Seoul, April 30 (IANS) LG Energy Solution said on Thursday it swung to a net loss in the first quarter from a year earlier, as weakening global demand for electric vehicle (EV) batteries weighed on earnings.For the first three months of this year, the company shifted to a net loss of 944 billion won ($635.8 million) from a net profit of 227 billion won a year ago, reports Yonhap news agency.”Lower sales of EV batteries to key customers and higher costs associated with the initial ramp-up of an e…
Latest Poland News & Updates
New Delhi, April 25 (IANS) Polish Ambassador to India, Piotr Antoni Switalski, stated recently that Poland is a “staunch advocate” of enhancing the relationship between the European Union and India across various sectors, including Defence, in light of the recent Free Trade Agreement (FTA).In an interview with IANS, Switalski expressed satisfaction with the interest of Polish companies in selling, manufacturing, and investing in India. He also noted that several Indian Defence companies have ind…
Athens, April 12 (IANS) Pakistani nationals, along with local actors, are embedded in the operational infrastructure of human smuggling and document fraud networks in Europe, according to a report. Greek authorities have started scrutiny of the database of Pakistani nationals who have come to the country on work visas in the past two years after police in March arrested five Pakistani nationals for operating a network of work visas of fake firms and fake government papers, the report in European…
Mexico City, April 1 (IANS) The remaining places for this year’s FIFA World Cup were finalised, capping a qualifying campaign that spanned nearly three years and setting the stage for the tournament’s first 48-team edition. The competition will be held across the United States, Mexico and Canada from June 11 to July 19. The expanded format has opened the door to new contenders while leaving several established powers and high-profile players on the outside looking in.Absent giantsItaly will miss…
New Delhi, April 1 (IANS) Turkiye brought an end to their 24-year absence from the FIFA World Cup with a narrow victory over plucky Kosovo, which was sealed by an opportunistic effort from Kerem Akturkoglu.They will now join Group D at the global finals alongside Australia, Paraguay and co-hosts USA.Playing in front of the pouring rain at Fadil Vokrri Stadium in Pristina, Turkiye soon imposed their will on the proceedings with Kenan Yildiz repeatedly probing the Kosovo defence early on. The game…
Berlin, April 1 (IANS) Four-time champion Italy have failed to qualify for a third consecutive FIFA World Cup after losing to Bosnia and Herzegovina in a dramatic playoff decided by penalties.The match, held in Zenica, ended 1-1 after extra time before Bosnia triumphed 4-1 in the shootout, securing its first World Cup appearance since 2014.”We still can’t believe it,” said Italy defender Leonardo Spinazzola. “It’s upsetting for everyone.”Head coach Gennaro Guttuso apologized after the match, say…
Mexico City, March 27 (IANS) Moises Paniagua and Miguel Terceros struck late as Bolivia edged closer to its first World Cup appearance in 32 years with a 2-1 victory over Suriname in their inter-confederation playoff semifinal.Liam van Gelderen had given Suriname the lead just after halftime at BBVA Stadium when he toe-poked home after a scramble inside the six-yard box.Bolivia equalised in the 72nd minute through Paniagua, who pounced on a loose ball and finished clinically into the bottom-righ…
Warsaw, March 26 (IANS) India and Poland on Thursday held discussions on deepening political exchanges and economic ties, including in areas like electric vehicles, mining and shipping and enhancing educational, cultural and people-to-people exchanges. The talks were held between Additional Secretary, Ministry of External Affairs (MEA), Pooja Kapur and Polish Secretary of State WT Bartoszewski in Warsaw.”Ms. Pooja Kapur, Additional Secretary, Ministry of External Affairs called on Polish Secreta…
Bengaluru, March 26 (IANS) Responding to comparisons between Bengaluru and Hyderabad, Deputy Chief Minister D.K. Shivakumar, stated that he does not wish to compare Bengaluru, which stands in sixth position as a global tech hub with Hyderabad, which is placed 26th.Speaking in the Legislative Assembly on Thursday, Dy CM Shivakumar, who also handles the Bengaluru Development portfolio, said, “According to a recent report, Bengaluru is among the top 10 global tech hubs. San Francisco ranks first, f…
Washington, March 21 (IANS) The United States moved against what it described as a sprawling financial network that channelled more than $100 million to Hezbollah, sanctioning individuals and companies operating across several countries.The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 16 individuals and entities linked to Hezbollah financier Alaa Hassan Hamieh, accusing him of overseeing a network of companies used to launder money and raise funds for the …