French Economy Unexpectedly Accelerates in 2Q
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Bloomberg
26 minutes ago
- Bloomberg
Korea's SK On Aims to Best Rivals With Next-Generation Batteries
SK Innovation Co. 's battery unit plans to accelerate development of cutting-edge technologies in partnership with US and European carmakers, its R&D chief said, aiming to win back market share from peers in China and South Korea. SK On is focused on honing its edge in thermal management technology, such as immersion cooling designed to boost the efficiency of batteries for AI data centers, energy storage systems and electric vehicles, Park Kisoo, head of the company's research and development arm, said in an interview. The battery specialist already is in talks with Ford Motor Co. and Hyundai Motor Co. to collaborate on the cutting-edge tech, he said.
Yahoo
an hour ago
- Yahoo
Liverpool to cash in as COMPLETE midfielder leaves
Liverpool stand to cash in TWICE having sold to Lyon. The cash-strapped French Ligue 1 giants have managed to find the money in order to complete a deal for the Liverpool midfielder. A breakthrough in negotiations was reached on Saturday - with Morton flying to Lyon in order to tie up the formalities of the transfer. 🔴 Shop the LFC 2025/26 adidas home range Shop the LFC Store 🚨2025/26 LFC x adidas range🚨 LFC x adidas Shop the away range TODAY LFC x adidas Shop the home range today! LFC x adidas Shop the goalkeeper range today LFC x adidas Shop the new adidas range today! 22-year-old Morton had expressed his desire to gain more game time next season having missed out on a substantial amount of football last term. 🔴 Shop the LFC 2025/26 adidas away range The England under-21 international found it impossible to break into Arne Slot's Premier League team - and made only sporadic appearances in other competitions. Morton handpicked by Lyon manager His misery was compounded by an injury that wrecked the second half of his season. Morton recovered to take his place in England's UEFA Euro U21 squad - with the schemer being successful alongside Harvey Elliott as the Three Lions retained the trophy. A player of considerable promise, Morton leaves having played 14 times for the seniors - and enjoyed productive loan spells away from Anfield at Blackburn and especially Hull City. He has been handpicked by Lyon manager Paulo Fonseca - who is reported to see him as a dream signing according to L'Equipe. Morton fee reported at €10m 'He will cost €10 million and will sign a five-year contract,' write Hugo Guillemet and Loïc Tanzi. 'The latter has long been identified by the Lyon team: a complete and modern number 6 very comfortable on the ball, capable of playing as an 8, he fits the profile sought by Paulo Fonseca to take his midfield to the next level.' The deal has been reported at £15m in the British media but French claims are that the transfer is for significantly less than that. Liverpool stand to benefit to the tune of around €10m initially and €5m more will be sent their way based on bonuses. © IMAGO Liverpool receive 20 percent cut 'OL reached an agreement with the Reds on a transfer fee of €10 million. Bonuses of up to €5 million will also be added to the deal, although they are quite difficult to achieve.' However, the real benefit of the deal could come further down the line. Liverpool have managed to insert a clause in the move which will see them gain a cut of future profits. 'Liverpool will retain 20% of any potential future capital gains,' the report concludes. Lyon have got a very good track record in selling players - including Tanguy Ndombele, Bradley Barcola and Lucas Paqueta. If, as expected, Morton impressed for his new club over the next few seasons it could be envisaged that he completes a money-spinning deal back to the Premier League.
The Hill
an hour ago
- The Hill
Puzder confirmed as US ambassador to EU
Andrew Puzder, a former fast-food chain CEO, was confirmed by the Senate on Saturday as the U.S. ambassador to the European Union (EU). Puzder's confirmation went through in a 53-44 vote, with New Hampshire Sens. Maggie Hassan (D) and Jeanne Shaheen (D) crossing the aisle to vote with most Republicans in support of Puzder. Sen. Lisa Murkowski (R-Alaska) voted against Puzder. 'CONFIRMED: @AndyPuzder as Representative of the United States of America to the European Union,' the White House said in a post on the social platform X Saturday. Trump picked Puzder as his selection for ambassador to the EU in January, praising him as steering fast-food chains like Carl's Jr. and Hardee's away from 'serious financial difficulty' and claimed that Puzder will 'do an excellent job' as ambassador. The president's selection of Puzder was the second time that Trump has tapped him for a top role in his administration, following the former restaurant chain executive withdrawing as nominee for Labor secretary during Trump's first term in the face of backlash from Republicans. In 2017, Puzder withdrew his nomination to lead the Labor Department prior to a confirmation hearing, with multiple Republican senators at the time seeming ready to oppose him amid allegations of past spousal abuse and his employment of an undocumented immigrant as a housekeeper. He denied the resurfaced allegations and his former wife retracted the claims.
