Hyundai exec vows to improve company’s safety track record
DETROIT (AP) — Clogged oil ports, electrical shorts and leaks of brake fluid are only some of the safety problems…
July 2022
Global Slowdown Fears Darken As Cost Of Living Bites
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) – The global economy looks increasingly likely to be heading into a…
Exclusive-Hyundai Subsidiary Has Used Child Labor At Alabama Factory
By Joshua Schneyer, Mica Rosenberg and Kristina Cooke LUVERNE, Alabama (Reuters) – A subsidiary of Hyundai Motor Co has used…
AmEx 2Q profits fall 14% despite higher cardmember spending
NEW YORK (AP) — American Express’ profits fell 14% in the second quarter, the company said Friday, as higher expenses…
Twitter Blames Musk, Weak Ad Market For Drop In Revenue
(Reuters) -Twitter Inc on Friday blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening…
Twitter, in Musk fight, posts surprising drop in revenue
LONDON (AP) — Twitter reported a quarterly loss Friday and declining revenue caught Wall Street off guard with the number…
British Airways Workers At Heathrow Call Off Strike, Vote To Accept New Pay Deal
LONDON (Reuters) -Hundreds of British Airways workers at London’s Heathrow airport voted on Friday to call off strike action after…
Germany’s Uniper Gets 15 Billion Eur State Bail-out To Avert Collapse
FRANKFURT/HELSINKI (Reuters) -Uniper on Friday received 15 billion euros ($15.2 billion) in guarantees and equity as the German government stepped…
German government agrees on bailout for energy supplier
BERLIN (AP) — The German government will take a roughly 30% stake in energy supplier Uniper as part of a…
Uniper’s Finnish Parent Fortum Agrees To Germany’s Bailout Deal – Sources
FRANKFURT (Reuters) -Uniper, Finnish parent Fortum and their governments have agreed in principle on a bailout for the German gas…