In Dehradun, a retired Army brigadier, aged 70, tragically lost his life due to a stray bullet while taking his morning walk. The incident occurred following a late-night altercation between two groups over DJ music at a nightclub, which escalated into violence on the...
The inaugural Asian version of the renowned music event Eurovision is set to take place in Bangkok later this year. Organizers have confirmed the participation of at least 10 Asian countries including Thailand,...
A legal claim alleges that Taylor Swift's album "The Life of a Showgirl" has infringed on the intellectual property of a real showgirl named Maren Wade. Wade has filed a lawsuit in U.S....
LG Energy Solution (LGES), a South Korean battery manufacturer, announced a projected first-quarter operating loss of 208 billion won (approximately $192 million CDN) due to decreased demand from electric vehicle (EV) manufacturers. This...
The Indian rupee made a strong recovery on Monday, bouncing back below the Rs 94 level against the US dollar after reaching record lows in the previous session. The rupee surged by nearly...
LG Energy Solution (LGES), a South Korean battery manufacturer, announced a projected first-quarter operating loss of 208 billion won (approximately $192 million CDN) due to decreased demand from electric vehicle (EV) manufacturers. This figure contrasts with the 160 billion won loss forecasted by LSEG SmartEstimate, primarily based on consistently accurate analysts.
Key points include:
- LGES, a supplier to Tesla, General Motors, and Hyundai Motor, faces reduced demand for EV batteries, with a major customer, GM, temporarily halting operations at a Detroit EV plant until April.
- LGES anticipates a 2.5% decline in revenue to 6.6 trillion won compared to the previous year.
- The earnings guidance for the quarter incorporates tax credits...
In Alberta's mountain national parks, the threat of aquatic invasive species (AIS) is leading to the closure of numerous lakes and rivers to watercraft,...
The people of Greenland are seeking support from Canada amidst concerns of potential annexation by the U.S., according to Governor General Mary Simon. Simon,...
