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South Korea’s Battery Maker SK On Facing Crisis as Clients Grapple With Dismal EV Sales

Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.


Argentina's Milei Expected to Skip Mercosur Meeting in Paraguay, Trade Bloc’s Future Uncertain

Argentine President Javier Milei is expected to not attend the Mercosur summit in Paraguay this week and would instead head to Brazil to attend a rally organized by hard-right former president Jair Bolsonaro.

Tesla Makes Debut on Chinese Government Procurement List, a First for Foreign EV Brands

Tesla has achieved a milestone as the first foreign-owned electric vehicle brand to be included in a Chinese government procurement list.

CPKC Rail Cars with Hazardous Materials Burn for Over 12 Hours in North Dakota

A train carrying hazardous materials derailed in a remote area of North Dakota early Friday, July 5, causing a fire that continued to burn for over 12 hours.


Latest News

UK Stocks on the Rise as Keir Starmer's Labour Party Wins General Election
The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.
restaurant
California Gov. Gavin Newsom signed a bill allowing restaurants to collect service charges despite SB 478, which shields consumers from "junk fees."
Walmart faces a class action lawsuit alleging misleading and unjust pricing by charging customers more than required.
Philippines Demands $1 Million Payment from China over June 17 Incident
The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.
SNAP Benefits Overpayment Concerns Rise in States, FNS Releases New Data
According to data released by the US Food and Nutrition Service (FNS), several states are experiencing high rates of overpayments in SNAP benefits.
Bahrain's King Hamad Al Khalifa Visits China
Chinese officials face challenges in attracting foreign investment due to doubts fueled by Xi Jinping's policies, despite reassurances from top leaders and intensified overseas engagements.
grill
New research shows that American families will spend more than ever on Fourth of July barbecues due to inflation.
South Korea Regulator May Sanction Meta Over Facebook and Instagram Marketplaces: Report
Meta cannot use Brazilian personal data to build its AI models, according to the country's data protection authorities.
Florida Enacts Stricter SNAP Benefits Rules; DeSantis Signs Bill to Reform Public Assistance
Florida has implemented stricter requirements for its food stamp program, including expanded work requirements and age limits, affecting SNAP benefits recipients aged 18 to 59.
Kansas Businessman Admits Guilt in Illegally Exporting Aviation Tech to Russia
A Kansas businessman from Olathe has pleaded guilty to illegally exporting sensitive aviation technology to Russian companies, violating US sanctions.
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