Tuesday, December 22, 2020

LG and Magna announce billion dollar joint venture in electric car gear

LG and Magna announce billion dollar joint venture in electric car gear The joint venture, tentatively called LG Magna e-Powertrain and valued at $1 billion, will manufacture e-motors, inverters and onboard chargers, according to LG Electronics.

from Moneycontrol Business News https://ift.tt/2M1du0e

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...