Ericsson To Restructure Operations, Two Executives To Depart
STOCKHOLM (Reuters) – Ericsson on Wednesday laid out plans to restructure its operating units to focus on mobile infrastructure and…
2022
NATO talks with Finland, Sweden falter but will continue
BRUSSELS (AP) — NATO envoys failed to reach a consensus Wednesday on whether to start membership talks with Finland and…
UK inflation hits 40-year high amid Russia’s war in Ukraine
LONDON (AP) — Britain’s inflation rate rose to the highest level in 40 years last month as Russia’s war in…
UK Inflation Hits 9%, Highest Since 1980s
LONDON (Reuters) -British consumer price inflation hit an annual rate of 9.0% in April, the highest since official estimates began…
Hyundai Motor Group Plans To Invest $16.5 Billion In S.Korea EV Business
By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group said on Wednesday it plans to invest a total of 21 trillion…
Asian shares track Wall Street’s inflation-fueled retreat
TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal…
Sony Readies For Metaverse Revolution With Cross-platform Push
By Sam Nussey TOKYO (Reuters) – Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role…
Japan’s economy contracts as energy prices soar
TOKYO (AP) — Japan’s economy shrank at a worse than expected annual rate of 1% in the first quarter, as…
Toyota Taps Wells To Beat Water Supply Disruption In Central Japan
TOKYO (Reuters) – Toyota Motor Corp is using well water at its factories to avoid the impact of an industrial…
Shanghai Authorities Allow Some Financial Firms To Resume Work – Sources
SHANGHAI (Reuters) – Shanghai authorities issued a new ‘white’ list containing 864 financial institutions, allowing them to resume work, three…