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S.Korea’s Hyundai Motor and its affiliates to jointly set up company in U.S. to explore businesses
SEOUL (Reuters) - South Korea's Hyundai Motor Co and its two affiliates plan to jointly set up a company in the United States to explore businesses, Hyundai Motor said on Thursday. In May, Hyundai Mot...
Jun 30, 2022
Indian telcos’ 5G bids seen muted as private firms jostle for airwaves -sources
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) - India's telecom giants are likely to make muted bids at the 5G spectrum auction in July, on worries they stand to lose about 40% in potential...
Jun 30, 2022
China urges U.S. to stop sanctions on Chinese firms over allegedly supporting Russia
BEIJING (Reuters) - China opposes the blacklisting of Chinese firms by the United States and will take the necessary measures to protect them, the commerce ministry said on Thursday. U.S. President Jo...
Jun 30, 2022
Hungary central bank raises one-week deposit rate by 50 bps to 7.75%
BUDAPEST (Reuters) - Hungary's central bank raised its one-week deposit rate by 50 bps to 7.75% at a weekly tender on Thursday, as flagged by the bank on Tuesday after its rate meeting where it hiked ...
Jun 30, 2022
Third time lucky for Italy’s De Nora family as shares hit market
By Francesco Zecchini and Francesca Landini MILAN (Reuters) - Italy's De Nora family will be relieved that the electrode manufacturer managed to make it on to the Milan Stock Exchange on Thursday afte...
Jun 30, 2022
Airline KLM repays last of Dutch government loans
AMSTERDAM (Reuters) - Dutch airline KLM has paid back the last part of loans granted by the Dutch government during the COVID-19 pandemic, it said on Thursday. The Dutch arm of airline group Air Franc...
Jun 30, 2022
Gartner revises 2022 mobile sales estimates to fall 7.1%
By Supantha Mukherjee STOCKHOLM (Reuters) - Gartner forecast global mobile phone sales to fall 7.1% this year on Thursday, revising its earlier estimate of a growth of 2.2%, citing inflation, Russia's...
Jun 30, 2022
Rate hikes to help euro zone banks but war a drag – ECB
(Reuters) - Euro zone banks will benefit from a gradual increase in interest rates but market volatility and the impact of Russia's war in Ukraine could prove a drag, European Central Bank supervisor ...
Jun 30, 2022
Saab wins SEK 7 billion order from Swedish defence
STOCKHOLM (Reuters) - Swedish defence materials group Saab said on Thursday it had won an order from the Swedish Defence Material Administration for its GlobalEye Airborne Early Warning and Control ai...
Jun 30, 2022
Global smartphone, PC shipments to decline in 2022 on China slowdown – Gartner
(Reuters) - China's slowing economy and an inflation-driven drop in consumer spending are expected to drag down global shipments of computers and smartphones this year, according to research firm Gart...
Jun 30, 2022
Wed May 13
Peoria, IL, USA
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