DETROIT (Reuters) -General Motors ( GM ) is planning to produce lower-cost battery cells at its joint-venture plant with South Korea's LG Energy Solution in Tennessee. The Detroit automaker is rolling out production of lithium-iron-phosphate (LFP) batteries, a technology that is gaining popularity at other automakers in the U.S. including at cross-town rival Ford Motor ( F ). GM will...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

STOCKHOLM (Reuters) -Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4 billion Swedish crowns ($1.19 billion) in the second quarter, it said on Monday. Volvo Cars is adjusting the financial assumptions for the EX90 and ES90 platform, due to previous launch delays and new import tariffs in several markets, it said in a statement. ($1 = 9.6103...

11:06 AM EDT, 07/14/2025 (MT Newswires) -- Troops (TROO) said Monday its Giant Connection unit has signed a letter of intent with World Honor to acquire 49% of Work, a co-working space operator based in the British Virgin Islands with operations in Taiwan. The agreement includes an option allowing Troops to purchase the remaining 51% in the future, the company...