Glencore, Britishvolt to develop a battery recycling plant in the U.K.

The recycling facility will process around 10,000 tonnes of lithium-ion batteries per year. Speculations have it that the plant could also employ at least 400 people. Mining giant Glencore has reportedly entered a joint venture agreeme....

Canada’s Quebec drops plan of levying health tax on the unvaccinated

Canadian province Quebec will not enforce health tax on adults who refuse to take COVID-19 vaccines, premier Francois Legault stated, over concerns that the idea itself is too divisive. The politician had proposed the measure earlier in Jan....

Netmarble to foray into Metaverse and NFT space with new game launches

The rapidly growing popularity of the metaverse and NFT market has now roped in South Korean video game developer Netmarble, with the company recently announcing plans to launch new games based on blockchain and metaverse technologies. Cha....

Australia reports lowest daily COVID-19 cases and deaths in two weeks

Australia has reported its lowest number of daily COVID-19 deaths and cases in two weeks, further allowing schools to reopen. Nearly 34,00 new cases and, 44 deaths have been reported recently, the lowest daily count in a month. Although th....

Daimler to be officially renamed as Mercedes-Benz starting February

Daimler AG recently announced that it will be rebranded as Mercedes-Benz Group AG starting February 1 in a move to unlock shareholder value for the luxury automaker. The latest rebranding is one of the landmark changes since it began its ve....

Germany reports 200,000 COVID-19 infections in a day for the first time

For the first time in Germany, the daily number of new COVID-19 cases has risen to 200,000, hitting staffing at most companies including the freight operator Lufthansa Cargo. According to Robert Koch Institute for infectious diseases, the ....

U.K. car production at its lowest since 1956 over pandemic disruptions

A study from the Society of Motor Manufacturers and Traders (SMMT) found that automobile production in the United Kingdom fell to its lowest level last year since 1956. This can be largely attributed to the various disruptions stemming from....

LG Energy Solution’s value tops USD 87 billion in blockbuster IPO debut

Battery manufacturing company LG Energy Solution Ltd. (LGES), which is known to supply some prominent automakers, has reportedly attracted bids worth USD 13 trillion in its stock market debut and marking it as South Korea’s biggest IP....

South Korea reports highest single-day spike amidst Omicron turbulence

South Korea’s daily number of new COVID-19 cases has topped 8,000 for the first time. The highest single-day spike comes despite the recent extension on social distancing to control the rapidly spreading Omicron variant. According to....

Qjobs hopes to acquire 10 million job applications by the end of 2022

Qjobs, an online employment portal for white-collar and blue-collar workers, reportedly received over 2 million applications in 2021, representing a tenfold increase in a single year. The firm currently intends to acquire nearly 10 million....