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JAKARTA (Reuters) - Hyundai Motor Group launched a new automotive plant on Wednesday that will produce Indonesia's first locally assembled electric vehicle, part of President Joko Widodo's goal of dev...

(Reuters) -U.S. cybersecurity firm NortonLifeLock Inc's $8.6 billion purchase of rival Avast Plc will face an in-depth probe by Britain if competition concerns are not addressed, the UK anti-trust reg...

A look at the day ahead in markets from Dhara Ranasinghe. The day ahead is all about the United States and Russia and possibly it's also a day of firsts, for very different reasons. So, where do we st...

By Joe Brock SINGAPORE (Reuters) - The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh w...

(Reuters) - Malaysia's Airasia X (AAX) said on Wednesday it had completed its debt restructuring, and will write 33 billion ringgit ($7.86 billion) back to profits in the next quarter. Under the airli...

BERLIN (Reuters) - BMW lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, the German carmaker said on Wednesday. BMW Group now predicts growth of ear...

SHANGHAI (Reuters) - Electric vehicle giant Tesla is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens COVID restric...

JOHANNESBURG (Reuters) - Standard Bank will stop financing all new coal- and oil-fired plants in most circumstances and reduce its fossil fuel exposure over time as part of a plan to reach net-zero by...

MADRID (Reuters) - Zara owner Inditex reported on Wednesday its net profit more than doubled in 2021 to 3.2 billion euros ($3.51 billion) after its sales almost recovered from the pandemic as many cou...

TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker which counts technology giants such as Apple Inc among its major clients, reported a fourth-quarter profit on Wednesd...