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Business

Brazil downgrades ties with Argentina to chargé d'affaires level over Milei's remarks

Brazil decided on Tuesday to downgrade its diplomatic relations with Argentina to the level of chargé d'affaires and to postpone indefinitely the return of its ambassador in Buenos Aires, Julio Glinternick Bitelli, following a fresh round of remarks by Argentine President Javier Milei against his counterpart Luiz Inácio Lula da Silva.

en.mercopress.com ·

Brazil downgrades ties with Argentina to chargé d'affaires level over Milei's remarks

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Fair Trade Commission Probes Online Platform Merchant Damage

The Fair Trade Commission said it will conduct a three-month investigation into transaction terms and potential unfair trade practices between major online platforms and their merchants from Aug.

  • Fair Trade Commission to investigate online platform merchant practices from Aug 13 to Nov 12
  • Examines transaction terms, unfair practices, and merchant costs including commissions and fees
  • Aims to quantify merchant difficulties and inform fair trade policies in platform economy

·businesskorea.co.kr

Next-Gen Batteries Gain Battlefield Breakthrough

Next-generation battery technologies that had struggled to achieve commercial viability in the electric vehicle market have found their first commercial breakthrough through Ukraine’s battlefield and…

  • Next-gen lithium-metal and silicon batteries find battlefield commercial success.
  • Korean company BEI sells batteries to Ukrainian combat drone manufacturers.
  • U.S. drone program secures 60,000 combat drones with silicon-based batteries.

·businesskorea.co.kr