Philip Morris to launch new $30 million production facility in western Ukraine
KYIV (Reuters) – Philip Morris International Inc will launch a new $30 million production facility in the Lviv region in…
Economy
Factbox-Hyundai’s plans for EVs, restructuring in China
(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday…
Marketmind: US housing rebound, China prime cuts
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St looks set to return…
Recruiter SThree’s fee growth strained by weak U.S. demand
By Sinchita Mitra (Reuters) – Continued hiring caution and declining demand in the U.S. and life sciences sector dented SThree’s…
U.S. sweet, sour oil price spread narrows on strong sour demand
By Arathy Somasekhar HOUSTON (Reuters) – U.S. sweet and sour oil differentials narrowed significantly this month, pricing data showed, as…
Medtech firm Surgalign files for Chapter 11 bankruptcy
(Reuters) – Beleagured U.S. medical technology company Surgalign Holdings filed for a voluntary Chapter 11 bankruptcy on Monday. Surgalign filed…
Exclusive – Canadian pensions manager invests $400 million in Swedish battery maker Northvolt
(Refiles to make clear in headline IMCO is a pensions manager) By Tommy Wilkes, Simon Jessop and Supantha Mukherjee LONDON…
Quotes: Here’s what people are saying about Alibaba’s management reshuffle
(Reuters) – Alibaba Group said on Tuesday its CEO and chairman Daniel Zhang will step down from those roles to…
Singapore tops list of costliest cities for goods, services aimed at the wealthy
SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people,…
JPMorgan invests in financial technology provider Cleareye.ai
LONDON(Reuters) – JPMorgan has made a strategic investment in Cleareye.ai, a financial technology firm focused on trade finance, the companies…