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April 11, 2023

Hyundai Motor Group To Invest $18 Billion In South Korean EV Industry By 2030
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  • Reuters

Hyundai Motor Group To Invest $18 Billion In South Korean EV Industry By 2030

The Cheap Investor3 years ago02 mins

By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea’s electric vehicle (EV) industry through 2030, bolstering its presence in a segment that is set to dominate long-term global automotive demand. The investment plan by the group, which includes Hyundai Motor Co,…

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Credit Suisse Job Cuts Must Be Frozen -bank Employees Leader Says
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  • Reuters

Credit Suisse Job Cuts Must Be Frozen -bank Employees Leader Says

The Cheap Investor3 years ago03 mins

ZURICH (Reuters) -Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees’ Association (SBPV) said on Tuesday, in an open letter to the country’s parliament. SBPV managing director Natalia Ferrara has written to lawmakers to demand they consider staff affected by the collapse of Credit…

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Credit Suisse Job Cuts Must Be Frozen -bankers Leader Says
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  • Reuters

Credit Suisse Job Cuts Must Be Frozen -bankers Leader Says

The Cheap Investor3 years ago02 mins

ZURICH (Reuters) – Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees’ Association (SBPV) said on Monday, in an open letter to the country’s parliament. SBPV managing director Natalia Ferrara has written to lawmakers to demand they consider staff affected by the collapse of…

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Alibaba Shows Off Its Generative AI Tech, To Roll Out In All Apps
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Alibaba Shows Off Its Generative AI Tech, To Roll Out In All Apps

The Cheap Investor3 years ago02 mins

By Josh Horwitz SHANGHAI (Reuters) -Alibaba Group Holding Ltd on Tuesday showed off its generative AI model – its version of the tech that powers chatbot sensation ChatGPT – and said it would be integrated into all of the company’s apps in the near future. Called Tongyi Qianwen, the AI large language model drafted invitation…

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  • ‘Big Short’ investor Burry targets Tesla after slamming AI valuations
  • Blue Origin unveils plan for bigger New Glenn rocket variant to take on SpaceX
  • Elliott builds stake in Barrick Mining, source says
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