Posco International, the trading arm of Posco Group, is poised to invest 1 trillion won ($755 million) exclusively in the energy sector this year, paving the way to establish itself as a globally recognized eco-friendly conglomerate in its key business area. The company outlined its business plans Tuesday, emphasizing "global expansion" as its mantra for 2024 to strategically bolster its major business valu.
CP Daily: Wednesday January 31, 2024 « Carbon Pulse carbon-pulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carbon-pulse.com Daily Mail and Mail on Sunday newspapers.
Posco Group and the United Arab Emirates' Abu Dhabi National Oil Company will collaborate on blue hydrogen production facilities in Gwangyang, South Jeolla Province, Posco International said Wednesday. Posco International, Posco Holdings and ADNOC signed a three-way strategic collaboration agreement at the UAE energy group’s headquarters in Abu Dhabi. Under the agreement, the three companies will build blu.
The geographical distance between South Korea and Africa has historically hindered exchanges, fostering numerous misconceptions about the vast continent consisting of 54 nations and their respective rich cultures and assets, according to the Tanzanian ambassador in Seoul. But he expects an upcoming summit in Seoul in June that brings African leaders to the capital city, is expected to break these barriers and initiat.
South Korean stocks opened lower Wednesday as investors sought profits. The benchmark Korea Composite Stock Price Index fell 12.29 points, or 0.5 percent, to 2,466.32 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average closed 0.25 percent lower as investors cashed in profits, while the tech-heavy Nasdaq added 0.43 percent. In Seoul, top tech giant Samsung Electronics moved down 1.2 percent.