By Heekyong Yang and Joyce Lee SEOUL (Reuters) – Hyundai Motor and affiliate Kia Corp will book a combined 2.9…
Canada promises industry it will respond to U.S. inflation act
By Ismail Shakil OTTAWA (Reuters) -Canada must strengthen its incentives meant to help industry scale up clean technologies after the…
Lam Research warns of up to $2.5 billion revenue hit from U.S. curbs on China exports
(Reuters) – Chip-making technology provider Lam Research Corp on Wednesday warned of a $2 billion to $2.5 billion revenue hit…
Credit Suisse currency rigging claims go before U.S. jury
By Jody Godoy (Reuters) -A U.S. jury began deliberating on Wednesday at a civil trial where Credit Suisse Group AG…
IBM expects to exceed annual revenue target on resilient cloud momentum
By Chavi Mehta (Reuters) -IBM Corp beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue…
Freedom Holding Corp to cut ties with Russian business amid sanctions
MOSCOW (Reuters) – U.S.-listed Freedom Holding Corp, a financial services firm focused on East Europe and Central Asia, is to…
Investor group, unions push Hyundai to address child labor at U.S. suppliers
By Mica Rosenberg and Kristina Cooke NEW YORK/SAN FRANCISCO (Reuters) -A group that works with union pension funds is pressing…
Biden awards $2.8 billion to boost U.S. minerals output for EV batteries
By David Shepardson and Ernest Scheyder WASHINGTON (Reuters) -The Biden administration said on Wednesday it is awarding $2.8 billion in…
BNP sees Fed terminal rate of 5.25% in Q1, U.S. recession in Q2
NEW YORK (Reuters) – BNP Paribas expects the Federal Reserve to push the fed funds rate to a peak of…
Factbox-Energy crisis revives coal demand and production
(Reuters) – High natural gas prices and global competition for the fuel have driven more demand for thermal coal for…