By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group said on Sunday it planned to invest an additional $5 billion in the United States to strengthen collaboration with U.S. firms in advanced technology. The investments will be made by 2025, paying for activities in robotics, urban air mobility, autonomous driving and artificial intelligence, the group said….
SEOUL (Reuters) – Hyundai Motor Group said on Sunday it plans to invest an additional $5 billion in the United States through 2025 to strengthen its collaboration with U.S. firms in diverse technologies, such as robotics, urban air mobility, autonomous driving and artificial intelligence. Hyundai Motor Group, which houses Hyundai Motor Co and Kia Corp,…
By Ludwig Burger and Christoph Steitz FRANKFURT (Reuters) -Siemens Energy on Saturday launched a 4.05 billion euro ($4.28 billion) bid for the remaining shares in struggling wind turbine unit Siemens Gamesa, hoping to remove a complex ownership structure that has weighed on its shares. Siemens Energy said the 18.05 euros per share bid constitutes a…
By Ludwig Burger and Christoph Steitz FRANKFURT (Reuters) -Siemens Energy on Saturday said it would offer 18.05 euros ($19.06) per share for the remaining third it does not already own in Spanish-listed Siemens Gamesa, hoping to remove a complex ownership structure that has weighed on its shares. Siemens Energy said the bid constitutes a premium…
FRANKFURT (Reuters) – Siemens Energy on Saturday said it would offer 18.05 euros ($19.06) per share for the remaining third it does not already own in Spanish-listed Siemens Gamesa, hoping to remove a complex ownership structure that has weighed on its shares. Siemens Energy said the bid constitutes a premium of 27.7% over the last…
(Reuters) – HSBC Holdings CEO Noel Quinn says his bank will not be distracted from its ambition to lead the global economy in the transition to net zero, after a senior executive said central banks had exaggerated the financial risks of climate change. In a LinkedIn post on Saturday, Quinn said the senior banker’s remarks were…
HELSINKI (AP) — Russia halted gas exports to neighboring Finland on Saturday, a highly symbolic move that came just days after the Nordic country announced it wanted to join NATO and marked a likely end to Finland’s nearly 50 years of importing natural gas from Russia. The measure taken by the Russian energy giant Gazprom…
BANGKOK (AP) — Delegates from the United States and four other nations staged a walkout Saturday when a representative from Russia began his opening remarks at a meeting of trade ministers of the Asia-Pacific Economic Cooperation group in the Thai capital, officials said. A Japanese official said Japan’s Trade Minister Koichi Hagiuda and his counterparts…
By Terje Solsvik OSLO (Reuters) – Russia’s Gazprom on Saturday halted gas exports to neighbouring Finland, in the latest escalation of an energy payments dispute with Western nations. Gazprom Export has demanded that European countries pay for Russian gas supplies in roubles because of sanctions imposed over Moscow’s invasion of Ukraine, but Finland refuses to…
By Terje Solsvik OSLO (Reuters) -Russia’s Gazprom on Saturday halted gas exports to neighbouring Finland, the Finnish gas system operator said, the latest escalation of an energy payments dispute with Western nations. Gazprom Export has demanded that European countries pay for Russian gas supplies in roubles because of sanctions imposed over Moscow’s invasion of Ukraine,…
