S.Korea’s Posco Chemical says wins $32.6 billion order from Samsung SDI

SEOUL, Jan 30 (Reuters) – Posco Chemical (003670.KS) said on Monday it has won a 40 trillion won ($32.60 billion) order from Samsung SDI (006400.KS) to supply cathode materials for electric vehicle batteries between 2023 and 2032. However, the deal value could change due to further negotiations and fluctuating prices of raw materials, the company… Continue reading S.Korea’s Posco Chemical says wins $32.6 billion order from Samsung SDI

UK video streaming market shows signs of recovery in last quarter of 2022

LONDON, Jan 30 (Reuters) – The UK video streaming market showed a tentative recovery in the final quarter of 2022, with subscriber numbers edging higher after a sharp decline earlier in the year when cash-strapped households sought savings, industry data showed on Monday. Market researcher Kantar said that between October and December the number of… Continue reading UK video streaming market shows signs of recovery in last quarter of 2022

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TOKYO, Jan 30 (Reuters) – Toyota Motor Corp (7203.T) sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world’s top-selling automaker for a third straight year. Global sales for the group, including truck unit Hino Motors (7205.T) and small-car maker Daihatsu, inched down 0.1% as record overseas sales of… Continue reading Untitled

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TOKYO, Jan 30 (Reuters) – Nissan Motor Co (7201.T) and Renault SA (RENA.PA) have reached an agreement to lower the French automaker’s stake in the Japanese carmarker to 15% from 43%, the Nikkei business daily reported on Monday. Reporting by Satoshi Sugiyama Editing by Chang-Ran Kim Our Standards: The Thomson Reuters Trust Principles. Go to… Continue reading Gallery

China’s 2022 smartphone shipments the lowest in 10 years – research firm, article with image

SHANGHAI, Jan 29 (Reuters) – China’s smartphone sales fell 13% year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market research firm IDC said on Sunday. The total number of devices shipped was 286 million, down from 329 million in 2022. That meant total 2022 sales volume was… Continue reading China’s 2022 smartphone shipments the lowest in 10 years – research firm, article with image

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FRANKFURT, Jan 28 (Reuters) – Ford (F.N) executives have indicated they are willing to hold talks with labour representatives over planned structural changes at the U.S. carmaker’s plants in Germany, the head of the worker’s council at Ford’s Cologne plant said on Saturday. Ford said on Jan. 20 that its planned shift to electric vehicle… Continue reading Untitled

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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him, article with image

NEW YORK, Jan 28 (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a U.S. judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying prosecutors “sandbagged” the process to put their client in the “worst possible light.” The lawyers were responding to a Friday… Continue reading FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him, article with image