In a statement, Germany’s top importer of Russian gas said, Russian LNG inflows into Germany are safe, despite the fact Moscow halted supplies to Poland and Bulgaria since transit volumes headed elsewhere have not been affected. Uniper’s CEO however noted,… Read More ›
In a significant development the Biden government has held talks with several international energy companies on putting in place contingency plans for supplying natural gas to Europe in the event gas supplies to Europe are disrupted because of Russian and… Read More ›
South Korean battery maker LG Energy Solution has opened its books for an initial public offering in the country with an aim to raise up to $10.8 billion in what is South Korea’s biggest IPO. LG Energy’s shares will be… Read More ›
In a significant development, Universal Electronics Inc, a U.S. remote-control maker said, it has struck a deal with Chinese authorities in Xinjiang to transport hundreds of Uyghur workers to its factory in Qinzhou, in the first confirmed case of a… Read More ›
On Wednesday, in a statement Toyota Motor Corp said, its fourth-quarter operating profit has risen by 92%, nearly doubling since a year ago. The development sees the company shrugging off chip-supply issues with its sales recovering from the impact of… Read More ›
According to a report from The Times, Britain is close to striking a vaccine deal with the European Union thus potentially removing a threat of the EU cutting off supplies of COVID-19 vaccines to the country. Under the terms of… Read More ›
With China controlling nearly 90% of the world’s supply of rare earth, the Five Eyes network should forge closer ties with Greenland to boost the critical supply of the minerals and cut their dependence on China, said a think tank… Read More ›
In a development that marks China capitalizing on the coronavirus-driven COVID-19 pandemic, the Chinese government has made an investment in BGI Genomics Co, a Chinese listed company that supplies millions of COVID-19 tests globally. BGI is seeking to fund exponential… Read More ›
In a statement, Japanese chip and display materials maker JSR Corp stated, it would nominate Robert Hale, a partner at U.S. hedge fund ValueAct Capital, to be an outside director. In early 2020, ValueAct Capital became a major shareholder in… Read More ›
On Friday, a source familiar with the matter at hand said, shareholders of LG Chem have approved a proposal by company to separate its battery business into a new company. The development paves the way for its battery business, to… Read More ›
manageria.biz 