Author Archives: Syndicated Content
Hyundai, SK to build new battery plant in Georgia
(Reuters) - Hyundai Motor Group and SK On said Thursday they will build a new battery manufacturing plant in the state of Georgia to supply the Korean automaker's U.S. assembly plants. Hyundai Motor G...
Dec 08, 2022
Adani’s $900 million Indian port build restarts as villagers end protest
By Jose Devasia KOCHI, India (Reuters) - Construction on a $900 million port in Kerala, southern India resumed on Thursday after protesters from a mainly Christian fishing village ended a blockade of ...
Dec 08, 2022
Foxconn’s COVID-hit China plant lifts “closed-loop” management curbs
HONG KONG (Reuters) - Apple supplier Foxconn's COVID-hit Zhengzhou facility in China has lifted its "closed-loop" management curbs on Thursday, it said in a statement posted on its Wechat account. (Re...
Dec 08, 2022
Exclusive-Chinese grab Russian car market share after Western rivals depart
By Gleb Stolyarov MOSCOW (Reuters) - Chinese brands account for almost a third of Russia's car market, data shared with Reuters shows, as the sector more than any other shows China's growing importanc...
Dec 08, 2022
TSX futures muted as gold prices slip; U.S. jobs data in focus
(Reuters) - Futures tracking Canada's resources-heavy main stock index were subdued on Thursday as gold prices slipped, while investors awaited U.S. labor data to gauge the Federal Reserve's next poli...
Dec 08, 2022
Paris court upholds life in jail sentence for Thalys train attacker
PARIS (Reuters) -The Paris Court of Appeal on Thursday rejected an appeal against a life in jail sentence filed by an Islamist militant who opened fire aboard a high-speed train travelling through nor...
Dec 08, 2022
Walmart-backed PhonePe seeks to raise $1 billion – Bloomberg News
BENGALURU (Reuters) - Indian digital payments firm PhonePe is seeking to raise up to $1 billion from General Atlantic, Tiger Global Management, Qatar Investment Authority and Microsoft Corp, Bloomberg...
Dec 08, 2022
China’s COVID easing seen knocking growth early next year before recovery kicks in
By Ellen Zhang, Liangping Gao and Carolina Mandl BEIJING/NEW YORK (Reuters) - China's shift from tough COVID policies, with its promise of driving an economic recovery next year, will instead likely d...
Dec 08, 2022
EU markets watchdog raps national regulators over Brexit hubs
By Huw Jones LONDON (Reuters) - Regulators in Ireland, Luxembourg and the Netherlands allowed investment funds shifting operations from London to the European Union after Brexit to operate with too fe...
Dec 08, 2022
Unilever mulls $3 billion sale of some U.S. ice cream brands – Bloomberg News
(Reuters) -British consumer goods giant Unilever is considering the sale of a portfolio of U.S. ice cream brands such as Klondike and Breyers, that could be valued at as much as $3 billion, Bloomberg ...
Dec 08, 2022
