officials on Monday said they are working closely with foreign investors to identify gaps in the U.S. manufacturing supply chain and to help small- and medium-sized businesses scale up to meet rising demand as foreign investments surge. Assistant Secretary of the Treasury Chr
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SEC settles charges over SpaceX, Klarna, pre-IPO share fraud
Aug 10 : The U.S. Securities and Exchange Commission on Monday brought settled charges of fraud against Adit Ventures Management, its founder and three partners in connection with pre-IPO investments in companies including Klarna and SpaceX, the agency said in a release. The SEC alleged that the investment a
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Turkey MPs back historic law on reintegrating PKK militants
Turkey’s parliament has taken a major step toward ending four decades of conflict with the PKK. The new law sets out how some militants can return to civilian life, but leaves Abdullah Ocalan’s future unresolved.
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More than 100 killed after powerful earthquake hits western Colombia
Colombia’s newly inaugurated President Abelardo de la Espriella has declared a state of emergency.
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